Rodel Foundation
- Assets
- $67.1m
- Revenue
- $12.2m
- Investments
- $66.3m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 86-1015598
Organization Overview
Rodel Foundation is located in Phoenix, AZ. The organization was established in 2002. 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. Rodel 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 12/2021, Rodel Foundation generated $12.2m in total revenue. All expenses for the organization totaled $3.1m during the year ending 12/2021.
Since 2019, Rodel Foundation has awarded 96 individual grants totaling $9,217,769. 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 |
|---|---|---|---|
Donald V Budinger Director And President | 35 | $285,908 | |
William D Budinger Director | 30 | $0 | |
Susan M Budinger Director And Secretary | 35 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $197 |
| Dividends & Interest | $1,685,247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,461,323 |
| Capital Gain Net Income | $10,461,323 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,690 |
| Total Revenue | $12,227,457 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $380,302 |
| Other employee salaries and wages | $57,095 |
| Pension plans, employee benefits | $22,941 |
| Interest | $0 |
| Taxes | $43,989 |
| Depreciation | $778 |
| Occupancy | $32,296 |
| Travel, conferences, and meetings | $22,291 |
| Printing and publications | $0 |
| Other expenses | $23,027 |
| Total operating and administrative expenses | $863,904 |
| Contributions, gifts, grants paid | $2,266,541 |
| Total expenses and disbursements | $3,130,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,605 |
| Savings and temporary cash investments | $788,403 |
| 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 | $15,886,150 |
| Net Land, buildings, and equipment | $236 |
| Other assets | $0 |
| Total assets | $67,060,715 |
| 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 | $6,319 |
| Total liabilities | $6,319 |
Grants Awarded
Over the last fiscal year, Rodel Foundation has awarded $2,598,228 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AHA PURPOSE: COMMUNITY CONCERN | $20,000 |
ASPEN INSTITUTE PURPOSE: EDUCATION | $118,728 |
ASPEN CENTER FOR ENVIRONMENTAL STUDIES PURPOSE: ENVIRONMENT | $20,000 |
ASPEN PUBLIC RADIO PURPOSE: EDUCATION | $2,500 |
COUNCIL ON FOREIGN RELATIONS PURPOSE: COMMUNITY CONCERN | $10,000 |
ECOFLIGHT PURPOSE: ENVIRONMENT | $20,000 |