Rouse Family Foundation Inc
- Assets
- $149.9k
- Revenue
- $143.8k
- Investments
- $141.2k
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 09/2008
- Data as of
- 12/2023
- EIN
- 20-8796783
Organization Overview
Rouse Family Foundation Inc is located in Lexington, KY. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Rouse 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 12/2023, Rouse Family Foundation Inc generated $143.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $225.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Rouse III President | 0 | $0 | |
Robert W Rouse Vice Preside | 0 | $0 | |
Hunter Kessinger Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $62 |
| Dividends & Interest | $4,559 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,206 |
| Capital Gain Net Income | $139,206 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $143,827 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,011 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,516 |
| Total operating and administrative expenses | $5,377 |
| Contributions, gifts, grants paid | $220,000 |
| Total expenses and disbursements | $225,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,274 |
| Savings and temporary cash investments | $4,444 |
| 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 | $36 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $149,917 |
| 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, Rouse Family Foundation Inc has awarded $684,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF KENTUCKY ATHLETICS ASSOCIATION PURPOSE: GENERAL OPERATING | $16,000 |
NATIONAL CHRISTIAN FOUNDATION KENTUCKY PURPOSE: GENERAL OPERATING | $326,000 |
UNIVERSITY OF KENTUCKY ATHLETICS ASSOCIATION PURPOSE: GENERAL OPERATING | $16,000 |
NATIONAL CHRISTIAN FOUNDATION KENTUCKY PURPOSE: GENERAL OPERATING | $326,000 |