Ross Foundation Inc
- Assets
- $119.2k
- Revenue
- $130.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Elyria, OH
- Founding
- 12/1985
- Data as of
- 05/2022
- EIN
- 34-1442262
Organization Overview
Ross Foundation Inc is located in Elyria, OH. The organization was established in 1985. 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. Ross 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 05/2022, Ross Foundation Inc generated $130.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $173.6k during the year ending 05/2022. While expenses have increased by 4.0% per year over the past 6 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 2015, Ross Foundation Inc has awarded 52 individual grants totaling $735,288. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William E Cromling III Co-Pres/co-Chair/treasurer | 1 | $0 | |
Daniel Urban Secretary | 1 | $0 | |
Cynthia Cromling Director | 1 | $0 | |
Christine M Cromling Director | 1 | $0 | |
Jon R Cromling Co-Pres/co-Chair/asst Trea | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $130,203 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130,203 |
| 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 | $330 |
| Total operating and administrative expenses | $330 |
| Contributions, gifts, grants paid | $173,233 |
| Total expenses and disbursements | $173,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,194 |
| 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 | $119,194 |
| 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, Ross Foundation Inc has awarded $173,233 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BLESSING HOUSE PURPOSE: GRANT FOR A MEMORIAL GARDEN IN MAUREEN CROMLING'S MEMORY. | $90,000 |
SAVE OUR CHILDREN PURPOSE: GRANT FOR CULTURAL ART & ENRICHMENT PROGRAM | $23,700 |
EATON TOWNSHIP FIRE AND RESCUE PURPOSE: GRANT FOR THE PURCHASE OF A VERTECON 8CFM 7.5HP BAUER OPEN VERTICAL COMPRESSOR | $20,593 |
MIDVIEW LOCAL SCHOOL DISTRICT PURPOSE: A GRANT TO THE MIDVIEW CHALLENGE GRANTS PROGRAM FOR 2020-2021 SCHOOL YEAR | $15,000 |
AVON LAKE SADDLE CLUB PURPOSE: GRANT FOR THE NEW HORSE ARENA AT WEISS FIELD IN AVON LAKE. | $10,000 |
Grafton, OH PURPOSE: GRANT TO HELP FUND EDUCATIONAL ACTIVITIES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |