The Rdm Foundation
- Assets
- $2.6m
- Revenue
- $351.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 11-6472758
Organization Overview
The Rdm Foundation is located in Brooklyn, NY. The organization was established in 1996. According to its NTEE Classification (T31) the organization is classified as: Community 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. Rdm 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, Rdm Foundation generated $351.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $233.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Rdm Foundation has awarded 169 individual grants totaling $1,418,820. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CONTRIBUTIONS TO EDUCATIONAL AND CHARITABLE INSTITUTIONS SEE PART XV FOR DETAILS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $322,896 |
| Interest on Savings | $170 |
| Dividends & Interest | $5,305 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,078 |
| Capital Gain Net Income | $9,078 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,985 |
| Total Revenue | $351,434 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $184 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,228 |
| Total operating and administrative expenses | $8,412 |
| Contributions, gifts, grants paid | $225,280 |
| Total expenses and disbursements | $233,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,261,345 |
| Savings and temporary cash investments | $0 |
| 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 | $374,985 |
| Total assets | $2,636,330 |
| 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, The Rdm Foundation has awarded $225,280 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: TO FURTHER JEWISH EDUCATION. | $77,000 |
FCF GEMACH PURPOSE: TO PROVIDE ALL TYPE OF NECCESITIES IN THE TIME OF NEED | $36,000 |
Teaneck, NJ PURPOSE: TO FURTHER JEWISH EDUCATION. | $18,000 |
Cedarhurst, NY PURPOSE: PROMOTING CHARITABLE ACTIVITIES IN ISRAEL | $18,000 |
Lakewood, NJ PURPOSE: TO PROVIDE SUPPORT TO THE SICK AND NEEDY | $18,000 |
MESAMCHEI LEV PURPOSE: TO FURTHER JEWISH CAUSE. | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Rdm Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Jacob Moses Foundation Bayonne, NJ PURPOSE: GENERAL PURPOSE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Foundation Pittsburgh, PA | $1,354,368,497 | $110,535,351 |
Hartford Foundation For Public Giving Hartford, CT | $1,125,106,021 | $82,935,365 |
Philadelphia Foundation Philadelphia, PA | $669,216,014 | $72,684,648 |
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Community Foundation For Greater New Haven New Haven, CT | $745,279,119 | $58,670,540 |
Jewish Community Foundation Of Greater Metrowest Nj Whippany, NJ | $441,552,124 | $46,022,571 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Fairfield Countys Community Foundation Inc Norwalk, CT | $264,164,706 | $42,534,303 |
Vermont Community Foundation Middlebury, VT | $310,876,312 | $39,275,546 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |