Rittvo Family Foundation
- Assets
- $535.9k
- Revenue
- -$29.2k
- Investments
- $554.4k
- Employees
- 0
- Location
- Basalt, CO
- Founding
- 04/2014
- Data as of
- 12/2023
- EIN
- 27-4075576
Organization Overview
Rittvo Family Foundation is located in Basalt, CO. The organization was established in 2014. 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. Rittvo 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.
Since 2014, Rittvo Family Foundation has awarded 174 individual grants totaling $317,781. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Rittvo President | 0.5 | $0 | |
Lee Rittvo Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,325 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$46,634 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $92 |
| Total Revenue | -$29,217 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $211 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $183 |
| Total operating and administrative expenses | $3,194 |
| Contributions, gifts, grants paid | $23,960 |
| Total expenses and disbursements | $27,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,800 |
| Savings and temporary cash investments | $65,900 |
| 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 | $21,997 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$90,128 |
| Total assets | $535,924 |
| 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, Rittvo Family Foundation has awarded $23,960 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ANSHE SFARD PURPOSE: DONATION | $600 |
ASPEN HOMEESS SHELTER PURPOSE: DONATION | $180 |
ASPEN JEWISH CONGREGATION PURPOSE: DONATION | $4,500 |
BASALT EDUCATION FOUNDATION PURPOSE: DONATION | $2,500 |
CHABAD - NEW ORLEANS PURPOSE: DONATION | $3,600 |
COLE CHABAD PURPOSE: DONATION | $100 |