Ropkey Foundation Inc
- Assets
- $2.0m
- Revenue
- $184.1k
- Investments
- $2.0m
- Employees
- 0
- Location
- Willis, VA
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 35-2507117
Organization Overview
Ropkey Foundation Inc is located in Willis, VA. The organization was established in 2015. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Ropkey 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 12/2021, Ropkey Foundation Inc generated $184.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $93.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Ropkey President | 20 | $18,000 | |
Durga Ishaya Secretary | 20 | $18,000 | |
Susan Forhan Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $70 |
| Dividends & Interest | $42,120 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $141,382 |
| Capital Gain Net Income | $128,657 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $184,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,652 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $31 |
| Total operating and administrative expenses | $43,949 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $93,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,957 |
| 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 | $2,012,676 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,014,633 |
| 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, Ropkey Foundation Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Newport, WA PURPOSE: COMMUNITY OUTREACH | $25,000 |
QUILLISACUTT EDUCATIONAL FUND PURPOSE: COMMUNITY OUTREACH | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ropkey Foundation Inc has recieved totaling $530,000.
| Awarding Organization | Amount |
|---|---|
Ropkey Armor Museum Inc Indianapolis, IN | | $530,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
Kolibri Foundation Inc Washington, DC | $25,943,036 | $16,488,107 |
George Wolf Memorial Intrvs Tr Ua 08082003 Washington, DC | $12,689,943 | $2,315,178 |
The Harvey M And Lyn P Meyerhoff Fund Inc Baltimore, MD | $35,059,295 | $6,016,350 |
Harry Weinberg Family Foundation Inc Baltimore, MD | $47,202,847 | $1,657,576 |
Parks System Tr Fund Wheeling, WV | $22,910,458 | $3,155,007 |