Thomas G Aruth Foundation
- Assets
- $734.2k
- Revenue
- $39.9k
- Investments
- $522.6k
- Employees
- 0
- Location
- Sun City West, AZ
- Founding
- 02/1986
- Data as of
- 01/2024
- EIN
- 13-6849876
Organization Overview
Thomas G Aruth Foundation is located in Sun City West, AZ. The organization was established in 1986. 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. Thomas G Aruth 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 01/2024, Thomas G Aruth Foundation generated $39.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $67.3k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Nadler Trustee | 4 | $12,000 | |
Morris Leo Greb Trustee | 4 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,918 |
| Dividends & Interest | $35,184 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,154 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,948 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $76 |
| Taxes | $261 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $260 |
| Total operating and administrative expenses | $27,297 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $67,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,632 |
| Savings and temporary cash investments | $100,000 |
| 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 | $734,235 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $500 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $500 |
Grants Awarded
Over the last fiscal year, Thomas G Aruth Foundation has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHWAY CLASSICAL ACADEMY PURPOSE: UNRESTRICTED | $25,000 |
THE CHURCH OF SAINT ANNE PURPOSE: UNRESTRICTED | $15,000 |