Paula And Rodger Riney Foundation
- Assets
- $104.9m
- Revenue
- $17.5m
- Investments
- $96.2m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-3268996
Organization Overview
Paula And Rodger Riney Foundation is located in St Louis, MO. The organization was established in 2019. 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. Paula And Rodger Riney 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 12/2022, Paula And Rodger Riney Foundation generated $17.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.4% each year . All expenses for the organization totaled $31.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Paula And Rodger Riney Foundation has awarded 36 individual grants totaling $62,285,623. 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 |
|---|---|---|---|
Rodger O Riney Trustee/advisory Committee | 2 | $0 | |
Paula C Riney Trustee/advisory Committee | 2 | $0 | |
Bobby W Sandage Jr PHD Managing Director | 40 | $180,295 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,317,013 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,309,695 |
| Capital Gain Net Income | $15,309,695 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$148,839 |
| Total Revenue | $17,477,869 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $180,295 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $22,801 |
| Interest | $0 |
| Taxes | $215,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,639 |
| Printing and publications | $0 |
| Other expenses | $260 |
| Total operating and administrative expenses | $506,308 |
| Contributions, gifts, grants paid | $30,653,596 |
| Total expenses and disbursements | $31,159,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,395,188 |
| 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 | $47,794,504 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,252,861 |
| Total assets | $104,854,360 |
| 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, Paula And Rodger Riney Foundation has awarded $30,653,596 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DANA FARBER CANCER INSTITUTE PURPOSE: ADVANCE TREATMENT, CURE AND PREVENTION OF CANCER AND RELATED DISEASES | $16,000,000 |
AMERICAN FRIENDS OF UHN PURPOSE: ADVANCE TREATMENT, CURE AND PREVENTION OF CANCER AND RELATED DISEASES | $3,481,965 |
INTERNATIONAL MYELOMA SOCIETY PURPOSE: ADVANCE TREATMENT, CURE AND PREVENTION OF CANCER AND RELATED DISEASES | $3,243,663 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: ADVANCE TREATMENT, CURE AND PREVENTION OF CANCER AND RELATED DISEASES | $2,813,974 |
PURDUE UNIVERSITY PURPOSE: ADVANCE TREATMENT, CURE AND PREVENTION OF CANCER AND RELATED DISEASES | $2,131,435 |
THE MEDICAL COLLEGE OF WISCONSIN PURPOSE: ADVANCE TREATMENT, CURE AND PREVENTION OF CANCER AND RELATED DISEASES | $2,982,559 |