Abraham W Rizika Foundation

Organization Overview

Abraham W Rizika Foundation is located in Chestnut Hill, MA. The organization was established in 1964. 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. Abraham W Rizika 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 12/2021, Abraham W Rizika Foundation generated $73.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $110.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Abraham W Rizika Foundation has awarded 93 individual grants totaling $232,835. 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)Compensation
Adam Rizika
Trustee
$0
Marne L Rizika
Trustee
$0
Robert Rizika
Trustee
$0
Catherine Keith
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $11,507
Interest on Savings $0
Dividends & Interest $34,942
Net Rental Income$0
Net Gain on Sale of Assets $27,087
Capital Gain Net Income $27,087
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $73,536

Grants Awarded

Over the last fiscal year, Abraham W Rizika Foundation has awarded $94,052 in support to 35 organizations.

Grant RecipientAmount

TEMPLE BETH AVODAH

PURPOSE: UNRESTRICTED

$14,732

MIT SAILING

PURPOSE: UNRESTRICTED

$12,500

INNOVATION FUND

PURPOSE: UNRESTRICTED

$12,000

ALLIANCE FOR CITIZEN ENGAGEMENT

PURPOSE: UNRESTRICTED

$12,000

JEWISH NATIONAL FUND

PURPOSE: UNRESTRICTED

$9,314

CAMBRIDGEPORT NEIGHBORHOOD ASSOCIATION

Org PageRecipient Profile

Cambridge, MA

PURPOSE: UNRESTRICTED

$5,000
View Grant Profile

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