The Len-Ari Foundation Inc
- Assets
- $16.9m
- Revenue
- $2.6m
- Investments
- $16.1m
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 20-1317221
Organization Overview
The Len-Ari Foundation Inc is located in Fort Wayne, IN. The organization was established in 2005. 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. Len-Ari 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 12/2021, Len-Ari Foundation Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Len-Ari Foundation Inc has awarded 79 individual grants totaling $1,827,072. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Rifkin Dir/chair | 1 | $0 | |
Ariela Rifkin Pres/sec | 1 | $0 | |
Jennifer L Wilson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $362,157 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,190,206 |
| Capital Gain Net Income | $2,179,312 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,552,363 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,431 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22 |
| Total operating and administrative expenses | $181,638 |
| Contributions, gifts, grants paid | $938,640 |
| Total expenses and disbursements | $1,120,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $827,070 |
| 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 | $1,496,285 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,891,193 |
| 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 Len-Ari Foundation Inc has awarded $938,640 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Cedarhurst, NY PURPOSE: MEGEMERIA SOCIAL BUSINESS AND SCHOOL | $150,000 |
West Palm Beach, FL PURPOSE: OPERATING SUPPORT | $115,000 |
Jackson, WY PURPOSE: ANNUAL FUND | $102,000 |
Moose, WY PURPOSE: OPERATING SUPPORT | $55,000 |
Palm Beach, FL PURPOSE: OPERATING SUPPORT | $50,000 |
Jackson, WY PURPOSE: ANNUAL FUND | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |
Colonel Il James N Pritzker Charitable Distribution Fund Chicago, IL | $104,212,573 | $19,788,937 |