Rockhold Family Foundation Inc
- Assets
- $10.4m
- Revenue
- $1.6m
- Investments
- $10.2m
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 10/1977
- Data as of
- 04/2023
- EIN
- 72-0806577
Organization Overview
Rockhold Family Foundation Inc is located in Baton Rouge, LA. The organization was established in 1977. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockhold Family 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 04/2023, Rockhold Family Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $559.2k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rockhold Family Foundation Inc has awarded 107 individual grants totaling $2,059,222. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lacey Ordeneaux Director | 1 | $0 | |
Sharon Holder Director | 2 | $0 | |
Caroline Messenger Director | 1 | $0 | |
Carolyn Pittman Director | 2 | $0 | |
Susan Jeansonne Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400 |
| Interest on Savings | $0 |
| Dividends & Interest | $240,521 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,185,842 |
| Capital Gain Net Income | $1,186,979 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $182,638 |
| Total Revenue | $1,609,401 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $82,390 |
| Total operating and administrative expenses | $91,040 |
| Contributions, gifts, grants paid | $468,150 |
| Total expenses and disbursements | $559,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,283 |
| Savings and temporary cash investments | $127,473 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,228,608 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,373,364 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,655 |
| Total liabilities | $9,655 |
Grants Awarded
Over the last fiscal year, Rockhold Family Foundation Inc has awarded $468,150 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
BRAVE HEART PURPOSE: UNRESTRICTED | $900 |
OLOL FOUNDATION PURPOSE: UNRESTRICTED | $100,000 |
BATON ROUGE MAGNET HS PURPOSE: UNRESTRICTED | $2,500 |
GREATER BATON ROUGE FOOD BANK PURPOSE: UNRESTRICTED | $500 |
ADULT LITERACY ADVOCATES OF GREATER PURPOSE: UNRESTRICTED | $12,000 |
LINE 4 LINE PURPOSE: UNRESTRICTED | $10,000 |