Ramsay Family Foundation is located in Wilmington, DE. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ramsay Family 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, Ramsay Family Foundation generated $278.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $38.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Hubler Treas | 1 | $0 | |
Cathy Ramsay Dir, Sec | 1 | $0 | |
Edward L Ramsay Dir, Pres | 1 | $0 | |
Kenneth Scott Ramsay VP | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $224,467 |
| Interest on Savings | $280 |
| Dividends & Interest | $29,851 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,736 |
| Capital Gain Net Income | $20,280 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,365 |
| Total Revenue | $278,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,557 |
| Total operating and administrative expenses | $13,172 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $38,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,046 |
| 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 | $0 |
| Total assets | $1,153,430 |
| 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 |
Over the last fiscal year, Ramsay Family Foundation has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TARPAN HORSE CONSERVATION PROGRAM PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
TAXPAYER FOUNDATION OF OREGON PURPOSE: GENERAL & UNRESTRICTED | $20,000 |