Ritter Family Foundation Ltd
- Assets
- $299.2k
- Revenue
- $6.8k
- Investments
- $163.5k
- Employees
- 0
- Location
- Central Islip, NY
- Founding
- 09/2019
- Data as of
- 06/2022
- EIN
- 82-1979040
Organization Overview
Ritter Family Foundation Ltd is located in Central Islip, NY. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Ritter Family Foundation Ltd 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 06/2022, Ritter Family Foundation Ltd generated $6.8k in total revenue.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $2,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,541 |
| Capital Gain Net Income | $4,541 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,831 |
| 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 | $50 |
| Total operating and administrative expenses | $50 |
| Contributions, gifts, grants paid | $6,750 |
| Total expenses and disbursements | $6,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,627 |
| 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 | $163,542 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $299,169 |
| 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, Ritter Family Foundation Ltd has awarded $6,750 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: GENERAL. | $1,000 |
SALVATION ARMY PURPOSE: GENERAL | $500 |
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: GENERAL | $500 |
THE INN PURPOSE: GENERAL | $1,000 |
ST LUKES EPISCOPAL CHURCH PURPOSE: GENERAL | $2,500 |
COLD SPRING HARBOR LABORATORY PURPOSE: GENERAL | $1,250 |