Rhinehart Family Foundation Inc
- Assets
- $690.9k
- Revenue
- $299.4k
- Investments
- $678.8k
- Employees
- 0
- Location
- Fallston, MD
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 83-1890542
Organization Overview
Rhinehart Family Foundation Inc is located in Fallston, MD. The organization was established in 2019. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhinehart Family Foundation Inc 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, Rhinehart Family Foundation Inc generated $299.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $41.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane M Rhinehart President | 0.1 | $0 | |
Richard E Rhinehart Vice President | 0 | $0 | |
Richard Rhinehart Jr Director | 0 | $0 | |
Brandon Rhinehart Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $205,391 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,807 |
| Capital Gain Net Income | $73,807 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $299,396 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $166 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,033 |
| Total operating and administrative expenses | $6,199 |
| Contributions, gifts, grants paid | $35,370 |
| Total expenses and disbursements | $41,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,118 |
| 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 | $690,893 |
| 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, Rhinehart Family Foundation Inc has awarded $35,370 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOC PURPOSE: GENERAL CHARITY | $5,000 |
AMERICAN KIDNEY PURPOSE: GENERAL CHARITY | $1,000 |
CATHOLIC CHARITIES OF MD PURPOSE: RELIGIOUS CHARITY | $8,250 |
JOHNS HOPKINS GIFTS PURPOSE: GENERAL CHARITY | $6,500 |
ST JUDE PURPOSE: GENERAL CHARITY | $6,020 |
WPY TUNNEL 2 TOWERS PURPOSE: GENERAL CHARITY | $5,000 |