Ritton Family Foundation
- Assets
- $1.6m
- Revenue
- $347.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, OH
- Founding
- Data as of
- 12/2023
- EIN
- 86-1586689
Organization Overview
Ritton Family Foundation is located in Marietta, OH. 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. Ritton Family 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, Ritton Family Foundation generated $347.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.1%) each year.
Since 2021, Ritton Family Foundation has awarded 247 individual grants totaling $634,097. 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 |
|---|---|---|---|
Milo C Ritton President/director | 0 | $0 | |
Robert J Monahan Vp/secretary/director | 0 | $0 | |
Nichole Evans Vp/treasurer/director | 0 | $0 | |
Brian Waugh Vp/director | 0 | $0 | |
Daniel Ritton Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $347,089 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $347,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $465 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,119 |
| Total operating and administrative expenses | $36,190 |
| Contributions, gifts, grants paid | $361,847 |
| Total expenses and disbursements | $398,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,426 |
| 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 | $1,200,043 |
| Other assets | $0 |
| Total assets | $1,643,469 |
| Accounts payable and accrued expenses | $2,162 |
| 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 | $2,162 |
Grants Awarded
Over the last fiscal year, Ritton Family Foundation has awarded $361,847 in support to 125 organizations.
| Grant Recipient | Amount |
|---|---|
486 HAMILTON ADDITION ROAD PURPOSE: JADA STANDARD | $1,000 |
ALUMNI FOR THE FUTURE PURPOSE: EMILY BETH BROWNING | $5,000 |
AUGUSTA UNIV PURPOSE: MARIAH CONWAY | $1,000 |
BOYS AND GIRLS CLUB WASHINGTON COUNTY PURPOSE: MARIAH LYNN CONWAY | $20,000 |
BRIDGE VALLEY COMMUNITY AND TECHNICAL COLLEGE PURPOSE: ERIC KAPP | $1,000 |
BUTLER COUNTY AIRPORT - FUTURE OF FLIGHT PURPOSE: JACOB MICHAEL TALKINGTON | $10,000 |