Rfc Foundation
- Assets
- $296.5k
- Revenue
- $449.7k
- Investments
- $129.9k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-4237030
Organization Overview
Rfc Foundation is located in Los Angeles, CA. 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. Rfc 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 12/2022, Rfc Foundation generated $449.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.0% each year .
Since 2021, Rfc Foundation has awarded 13 individual grants totaling $194,295. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL DISTRIBUTIONS ARE MADE SOLELY TO EXEMPT CHARITABLE ORGANIZATIONSAND INSTITUTIONS THAT QUALIFY FOR EXEMPTION EXCLUSIVELY UNDER SECTION501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE.
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 |
|---|---|---|---|
Erwin Roz CEO | 0 | $0 | |
Mindy Roz CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $256,675 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $191,866 |
| Capital Gain Net Income | $191,866 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $449,710 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,696 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $3,941 |
| Contributions, gifts, grants paid | $137,500 |
| Total expenses and disbursements | $141,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,572 |
| 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 | $296,502 |
| 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, Rfc Foundation has awarded $137,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MBY CHARITY AND EDUCATION FUND INC PURPOSE: CHARITABLE CONTRIBUTION | $13,500 |
SMALL DONATIONS TO VARIOUS 501C3 CL PURPOSE: CHARITABLE CONTRIBUTION | $19,500 |
CONG TZEMACH TZADEK VIZNITZ PURPOSE: CHARITABLE DONATION | $75,000 |
VALLEY TORAH HIGH SCHOOL PURPOSE: CHARITABLE DONATION | $8,500 |
YESHIVA BETH MOSHE SCHOOL PURPOSE: CHARITABLE DONATION | $5,000 |
MACHON MAGGID HARAKIAH PURPOSE: CHARITABLE DONATION | $11,000 |