Redzinak Family Foundation
- Assets
- $1.0m
- Revenue
- $84.9k
- Investments
- $1.0m
- Employees
- 0
- Location
- Hermitage, PA
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 25-6809508
Organization Overview
Redzinak Family Foundation is located in Hermitage, PA. The organization was established in 2003. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redzinak 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 12/2021, Redzinak Family Foundation generated $84.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $76.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Redzinak Family Foundation has awarded 18 individual grants totaling $321,821. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUST PAYS NET INCOME TO 3 CATHOLIC CHARITIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,282 |
| Capital Gain Net Income | $67,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,923 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,698 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,506 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,878 |
| Contributions, gifts, grants paid | $59,628 |
| Total expenses and disbursements | $76,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,677 |
| 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 | $1,046,113 |
| 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, Redzinak Family Foundation has awarded $59,628 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ERIE CATHOLIC DIOCESE VOCATIONS DEP PURPOSE: AT THE DISCRETION OF THE | $22,878 |
ST COLUMBKILLE CHURCH PURPOSE: AT THE DISCRETION OF THE | $18,375 |
CATHOLIC CHARITIES OF ERIE PURPOSE: AT THE DISCRETION OF THE | $18,375 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Union Inc Princeton, NJ | $13,074,575 | $9,787,161 |
Eretz Hachaim Us Inc Brooklyn, NY | $7,972,379 | $9,030,705 |
Youngstown Area Jewish Foundation Youngstown, OH | $57,003,895 | $4,586,174 |
Sisters Of Charity Foundation Of Cleveland Cleveland, OH | $104,281,419 | $3,700,315 |
Norman E Alexander Family S Foundation Inc New York, NY | $92,718,623 | $22,235,113 |
Strength Of Israel Inc Lawrence, NY | $1,436,056 | $5,202,580 |
Kupas Yom Tov Inc Lakewood, NJ | $35,904 | $3,631,675 |
Norman E Alexander Family M Foundation Inc New York, NY | $80,702,389 | $17,666,816 |
Norman E Alexander Family G Foundation Inc New York, NY | $74,799,909 | $16,778,157 |
Cpps Heritage Mission Fund Dayton, OH | $17,862,945 | $6,205,362 |
Emerging Light Foundation Inc Rockville, MD | $6,271,792 | $71,704 |
Episcopal Charities Of The Diocese Of New York New York, NY | $4,370,956 | $2,900,488 |