The Risc Foundation Inc

Organization Overview

The Risc Foundation Inc is located in New Haven, CT. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Risc Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Risc Foundation Inc generated $612.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Risc Foundation Inc has awarded 142 individual grants totaling $5,053,712. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lagoda Investment Management Lp
$293,869
Us Trust
$77,440
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $778
Dividends & Interest $432,677
Net Rental Income$0
Net Gain on Sale of Assets $178,783
Capital Gain Net Income $178,783
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $612,238

Grants Awarded

Over the last fiscal year, The Risc Foundation Inc has awarded $395,000 in support to 19 organizations.

Grant RecipientAmount

ALL OUR KIN INC

PURPOSE: PROGRAM SUPPORT

$275,000

JACOB'S PILLOW DANCE FESTIVAL INC

Org PageRecipient Profile

Becket, MA

PURPOSE: PROGRAM SUPPORT

$50,000

THE NEW HAVEN READS COMMUNITY BOOK BANK

Org PageRecipient Profile

New Haven, CT

PURPOSE: PROGRAM SUPPORT

$12,000

CALVIN HILL DAY CARE CENTER

Org PageRecipient Profile

New Haven, CT

PURPOSE: PROGRAM SUPPORT

$10,000

FOOTE SCHOOL INC - HORIZONS AT FOOTE

PURPOSE: PROGRAM SUPPORT

$10,000

LEAP INC

PURPOSE: PROGRAM SUPPORT

$10,000
View Grant Profile

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