The information for Ritter Family Foundation is as of the organization's most recent filing in December '21. This organization is located in Ridgefield, CT. It has been in existence for 24 years, following its founding in 1997.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Ritter Family Foundation is a private grantmaking foundation classified under the NTEE code T20, which falls under the major classification of Philanthropy, Voluntarism & Grantmaking Foundations. As a private grantmaking foundation, the organization is a nongovernmental, nonprofit organization that manages funds and programs through its own trustees or directors. The foundation is established to support social, educational, religious, and other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the Ritter Family Foundation is classified under section 3 of the Internal Revenue Code, which encompasses organizations engaged in religious, educational, charitable, scientific, literary, public safety, amateur sports, or prevention of cruelty to children or animals work.
Our dataset includes seven years of grant history for the Ritter Family Foundation. Over the course of these seven years, they have awarded a total of 166 grants, with an average check size of $58,709. On average, they award 24 grants each year. The foundation has awarded grants in various sectors, with the highest number of grants given in the Education sector (18), followed by Health Care (12) and Human Services (11). In terms of geographic distribution, the majority of grants were awarded in Connecticut (142), followed by New York (13), California (5), New Mexico (3), Massachusetts (2), and Tennessee (1).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathryn Ritter Exeuctive Director | 40 | $166,500 | |
Diane Ritter Vice President/secretary | 0 | $0 | |
Bruce Ritter President | 0 | $0 | |
Tom Reynolds Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,915,898 |
Interest on Savings | $11,283 |
Dividends & Interest | $4,156 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$451,661 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $2,479,676 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $166,500 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $7,943 |
Interest | $0 |
Taxes | $16,982 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $497 |
Printing and publications | $0 |
Other expenses | $33,034 |
Total operating and administrative expenses | $283,139 |
Contributions, gifts, grants paid | $1,584,071 |
Total expenses and disbursements | $1,867,210 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,685,163 |
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 | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $8,106,133 |
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 |
Over the last fiscal year, Ritter Family Foundation has awarded $1,584,071 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
ODYSSEY FAMILY EXECUTIVE CENTER PURPOSE: DONATION | $150,000 |
NORWALK ACTS PURPOSE: DONATIONS | $110,000 |
MIDFAIRFIELD CHILD GUIDANCE PURPOSE: DONATION | $108,571 |
CT RISE NETWORK PURPOSE: DONATION | $100,000 |
Norwalk, CT PURPOSE: DONATION | $100,000 |
NURSE-FAMILY PARTNERSHIP - CHILD FIRST PURPOSE: DONATION | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |