Mary Rutan Foundation
- Assets
- $7.1m
- Revenue
- $778.3k
- Investments
- $6.0m
- Employees
- 0
- Location
- Bellefontaine, OH
- Founding
- 01/1984
- Data as of
- 12/2022
- EIN
- 34-1407262
Organization Overview
Mary Rutan Foundation is located in Bellefontaine, OH. The organization was established in 1984. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Mary Rutan 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, Mary Rutan Foundation generated $778.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $255.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mary Rutan Foundation has awarded 49 individual grants totaling $458,267. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE PHILANTHROPIC RELATIONSHIPS TO SUPPORT PATIENT CARE SERVICES, MEDICAL SCHOLARSHIPS, MEDICAL EQUIPMENT, AND CAPITAL DEVELOPMENT WHILE PROMOTING HEALTH AND WELLNESS THROUGH EDUCATIONAL PROGRAMS AND SERVICES TO THE COMMUNITIES IN WHICH WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY HEALTH WELLNESS GRANT PROGRAM-TO SUPPORT VARIOUS COMMUNITY HEALTH AND WELLNESS PROGRAMS.
CHAIRTY CARE PROVIDED FOR INDIGENT PATIENT ACCOUNTS - 1 RECIPIENTS
40 SCHOLARSHIPS WERE AWARDED TO BE USED FOR HEALTHCARE RELATED STUDIES.
TO SUPPORT THE ORGANIZATION'S MISSION TO CREATE PHILANTHROPIC RELATIONSHIPS TO SUPPORT PATIENT CARE SERVICES, MEDICAL EQUIPMENT, AND CAPITAL DEVELOPMENT WHILE PROMOTING HEALTH AND WELLNESS THROUGH EDUCATIONAL PROGRAMS AND SERVICES TO THE COMMUNITY IN WHICH WE SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Ross President | Officer | 0.5 | $0 |
Steven Brown Vice President/cfo | Officer | 0.5 | $0 |
Tamara Allison COO | Officer | 10 | $0 |
Tamara Gump COO (logan View Inc.) | Officer | 0 | $0 |
Joan Haushalter Chair | OfficerTrustee | 0.75 | $0 |
Sara Stahler Board Vice Chairman | OfficerTrustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $20,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,602 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,602 |
| Total Program Service Revenue | $0 |
| Investment income | $150,386 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $395,337 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $778,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $134,999 |
| Grants and other assistance to domestic individuals. | $67,132 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,567 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $250 |
| Office expenses | $6,852 |
| Information technology | $2,978 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,212 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $39,819 |
| Total functional expenses | $255,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,676 |
| Savings and temporary cash investments | $145,755 |
| Pledges and grants receivable | $28,666 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $295,185 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,041,049 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,054,331 |
| Accounts payable and accrued expenses | $4,147 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $182,577 |
| Total liabilities | $186,724 |
| Net assets without donor restrictions | $5,241,989 |
| Net assets with donor restrictions | $1,625,618 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,054,331 |
Grants Awarded
Over the last fiscal year, Mary Rutan Foundation has awarded $33,585 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LOGAN COUNTY FOOD SYSTEMS INITIATIVE PURPOSE: POP & ASSISTANCE PROGRAM | $10,000 |
GRAHAM LOCAL SCHOOLS PURPOSE: WORKOUT EQUIPMENT FOR SPORTS COMPLEX | $10,000 |
OHIO HI POINT CAREER CENTER PURPOSE: HOPE SQUAD PEER TO PEER SUICIDE PREVENTION | $7,000 |
WEST LIBERTY LIONS CLUB PURPOSE: BENCH & WALKWAY PATH | $6,585 |