Kistler-Ritso Foundation
- Assets
- $4.3m
- Revenue
- $222.5k
- Investments
- $4.1m
- Employees
- 0
- Location
- Stuart, FL
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 91-1732102
Organization Overview
Kistler-Ritso Foundation is located in Stuart, FL. The organization was established in 1998. 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. Kistler-Ritso 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, Kistler-Ritso Foundation generated $222.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $486.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kistler-Ritso Foundation has awarded 33 individual grants totaling $2,334,466. 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 |
|---|---|---|---|
Name Not Listed Trustee | 8 | $0 | |
Andrew Thompson Trustee | 7 | $0 | |
Michael Keller Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,358 |
| Interest on Savings | $10,927 |
| Dividends & Interest | $95,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,482 |
| Capital Gain Net Income | $95,464 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,643 |
| Total Revenue | $222,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,393 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $32,485 |
| Printing and publications | $0 |
| Other expenses | $12,325 |
| Total operating and administrative expenses | $57,666 |
| Contributions, gifts, grants paid | $428,619 |
| Total expenses and disbursements | $486,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,656 |
| Savings and temporary cash investments | $164,881 |
| 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 | $12,564 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $832,412 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,299,726 |
| 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, Kistler-Ritso Foundation has awarded $428,619 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
KISTLER-RISTO ESTONIAN FOUNDATION PURPOSE: STANFORD TRAVEL PROGRAM | $61,362 |
KISTLER-RISTO ESTONIAN FOUNDATION PURPOSE: GLOBAL CONVERSATIONS PROGRAM | $50,000 |
KISTLER-RISTO ESTONIAN FOUNDATION PURPOSE: NOVA PROJECT, VABAMU | $80,923 |
UNIVERSITY OF TARTU PURPOSE: CREATIVE DESTRUCTION | $229,334 |
PIEDMONT EAST BAY CHILDREN'S CHOIR PURPOSE: OPERATING SUPPORT | $7,000 |