Rodel Charitable Foundation-Az is located in Phoenix, AZ. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2024, Rodel Charitable Foundation-Az employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rodel Charitable Foundation-Az 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 03/2024, Rodel Charitable Foundation-Az generated $7.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (42.6%) each year. All expenses for the organization totaled $1.9m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rodel Charitable Foundation-Az has awarded 33 individual grants totaling $10,203,125. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS ARIZONA COMMUNITY FOUNDATION, INC. REMAINS A QUALIFIED ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLABORATING WITH OTHER FOUNDATIONS AND ORGANIZATIONS TO MAXIMIZE THE REACH AND EFFECTIVENESS OF INITIATIVES DESIGNED TO IMPROVE STUDENT ACHIEVEMENT ESPECIALLY IN HIGH-NEED SCHOOLS IN SUPPORT OF THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, INC.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| William Budinger Director (thru 03/24) | Trustee | 1 | $0 | 
| Kimbery Kur Director | Trustee | 1 | $0 | 
| Joan Lowell Director (thru 03/24) | Trustee | 1 | $0 | 
| Lisa Budinger Director (thru 03/24) | Trustee | 1 | $0 | 
| James Swanson Director (thru 03/24) | Trustee | 1 | $0 | 
| Louis Weil III Director (thru 03/24) | Trustee | 1 | $0 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Friesens Corporation Program Materials | 3/30/15 | $120,134 | 
| Arizona Community Foundation Management Fee | 3/30/15 | $120,000 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $0 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Investment income | $6,977 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $32 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $98 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $7,107 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,941,949 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $0 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | -$572 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $6,084 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $0 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $601 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $0 | 
| Office expenses | $0 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $0 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $0 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $0 | 
| All other expenses | -$500 | 
| Total functional expenses | $1,947,562 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $0 | 
| Accounts payable and accrued expenses | $0 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $0 | 
| Net assets without donor restrictions | $0 | 
| Net assets with donor restrictions | $0 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $0 | 
| Total liabilities and net assets/fund balances | $0 | 
Over the last fiscal year, Rodel Charitable Foundation-Az has awarded $7,384,125 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
| SCHWAB CHARITABLE FUND PURPOSE: DESIGNATED SUPPORT FOR THE BUDINGER DONOR ADVISED FUND | $7,374,125 | 
| ARIZONA HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $10,000 |