Ritz Family Foundation
- Assets
- $0.0
- Revenue
- $124.9k
- Investments
- $895.3k
- Employees
- 0
- Location
- Tualatin, OR
- Founding
- 07/1999
- Data as of
- 06/2021
- EIN
- 93-1248019
Organization Overview
Ritz Family Foundation is located in Tualatin, OR. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ritz 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 06/2021, Ritz Family Foundation generated $124.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $88.4k during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ritz Family Foundation has awarded 66 individual grants totaling $491,083. 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 |
|---|---|---|---|
Henry P Ritz President | 4 | $0 | |
Kelly L Ritz Director | 1 | $0 | |
Trudy E Ritz Director | 1 | $0 | |
Eric P Ritz Secretary | 1 | $0 | |
Kimber Lee Ritz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,030 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,300 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,645 |
| Total Revenue | $124,876 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $8,629 |
| Contributions, gifts, grants paid | $79,750 |
| Total expenses and disbursements | $88,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ritz Family Foundation has awarded $79,750 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL INHERITANCE INC PURPOSE: FINANCIAL SUPPORT FOR GENERAL OPERATING EXPENSES | $15,000 |
Beaverton, OR PURPOSE: FINANCIAL SUPPORT FOR OUTREACH AND SUPPORT OF LOCAL HOMELESS YOUTH | $12,000 |
WORLD OREGON PURPOSE: FINANCIAL SUPPORT FOR WORLDOREGON'S GLOBAL CLASSROOM PROGRAM | $10,000 |
Portland, OR PURPOSE: FINANCIAL SUPPORT OF MUSEUM | $10,000 |
NETARTS OCEANSIDE RURAL FIRE DISTRI PURPOSE: TO FINANCE THE PURCHASE OF 9 SETS OF FIRE SUITS FOR VOLUNTEER FIRE FIGHTERS | $6,750 |
HOME BUILDERS FOUNDATION PURPOSE: FINANCIAL SUPPORT FOR GENERAL OPERATING EXPENSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |
Aim High For High School San Francisco, CA | $16,769,829 | $8,542,802 |
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
Monarch School Project San Diego, CA | $10,858,774 | $7,145,400 |