Riley Family Foundation
- Assets
- $105.6m
- Revenue
- $18.2m
- Investments
- $105.5m
- Employees
- 0
- Location
- Valley Forge, PA
- Founding
- 09/2018
- Data as of
- 12/2023
- EIN
- 82-3802429
Organization Overview
Riley Family Foundation is located in Valley Forge, PA. The organization was established in 2018. 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. Riley 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, Riley Family Foundation generated $18.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $4.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Riley Family Foundation has awarded 64 individual grants totaling $7,634,838. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Riley Vice President | 1 | $0 | |
Barbara Riley President | 1 | $0 | |
Brian Riley Treasurer | 1 | $0 | |
Brian Riley Director | 1 | $0 | |
Barbara Riley Secretary | 1 | $0 | |
Barbara Riley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,952 |
| Dividends & Interest | $6,045,919 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,185,001 |
| Capital Gain Net Income | $12,185,001 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,241,872 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $288 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,067 |
| Total operating and administrative expenses | $321,835 |
| Contributions, gifts, grants paid | $3,957,024 |
| Total expenses and disbursements | $4,278,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,760 |
| Savings and temporary cash investments | $12,558 |
| 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 | $104,538,866 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $105,583,184 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Riley Family Foundation has awarded $3,957,024 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AMIGOS DE JESUS PURPOSE: ASSISTANCE TO AN ORPHANAGE | $32,000 |
ST PATRICK CATHOLIC CHURCH PURPOSE: ASSISTANCE TO A CATHOLIC PARISH IN THE ARCHDIOCESE OF PHILADELPHIA, PA | $9,600 |
ST AGNES DAY ROOM PURPOSE: ASSISTANCE TO A CATHOLIC SOCIAL SERVICES ORGANIZATION | $33,914 |
ACADEMY OF NOTRE DAME DE NAMUR PURPOSE: ASSISTANCE TO A PRIVATE, CATHOLIC EDUCATIONAL INSTITUTION | $17,500 |
THE AUGUSTINIAN ORDER PURPOSE: SUPPORT OF A RELIGIOUS ORDER OF CATHOLIC PRIESTS. | $1,212,250 |
CATHOLIC SOCIAL SERVICES PURPOSE: ASSISTANCE TO A CATHOLIC SOCIAL SERVICES ORGANIZATION | $572,000 |