Roddick Fund is located in Painesville, OH. The organization was established in 1981. 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. Roddick Fund 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, Roddick Fund generated $24.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $69.3k during the year ending 12/2022. While expenses have increased by 3.7% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO 61 PAINESVILLE OH AREA STUDENTS FOR HIGHER EDUCATION
LAKE COUNTY HISTORICAL SOCIETY
PAINESVILLE CITY SCHOOLS EDUCATIONAL FUND
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ray Delamotte President | 0 | $0 | |
Barbara Britt Secretary | 0 | $0 | |
David Pierce Trustee | 0 | $0 | |
Karen Grippi Treasurer | 5 | $0 | |
Joanne Gurley Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $18,438 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $5,843 |
Capital Gain Net Income | $5,843 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $24,281 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,058 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $10,815 |
Total operating and administrative expenses | $13,393 |
Contributions, gifts, grants paid | $55,860 |
Total expenses and disbursements | $69,253 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,381 |
Savings and temporary cash investments | $10,829 |
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 | $352,104 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $768,618 |
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 |
Over the last fiscal year, Roddick Fund has awarded $55,860 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
SEE ATTACHED LIST PURPOSE: SCHOLARSHIPS | $53,500 |
LAKE COUNTY HISTORICAL SOCIETY PURPOSE: STUDENT PROGRAMS | $1,360 |
PAINESVILLE CITY SCHOOLS EDUC FUND PURPOSE: GRANTS FOR CREATIVE & UNIQUE EDUC PROJECTS | $1,000 |