Rivendell Foundation Inc
- Assets
- $3.0m
- Revenue
- $120.9k
- Investments
- $3.0m
- Employees
- 0
- Location
- Hockessin, DE
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 22-3684209
Organization Overview
Rivendell Foundation Inc is located in Hockessin, DE. The organization was established in 2000. 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. Rivendell 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 12/2022, Rivendell Foundation Inc generated $120.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $220.1k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Rivendell Foundation Inc has awarded 204 individual grants totaling $1,433,454. 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 |
|---|---|---|---|
Heather Widlund President | 1 | $0 | |
Wendy Krussman Vice President | 1 | $0 | |
Fritz Krussman Treasurer | 1 | $0 | |
William Eben Widlund Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $75,575 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,277 |
| Capital Gain Net Income | $45,277 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,852 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,688 |
| Total operating and administrative expenses | $18,424 |
| Contributions, gifts, grants paid | $201,700 |
| Total expenses and disbursements | $220,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,492 |
| Savings and temporary cash investments | $0 |
| 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 | $3,027,873 |
| 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, Rivendell Foundation Inc has awarded $201,700 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP POSSIBILITIES PURPOSE: GENERAL OPERATING SUPPORT | $7,000 |
COMMITTEE ON TEMPORARY SHELTER PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
CRAG-VT PURPOSE: GENERAL OPERATING SUPPORT | $4,500 |
CRANE MOUNTAIN VALLEY HORSE RESCUE INC PURPOSE: GENERAL OPERATING SUPPORT | $7,000 |
DIRECT RELIEF PURPOSE: GENERAL OPERATING SUPPORT | $12,000 |
FOOD BANK OF DELAWARE PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |