Richard L And Charlotte Reynolds Family Foundation Inc
- Assets
- $1.2m
- Revenue
- $71.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 30-0691187
Organization Overview
Richard L And Charlotte Reynolds Family Foundation Inc is located in Norman, OK. The organization was established in 2011. 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. Richard L And Charlotte Reynolds 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 12/2022, Richard L And Charlotte Reynolds Family Foundation Inc generated $71.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $101.3k during the year ending 12/2022. While expenses have increased by 19.0% per year over the past 4 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 2020, Richard L And Charlotte Reynolds Family Foundation Inc has awarded 43 individual grants totaling $257,000. 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 |
|---|---|---|---|
Richard L Reynolds Director | 0 | $0 | |
Charlotte Reynolds Director | 0 | $0 | |
Lee Reynolds Crouch Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $103 |
| Dividends & Interest | $20,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,130 |
| Capital Gain Net Income | $50,130 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,339 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,286 |
| Contributions, gifts, grants paid | $92,000 |
| Total expenses and disbursements | $101,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,179,054 |
| 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 | $1,179,054 |
| 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, Richard L And Charlotte Reynolds Family Foundation Inc has awarded $92,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGES OF NORMAN INC PURPOSE: FOR STUDENT EDUCATIONAL PROGRAMS AND ASSISTANCE | $10,000 |
NORMAN PUBLIC SCHOOL FOUNDATION PURPOSE: FOR EDUCATIONAL PROGRAMS | $10,000 |
TULSA COMMUNITY FOUNDATION PURPOSE: FOR COMMUNITY PROGRAMS | $1,000 |
UNITED WAY OF NORMAN PURPOSE: FOR COMMUNITY PROGRAMS | $1,500 |
FOOD AND SHELTER INC PURPOSE: FOR FOOD AND SHELTER ASSISTANCE PROGRAMS | $10,000 |
NORMAN REGIONAL HOSPITAL FOUNDATION PURPOSE: FOR COMMUNITY PROGRAMS | $5,000 |