R&c Donovan Family Foundation Inc
- Assets
- $3.1m
- Revenue
- $235.9k
- Investments
- $2.5m
- Employees
- 0
- Location
- Brookside, NJ
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 22-3844249
Organization Overview
R&c Donovan Family Foundation Inc is located in Brookside, NJ. The organization was established in 2001. 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. R&c Donovan 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, R&c Donovan Family Foundation Inc generated $235.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $256.7k during the year ending 12/2023. While expenses have increased by 5.3% 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 2017, R&c Donovan Family Foundation Inc has awarded 74 individual grants totaling $1,105,528. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Donovan Secretary | 2 | $0 | |
Kenneth M Donovan Treasurer | 2 | $0 | |
Mary Ellen Stewart Vice President | 0 | $0 | |
Keith Donovan President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $103,749 |
| Interest on Savings | $0 |
| Dividends & Interest | $79,238 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,941 |
| Capital Gain Net Income | $52,941 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $235,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,631 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,330 |
| Total operating and administrative expenses | $73,704 |
| Contributions, gifts, grants paid | $183,000 |
| Total expenses and disbursements | $256,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $546,450 |
| 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 | $3,077,437 |
| 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, R&c Donovan Family Foundation Inc has awarded $183,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NEW JERSEY GOLF FOUNDATION PURPOSE: PROGRAM SUPPORT | $58,000 |
SHRINE OF ST JOSEPH PURPOSE: PROGRAM SUPPORT | $25,000 |
SISTER SERVANTS OF JESUS PURPOSE: PROGRAM SUPPORT | $50,000 |
CHILD NEUROLOGY FOUNDATION PURPOSE: PROGRAM SUPPORT | $5,000 |
TRI-COUNTY SCHOLARSHIP FUND PURPOSE: PROGRAM SUPPORT | $45,000 |