Ralph Foundation Inc is located in Naples, FL. 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. Ralph Foundation Inc 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, Ralph Foundation Inc generated $524.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (62.6%) each year. All expenses for the organization totaled $269.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott E Woodard Executive Director | 0 | $0 | |
Paul Woodard Director | 0 | $0 | |
Daniel Brandt Director | 0 | $1,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,695 |
| Dividends & Interest | $265,661 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $247,803 |
| Capital Gain Net Income | $247,803 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $524,159 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,760 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,047 |
| Printing and publications | $0 |
| Other expenses | $10,040 |
| Total operating and administrative expenses | $119,176 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $269,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,768 |
| 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 | $90 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,025,456 |
| Accounts payable and accrued expenses | $90 |
| 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 | $90 |
Over the last fiscal year, Ralph Foundation Inc has awarded $150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TULSA COMMUNITY FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSE | $100,000 |
UKRAINE TRUSTCHAIN PURPOSE: GENERAL CHARITABLE PURPOSE | $50,000 |