The Rmh Foundation
- Assets
- $680.0k
- Revenue
- $27.1k
- Investments
- $659.7k
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 20-3775856
Organization Overview
The Rmh Foundation is located in Pennington, NJ. The organization was established in 2006. 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. Rmh 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 12/2023, Rmh Foundation generated $27.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $34.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Rmh Foundation has awarded 38 individual grants totaling $149,400. 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 |
|---|---|---|---|
Richard Hochhauser President | 1 | $0 | |
Carole Hochhauser Assistant Secretary | 1 | $0 | |
Jonathon Hochhauser Secretary | 1 | $0 | |
Jennifer Ziefert Treasurer | 1 | $0 | |
Jamie Ziefert Investor | 1 | $0 | |
Amy Hochhauser Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,726 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,845 |
| Capital Gain Net Income | $5,845 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $517 |
| Total Revenue | $27,088 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $391 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $5,261 |
| Contributions, gifts, grants paid | $29,000 |
| Total expenses and disbursements | $34,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $520 |
| Savings and temporary cash investments | $19,777 |
| 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 | $659,676 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $679,973 |
| 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 Rmh Foundation has awarded $29,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ADL (ANTI-DEFAMATION LEAGUE) PURPOSE: UNRESTRICTED GENERAL | $10,000 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: UNRESTRICTED GENERAL | $5,000 |
EAST AFRICA CHILDRENS' HOPE INC PURPOSE: UNRESTRICTED GENERAL | $2,000 |
SANDY HOOK PROMISE FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $7,500 |
ECPAT-USA PURPOSE: UNRESTRICTED GENERAL | $2,000 |
BOSTON COMMUNITY PEDIATRICS PURPOSE: UNRESTRICTED GENERAL | $2,500 |