Florence Bullock Ragan Family Foundation
- Assets
- $148.1k
- Revenue
- -$17.5k
- Investments
- $132.3k
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 87-0903217
Organization Overview
Florence Bullock Ragan Family Foundation is located in Pennington, NJ. The organization was established in 2002. 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. Florence Bullock Ragan 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.
Since 2018, Florence Bullock Ragan Family Foundation has awarded 67 individual grants totaling $1,132,500. 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 |
|---|---|---|---|
Joann Bullock Losee Director | 2 | $0 | |
Nicolas A Alord Director | 1 | $0 | |
Michael W Stratton Director | 1 | $0 | |
Warren B Stratton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,200 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,731 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$17,531 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,708 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,910 |
| Contributions, gifts, grants paid | $270,500 |
| Total expenses and disbursements | $278,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168 |
| Savings and temporary cash investments | $15,650 |
| 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 | $92,161 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $148,135 |
| 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, Florence Bullock Ragan Family Foundation has awarded $270,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CIRQUE LODGE FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $50,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: UNRESTRICTED GENERAL | $50,000 |
UNIVERSITY OF NORTH CAROLINA-CHAPEL HILL PURPOSE: UNRESTRICTED GENERAL | $2,500 |
CROSSNORE SCHOOL INC PURPOSE: UNRESTRICTED GENERAL | $1,000 |
ROCKY MOUNTAIN ELK FOUNDATION INC PURPOSE: UNRESTRICTED GENERAL | $50,000 |
PRIMARY CHILDRENS' HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $20,000 |