Rada Family Foundation
- Assets
- $1.0m
- Revenue
- $81.0k
- Investments
- $859.6k
- Employees
- 0
- Location
- Denver, CO
- Founding
- Data as of
- 12/2023
- EIN
- 83-2888275
Organization Overview
Rada Family Foundation is located in Denver, CO. 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. Rada 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, Rada Family Foundation generated $81.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $63.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rada Family Foundation has awarded 15 individual grants totaling $195,560. 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 |
|---|---|---|---|
Hansen P Rada President/treasurer | 1 | $0 | |
Bonnie R Rada Vice-President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $123 |
| Dividends & Interest | $12,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $68,614 |
| Total Revenue | $81,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,809 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $63,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $162,877 |
| 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 | $654,575 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,022,466 |
| 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, Rada Family Foundation has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER COUNTRY DAY SCHOOL PURPOSE: CAPITAL CAMPAIGN - BUILDING AND PROGRAMS | $50,000 |
BOULDER COUNTRY DAY SCHOOL PURPOSE: OPERATING SUPPORT - BCD FUND | $10,000 |