Marvin & Sylvia Rubin Private Family Foundation Inc
- Assets
- $2.3m
- Revenue
- $121.7k
- Investments
- $2.3m
- Employees
- 0
- Location
- Darnestown, MD
- Founding
- 07/2005
- Data as of
- 11/2023
- EIN
- 20-2013694
Organization Overview
Marvin & Sylvia Rubin Private Family Foundation Inc is located in Darnestown, MD. 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. Marvin & Sylvia Rubin Private Family 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 11/2023, Marvin & Sylvia Rubin Private Family Foundation Inc generated $121.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $183.7k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marvin & Sylvia Rubin Private Family Foundation Inc has awarded 118 individual grants totaling $652,780. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST A COOPERATIVE OF 20 WOMEN WEAVERS IN A REMOTE AREA OF MEXICO TO MODIFY THEIR PRODUCTS TO BE MORE SALEABLE AND BRING THEM TO MARKET. THE WOMEN ARE PRIMARILY SINGLE, WIDOWED OR HEAD OF HOUSEHOLDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stella Rubin President, CFO | 14 | $35,000 | |
Steven Alan Goldberg Secretary, Trustee | 0.25 | $0 | |
Phillipine Young Vice President, Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,541 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,178 |
| Capital Gain Net Income | $31,178 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $121,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,873 |
| Interest | $0 |
| Taxes | $1,467 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,196 |
| Printing and publications | $0 |
| Other expenses | $2,875 |
| Total operating and administrative expenses | $89,493 |
| Contributions, gifts, grants paid | $94,250 |
| Total expenses and disbursements | $183,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,574 |
| 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 | $70,629 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,294,354 |
| 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, Marvin & Sylvia Rubin Private Family Foundation Inc has awarded $94,250 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET Y PURPOSE: VOLUNTARY CONTRIBUTION | $10,000 |
ACLU PURPOSE: VOLUNTARY CONTRIBUTION | $2,500 |
AMERICAN CANCER SOCIETY PURPOSE: VOLUNTARY CONTRIBUTION | $2,500 |
BREASTCANCERORG PURPOSE: VOLUNTARY CONTRIBUTION | $2,500 |
DAYS END HORSE RESCUE PURPOSE: VOLUNTARY CONTRIBUTION | $5,000 |
DOCTORS WITHOUT BORDERS PURPOSE: VOLUNTARY CONTRIBUTION | $1,500 |