Roop Family Foundation Inc
- Assets
- $9.9m
- Revenue
- $1.5m
- Investments
- $9.5m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-5886802
Organization Overview
Roop Family Foundation Inc is located in Lexington, KY. The organization was established in 2007. 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. Roop 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 12/2021, Roop Family Foundation Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.5%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Roop Family Foundation Inc has awarded 37 individual grants totaling $1,182,662. 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 |
|---|---|---|---|
Earl E Roop Jr Director And President | 40 | $263,500 | |
Gerrie Clark Treasurer And Director | 1 | $0 | |
Laury Roop Secretary And Director | 35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $217,858 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,238,950 |
| Capital Gain Net Income | $1,238,950 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,456,808 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $263,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,917 |
| Depreciation | $0 |
| Occupancy | $111,113 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42 |
| Total operating and administrative expenses | $485,778 |
| Contributions, gifts, grants paid | $517,212 |
| Total expenses and disbursements | $1,002,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,919 |
| Savings and temporary cash investments | $432,753 |
| 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 | $9,917,023 |
| 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, Roop Family Foundation Inc has awarded $517,212 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ALICE LLOYD COLLEGE PURPOSE: GENERAL SUPPORT | $100,000 |
KY UNITED METHODIST CHILDREN'S HOME PURPOSE: SUPPORT | $70,000 |
Fort Worth, TX PURPOSE: SUPPORT | $51,000 |
RIVERTREE ACADEMY PURPOSE: SUPPORT | $50,800 |
Keller, TX PURPOSE: GENERAL SUPPORT | $40,000 |
TEEN LIFELINE PURPOSE: GENERAL SUPPORT | $37,004 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
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 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |