Ross Family Foundation
- Assets
- $3.2m
- Revenue
- $380.1k
- Investments
- $2.5m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 08/1956
- Data as of
- 12/2022
- EIN
- 24-6017499
Organization Overview
Ross Family Foundation is located in Philadelphia, PA. The organization was established in 1956. 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 Family Foundation 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, Ross Family Foundation generated $380.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.6% each year . All expenses for the organization totaled $245.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ross Family Foundation has awarded 313 individual grants totaling $625,752. 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 |
|---|---|---|---|
James A Ross President | 4 | $11,626 | |
Daniel R Ross Secy-Treasurer | 2 | $4,333 | |
Holly R Ross Asst.sec-Treas. | 0.5 | $0 | |
Eric D Ross Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $93,724 |
| Interest on Savings | $1,817 |
| Dividends & Interest | $106,673 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,915 |
| Capital Gain Net Income | $261,738 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $380,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,626 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,472 |
| Total operating and administrative expenses | $40,531 |
| Contributions, gifts, grants paid | $205,193 |
| Total expenses and disbursements | $245,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,000 |
| Savings and temporary cash investments | $775,900 |
| 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 | $3,234,051 |
| 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 | $1,800 |
| Total liabilities | $1,800 |
Grants Awarded
Over the last fiscal year, Ross Family Foundation has awarded $205,193 in support to 100 organizations.
| Grant Recipient | Amount |
|---|---|
ABINGTON COMMUNITY LIBRARY PURPOSE: FOR GENERAL PURPOSES | $1,500 |
ALLIED SERVICES FOUNDATION PURPOSE: FOR GENERAL PURPOSES | $1,400 |
AMERICAN NUMISMATIC ASSN PURPOSE: FOR GENERAL PURPOSES | $1,300 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: FOR GENERAL PURPOSES | $575 |
AMERICAN RED CROSS PURPOSE: FOR GENERAL PURPOSES | $1,000 |
ANTHRACITE HERITAGE MUSEUM PURPOSE: FOR GENERAL PURPOSES | $700 |