Rav-Noy Family Foundation Inc
- Assets
- $1.9m
- Revenue
- $212.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman Oaks, CA
- Founding
- 04/1998
- Data as of
- 09/2023
- EIN
- 95-4663319
Organization Overview
Rav-Noy Family Foundation Inc is located in Sherman Oaks, CA. The organization was established in 1998. 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. Rav-Noy Family 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 09/2023, Rav-Noy Family Foundation Inc generated $212.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $219.9k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rav-Noy Family Foundation Inc has awarded 872 individual grants totaling $3,697,646. 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 |
|---|---|---|---|
Zeev Rav-Noy President And Director | 8 | $0 | |
Varda Rav-Noy Secretary/cfo And Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $189,944 |
| Interest on Savings | $191 |
| Dividends & Interest | $2,300 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,922 |
| Capital Gain Net Income | $19,922 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,357 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,668 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $954 |
| Total operating and administrative expenses | $30,436 |
| Contributions, gifts, grants paid | $189,420 |
| Total expenses and disbursements | $219,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,129 |
| Savings and temporary cash investments | $296,246 |
| 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 | $1,590,005 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,730 |
| Total assets | $1,912,110 |
| 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, Rav-Noy Family Foundation Inc has awarded $189,420 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
BAIS CHANA PURPOSE: RELIGIOUS | $5,000 |
BIKUR CHOLIM OF PALM SPRINGS PURPOSE: RELIGIOUS | $180 |
BOYS TOWN NEBRASKA PURPOSE: RELIGIOUS | $270 |
CENTRAL FUND OF ISRAEL PURPOSE: RELIGIOUS | $500 |
CHABAD ISRAEL CENTER PURPOSE: RELIGIOUS | $414 |
CHABAD OF CAMARILLO PURPOSE: RELIGIOUS | $3,600 |