Ross Foundation
- Assets
- $1.0m
- Revenue
- -$5.9k
- Investments
- $944.1k
- Employees
- 0
- Location
- Freehold, NJ
- Founding
- 04/1955
- Data as of
- 12/2022
- EIN
- 22-6058004
Organization Overview
Ross Foundation is located in Freehold, NJ. The organization was established in 1955. 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. Ross Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Ross Foundation has awarded 59 individual grants totaling $239,000. 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 |
|---|---|---|---|
Michael K Rutter ESQ Director | 2 | $0 | |
Mark S Stevens ESQ Director | 0.25 | $0 | |
John Webster Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,323 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,227 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$5,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,225 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,033 |
| Total operating and administrative expenses | $31,223 |
| Contributions, gifts, grants paid | $77,000 |
| Total expenses and disbursements | $108,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,056 |
| Savings and temporary cash investments | $80,336 |
| 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 | $944,092 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,046,484 |
| 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, Ross Foundation has awarded $77,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
THE ALS ASSOCIATION PURPOSE: MEDICAL RESEARCH, PATIENT AND COMMUNITY SERVICES | $3,000 |
ARTHRITIS FOUNDATION NEW JERSEY CHA PURPOSE: MEDICAL RESEARCH AND PATIENT SERVICES | $2,000 |
COLEBROOK CONGREGATIONAL CHURCH PURPOSE: RELIGIOUS CONTRIBUTION | $5,000 |
ELIJAHS PROMISE PURPOSE: COMMUNITY | $5,000 |
GRACE PRESBYTERIAN CHURCH PURPOSE: RELIGIOUS | $4,000 |
LEGAL SERVICES OF NEW JERSEY PURPOSE: COMMUNITY | $5,000 |