Milton & Margie Ruben Charitable Foundation
- Assets
- $919.5k
- Revenue
- $725.8k
- Investments
- $904.0k
- Employees
- 0
- Location
- Augusta, GA
- Founding
- 02/2010
- Data as of
- 12/2022
- EIN
- 26-2569721
Organization Overview
Milton & Margie Ruben Charitable Foundation is located in Augusta, GA. The organization was established in 2010. 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. Milton & Margie Ruben Charitable 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, Milton & Margie Ruben Charitable Foundation generated $725.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.4% each year . All expenses for the organization totaled $38.5k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Milton & Margie Ruben Charitable Foundation has awarded 100 individual grants totaling $279,168. 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 |
|---|---|---|---|
Milton Ruben Trustee | 0 | $0 | |
Amy Bernstein Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $690,629 |
| Capital Gain Net Income | $690,629 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $725,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,623 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $169 |
| Total operating and administrative expenses | $4,682 |
| Contributions, gifts, grants paid | $33,852 |
| Total expenses and disbursements | $38,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,484 |
| Savings and temporary cash investments | $0 |
| 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 | $919,533 |
| 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, Milton & Margie Ruben Charitable Foundation has awarded $33,852 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ADAS YESHURUN PURPOSE: RELIGIOUS | $300 |
AUGUSTA JEWISH FEDERATION PURPOSE: RELIGIOUS | $7,350 |
AUGUSTA SYMPHONY PURPOSE: COMMUNITY SUPPORT | $2,218 |
HIGHLANDS CASHIERS CHAMBER MUSIC FESTIVAL PURPOSE: COMMUNITY SUPPORT | $2,734 |
FOUNDATION FOR JEWISH CAMPS PURPOSE: RELIGIOUS | $2,000 |
HIGHLANDS PERFORMING ARTS CENTER PURPOSE: COMMUNITY SUPPORT | $2,000 |