Bmi-Rupp Foundation
- Assets
- $9.0m
- Revenue
- $491.9k
- Investments
- $9.0m
- Employees
- 0
- Location
- Ridgefield, NJ
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 25-6722363
Organization Overview
Bmi-Rupp Foundation is located in Ridgefield, NJ. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Bmi-Rupp 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, Bmi-Rupp Foundation generated $491.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bmi-Rupp Foundation has awarded 393 individual grants totaling $5,740,207. 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 |
|---|---|---|---|
Christine Rupp Trustee | 7.5 | $110,000 | |
Alois J Rupp Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,042 |
| Dividends & Interest | $269,289 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $175,897 |
| Capital Gain Net Income | $175,897 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31,712 |
| Total Revenue | $491,940 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,000 |
| Other employee salaries and wages | $15,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,336 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,927 |
| Total operating and administrative expenses | $244,648 |
| Contributions, gifts, grants paid | $773,200 |
| Total expenses and disbursements | $1,017,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,644 |
| 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 | $8,996,702 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,026,346 |
| 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, Bmi-Rupp Foundation has awarded $773,200 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
AMEGO INC PURPOSE: GENERAL FUND | $20,000 |
AMERICAN RED CROSS PURPOSE: GENERAL FUND | $1,000 |
ARCHDIOCES OF NEWARK - ANNUAL APPEAL PURPOSE: GENERAL FUND | $15,000 |
CATHOLIC RELIEF SERVICES PURPOSE: GENERAL FUND | $200,000 |
CHARITY NAVIGATOR PURPOSE: GENERAL FUND | $100 |
CHARITY WATCH PURPOSE: GENERAL FUND | $100 |