Ruesch Family Foundation
- Assets
- $10.3m
- Revenue
- $832.5k
- Investments
- $10.2m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 20-1851598
Organization Overview
Ruesch Family Foundation is located in Detroit, MI. The organization was established in 2005. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Ruesch Family 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, Ruesch Family Foundation generated $832.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $774.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ruesch Family Foundation has awarded 34 individual grants totaling $2,056,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 2 | $5,000 | |
Jeanette Waever Ruesch Chair/president | 3 | $0 | |
Matthew Ruesch Secetary/ Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $321,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $575,601 |
| Capital Gain Net Income | $575,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$64,968 |
| Total Revenue | $832,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $694 |
| Taxes | $7,843 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $79,944 |
| Contributions, gifts, grants paid | $695,000 |
| Total expenses and disbursements | $774,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $178,248 |
| 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 | $371,684 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,342,532 |
| 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, Ruesch Family Foundation has awarded $695,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: SUPPORT OF DAILY OPERATIONS | $275,000 |
Washington, DC PURPOSE: SUPPORT OF DAILY OPERATIONS | $150,000 |
Manhattan Beach, CA PURPOSE: SUPPORT OF DAILY OPERATIONS | $125,000 |
NATIONAL REHABILITATION HOSPITAL PURPOSE: SUPPORT OF DAILY OPERATIONS | $75,000 |
WHITE HOUSE HISTORICAL ASSOCIATION PURPOSE: SUPPORT | $35,000 |
Washington, DC PURPOSE: SUPPORT OF DAILY OPERATIONS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Give Back Foundation Madison, WI | $36,333,568 | $83,771,815 |
Searle Freedom Trust Madison, WI | $105,094,955 | $12,616,372 |
Bradley Impact Fund Inc Milwaukee, WI | $79,584,497 | $81,442,514 |
Tournaments For Charity Dublin, OH | $4,978,426 | $26,375,151 |
Others First Inc Rochester Hills, MI | $4,306,956 | $11,125,375 |
Harrison County Community Foundation Support Organ Inc Corydon, IN | $251,226,152 | $18,808,603 |
The Edward Lowe Foundation Cassopolis, MI | $139,490,354 | $14,349,160 |
Fond Du Lac Area Foundation Fond Du Lac, WI | $72,661,560 | $12,050,578 |
Old National Bank Foundation Inc Evansville, IN | $1,059,679 | $25,162 |
Peyback Foundation Inc Independence, OH | $4,792,942 | $1,855,787 |
Raymond And Marie Goldbach Foundation Inc Marathon, WI | $27,008,832 | $2,753,618 |
S P Fenn No 1 Trust Ua Brooklyn, OH | $28,554,709 | $3,349,823 |