Roof Family Foundation Inc
- Assets
- $118.0k
- Revenue
- $60.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 27-0287616
Organization Overview
Roof Family Foundation Inc is located in Ann Arbor, MI. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Roof Family Foundation Inc 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 12/2023, Roof Family Foundation Inc generated $60.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $72.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Roof Family Foundation Inc has awarded 41 individual grants totaling $287,000. 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 |
|---|---|---|---|
Donald C Roof Pres/treas/d | 0 | $0 | |
Patricia A Roof Vp/sec./dire | 0 | $0 | |
Annette Huertas Director | 0 | $0 | |
Stacie Maggiora Director | 0 | $0 | |
Kimberly Roof Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $453 |
| Dividends & Interest | $1,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,783 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,189 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $658 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $72,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $118,008 |
| 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 | $118,008 |
| 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, Roof Family Foundation Inc has awarded $72,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ANN ARBOR SYMPHONY ORCHESTRA PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
OUT HOUSE PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
ENCORE THEATER PURPOSE: CHARITABLE CONTRIBUTION | $1,500 |
PEACE NEIGHBORHOOD PURPOSE: CHARITABLE CONTRIBUTION | $15,500 |
PERFORMING ANIMAL WELFARE SOCIETY PURPOSE: CHARITABLE CONTRIBUTION | $3,000 |
THE UNIVERSITY OF MICHIGAN PURPOSE: ROGEL CANCER CENTER | $15,000 |