Rlb Charitable Foundation is located in Sioux Falls, SD. 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. Rlb Charitable 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, Rlb Charitable Foundation generated $541.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.6% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES FUNDS TO OTHER NOT-FOR-PROFIT AND CHARITABLE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marguerite Beidler Secretary/tr | 0 | $0 | |
Reed L Beidler President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $97,263 |
| Dividends & Interest | $322,371 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,329 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $140,220 |
| Total Revenue | $541,525 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $139 |
| Total operating and administrative expenses | $147,553 |
| Contributions, gifts, grants paid | $1,035,091 |
| Total expenses and disbursements | $1,182,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,292 |
| 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 | $1,286,450 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,517,326 |
| 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 | $391 |
| Total liabilities | $391 |
Over the last fiscal year, Rlb Charitable Foundation has awarded $1,035,091 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITABLE GIFT AMERICA PURPOSE: CHARITABLE DONATION | $15,000 |
SMITH COLLEGE PURPOSE: CHARITABLE DONATION | $125,000 |
CHARITABLE GIFT AMERICA PURPOSE: CHARITABLE DONATION | $895,091 |