Rifkin Foundation
- Assets
- $12.5m
- Revenue
- $843.2k
- Investments
- $29.8k
- Employees
- 0
- Location
- Denver, CO
- Founding
- 03/1990
- Data as of
- 12/2023
- EIN
- 74-2557691
Organization Overview
Rifkin Foundation is located in Denver, CO. The organization was established in 1990. 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. Rifkin Foundation 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 12/2023, Rifkin Foundation generated $843.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monroe M Rifkin President | 0 | $0 | |
Rella S Rifkin Vice President | 0 | $0 | |
Stuart G Rifkin Secretary | 0 | $0 | |
Bruce A Rifkin Vice President | 0 | $0 | |
Ruth Rifkin Bennis Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $365,463 |
| Dividends & Interest | $568,234 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,238 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $19,705 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$83,230 |
| Total Revenue | $843,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $50,639 |
| Taxes | $18,834 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55,663 |
| Total operating and administrative expenses | $131,511 |
| Contributions, gifts, grants paid | $1,104,082 |
| Total expenses and disbursements | $1,235,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $155,591 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,280,048 |
| Total assets | $12,465,461 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rifkin Foundation has awarded $734,118 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE E-FILER ATTACHMENT PURPOSE: UNRESTRICTED GENERAL PURPOSE OF THE GRANTEE | $235,648 |
DENVER ART MUSEUM PURPOSE: CONTRIBUTION WAS IN PLEDGE TO THE VISION 2021 CAPITAL CAMPAIGN, A PROJECT TO REINVIGORATE THE NORTH BUILDING OF THE MUSEUM. | $498,470 |