Raymond J Rafferty Memorial Endowment Tr
- Assets
- $244.9k
- Revenue
- $757.0
- Investments
- $230.4k
- Employees
- 0
- Location
- Rockville Centre, NY
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 81-6636168
Organization Overview
Raymond J Rafferty Memorial Endowment Tr is located in Rockville Centre, NY. The organization was established in 2017. 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. Raymond J Rafferty Memorial Endowment Tr 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 12/2022, Raymond J Rafferty Memorial Endowment Tr generated $757.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.6%) each year. All expenses for the organization totaled $44.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Raymond J Rafferty Memorial Endowment Tr has awarded 20 individual grants totaling $118,089. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,277 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $939 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $15,255 |
| Contributions, gifts, grants paid | $29,571 |
| Total expenses and disbursements | $44,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,516 |
| Savings and temporary cash investments | $0 |
| 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 | $244,917 |
| 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, Raymond J Rafferty Memorial Endowment Tr has awarded $29,571 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITY FUND OF THE DIOCESE OF PROVIDENCE PURPOSE: SUPPORT ONGOING OPERATIONS | $7,857 |
CHURCH OF OUR LADY STAR OF THE SEA BOHER PURPOSE: MAINTENANCE, REPAIR, UPKEEP AND IMPROVEMENT OF CHURCH BUILDING AND CHURCH PROPERTY. | $7,857 |
ST PAUL CHURCH OF EDGEWOOD PURPOSE: MAINTENANCE, REPAIR, UPKEEP AND IMPROVEMENT OF CHURCH BUILDING AND CHURCH PROPERTY | $3,929 |
CHURCH OF THE ASSUMPTION OF THE BLESSED VIRGIN MAR PURPOSE: FEEDING OF THE POOR | $6,000 |
ST PHILLIP CHURCH PURPOSE: MAINTENANCE, REPAIR, UPKEEP AND IMPROVEMENT OF CHUCH BUILDING AND CHURCH PROPERTY. | $3,928 |