The Charles J Rich Dora A Rich And Robert A Rich Educational Tr Fund
- Assets
- $1.3m
- Revenue
- $39.6k
- Investments
- $1.3m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 25-6730521
Organization Overview
The Charles J Rich Dora A Rich And Robert A Rich Educational Tr Fund is located in Las Vegas, NV. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles J Rich Dora A Rich And Robert A Rich Educational Tr Fund 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, Charles J Rich Dora A Rich And Robert A Rich Educational Tr Fund generated $39.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $112.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charles J Rich Dora A Rich And Robert A Rich Educational Tr Fund has awarded 12 individual grants totaling $225,002. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,266 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,663 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,603 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,386 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,369 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19 |
| Total operating and administrative expenses | $32,489 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $112,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72 |
| Savings and temporary cash investments | $86,673 |
| 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 | $920,479 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,339,741 |
| 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, The Charles J Rich Dora A Rich And Robert A Rich Educational Tr Fund has awarded $80,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CAROLINE BEN NATHAN CO UNIV OF PENN PURPOSE: SCHOLARSHIP | $40,000 |
ALEXA WEISS CO UNIV OF PENN PURPOSE: SCHOLARSHIP | $40,000 |