The Ray L Parr Beneficial Fund Inc
- Assets
- $341.8k
- Revenue
- $12.0k
- Investments
- $271.4k
- Employees
- 0
- Location
- Rocky Ford, CO
- Founding
- 09/2003
- Data as of
- 12/2023
- EIN
- 30-0192690
Organization Overview
The Ray L Parr Beneficial Fund Inc is located in Rocky Ford, CO. The organization was established in 2003. 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. Ray L Parr Beneficial Fund 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, Ray L Parr Beneficial Fund Inc generated $12.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $10.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ray L Parr Beneficial Fund Inc has awarded 20 individual grants totaling $166,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Moreland Treasurer | 0 | $0 | |
Wes Roscover Board Member | 0 | $0 | |
David Mendenhall President | 0 | $0 | |
Bill Hancock Secretary | 0 | $0 | |
George Hanzas Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,708 |
| Dividends & Interest | $3,513 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,646 |
| Capital Gain Net Income | $2,646 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,170 |
| Total Revenue | $12,037 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $114 |
| Total operating and administrative expenses | $539 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $10,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,400 |
| 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 | $341,794 |
| 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 Ray L Parr Beneficial Fund Inc has awarded $34,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ROCKY FORD SCHOOL DISTRICT PURPOSE: EDUCATIONAL ENRICHMENT PROGRAM | $15,000 |
ROCKY FORD SCHOOL DISTRICT PURPOSE: EDUCATIONAL ENRICHMENT GRANT | $15,000 |
OTERO JR COLLEGE PURPOSE: SCHOLARSHIP FOR FRESHMAN ENROLLMENT | $4,000 |