Rodel Charitable Foundation-Az
- Assets
- $10.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Phoenix, AZ
- Founding
- 06/1999
- Data as of
- 03/2022
- EIN
- 86-0941890
Organization Overview
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 03/2022, Rodel Charitable Foundation-Az employed 4 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 03/2022, Rodel Charitable Foundation-Az generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $2.3m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rodel Charitable Foundation-Az has awarded 35 individual grants totaling $2,859,000. 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
2022
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.
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 |
|---|---|---|---|
Jackie Norton President | Officer | 40 | $225,000 |
Corliss Diazcadena Chief Financial Officer | Officer | 40 | $152,914 |
Donald Budinger Chairman | OfficerTrustee | 5 | $0 |
Susan Budinger Vice Chair | OfficerTrustee | 1 | $0 |
Gregg Tryhus Treasurer | OfficerTrustee | 1 | $0 |
Steven G Seleznow Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arizona Community Foundation Management Fee | 3/30/15 | $120,000 |
Friesens Corporation Program Materials | 3/30/15 | $120,134 |
Financial Statements
| 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 | $334,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $58 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,314,463 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,649,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,558,750 |
| 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. | $342,569 |
| Compensation of current officers, directors, key employees. | $154,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,659 |
| Pension plan accruals and contributions | $21,991 |
| Other employee benefits | $33,145 |
| Payroll taxes | $23,132 |
| Fees for services: Management | $80,042 |
| Fees for services: Legal | $577 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,377 |
| Fees for services: Other | $30,099 |
| Advertising and promotion | $0 |
| Office expenses | $2,428 |
| Information technology | $4,214 |
| Royalties | $0 |
| Occupancy | $92,533 |
| Travel | $3,861 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $631 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $882 |
| All other expenses | $0 |
| Total functional expenses | $2,315,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $212,572 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,609 |
| 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 | $6,365 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,143,879 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,406,424 |
| Accounts payable and accrued expenses | $16,475 |
| 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 | $16,475 |
| Net assets without donor restrictions | $10,389,949 |
| 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 | $10,406,424 |
Grants Awarded
Over the last fiscal year, Rodel Charitable Foundation-Az has awarded $1,527,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Tempe, AZ PURPOSE: FOR RODEL ARIZONA FUTURES SIMULATOR AND WOMEN & PHILANTHROPY | $1,001,000 |
Scottsdale, AZ PURPOSE: FOR THE EXPANSION OF THE SOUTH PHOENIX SCHOOL | $500,000 |
Scottsdale, AZ PURPOSE: GENERAL SUPPORT FOR BIPOLAR RESEARCH | $10,000 |
Phoenix, AZ PURPOSE: GENERAL SUPPORT | $10,000 |
New York, NY PURPOSE: FOR THE "SPONSOR A TEACHER" PROGRAM | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rodel Charitable Foundation-Az has recieved totaling $165,000.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $130,000 |
Community Foundation For Southern Arizona Tucson, AZ PURPOSE: GENERAL SUPPORT | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |
Burton Family Foundation Phoenix, AZ | $142,839,047 | $129,470,588 |
The Reddere Foundation CO Silicon Valley Community Foundation C/O Silicon Valley Community Foundation Mountain View, CA | $1,000 | $363,994 |
California State University Foundation Long Beach, CA | $50,863,822 | $7,787,647 |
Friends Of South Central Losangeles Regional Center For Develop Los Angeles, CA | $80,196,128 | $6,156,555 |
The James B Mcclatchy Foundation Sacramento, CA | $57,491,792 | $3,443,288 |
Sparkjoy Foundation Salt Lake City, UT | $86,245,916 | $12,155,838 |
Bernard A Newcomb Foundation Mountain View, CA | $29 | $26,230 |