Ravitch-Wolfe Family Foundation
- Assets
- $4.6m
- Revenue
- $242.2k
- Investments
- $4.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-6754663
Organization Overview
Ravitch-Wolfe Family Foundation is located in New York, NY. The organization was established in 2018. 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. Ravitch-Wolfe 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.
Since 2018, Ravitch-Wolfe Family Foundation has awarded 66 individual grants totaling $1,313,000. 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 |
|---|---|---|---|
Joseph Ravitch Trustee | 0.75 | $0 | |
Lisa Wolfe Trustee | 0.75 | $0 | |
Richard Ravitch - Deceased Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $416 |
| Dividends & Interest | $59,643 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,097 |
| Capital Gain Net Income | $136,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $53,046 |
| Total Revenue | $242,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,168 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,747 |
| Total operating and administrative expenses | $36,700 |
| Contributions, gifts, grants paid | $350,000 |
| Total expenses and disbursements | $386,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,299 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $514 |
| 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 | $2,789,027 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,625,801 |
| 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, Ravitch-Wolfe Family Foundation has awarded $350,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ISRAAID (US) GLOBAL HUMANITARIAN ASSISTANCE INC PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |
MAYO CLINIC CONTRIBUTION ACCOUNT PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $15,000 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $20,000 |
NATIONAL PARK FOUNDATION PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
THE BROTHERHOOD SISTER SOL PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $185,000 |
THE NATURE CONSERVANCY PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $35,000 |