Rauch Family Foundation I Inc
- Assets
- $1.1m
- Revenue
- $88.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Rock Island, IL
- Founding
- 11/1988
- Data as of
- 12/2023
- EIN
- 36-3569965
Organization Overview
Rauch Family Foundation I Inc is located in Rock Island, IL. The organization was established in 1988. 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. Rauch Family Foundation I 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 12/2023, Rauch Family Foundation I Inc generated $88.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $74.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Rauch Family Foundation I Inc has awarded 117 individual grants totaling $174,283. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Schwiebert President | 0.25 | $0 | |
Lashanta Williams Secretary | 0.25 | $0 | |
Gary Rowe Executive Dir. | 2 | $0 | |
William Stengel Vice President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $31,240 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,918 |
| Capital Gain Net Income | $47,918 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,355 |
| Total Revenue | $88,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | -$137 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,500 |
| Total operating and administrative expenses | $15,358 |
| Contributions, gifts, grants paid | $59,450 |
| Total expenses and disbursements | $74,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,071 |
| 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 | $1,093,330 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,000 |
| Total assets | $1,096,401 |
| 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, Rauch Family Foundation I Inc has awarded $59,450 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
AZUBUIKE COUNCIL FOR THE ARTS PURPOSE: FILM WATCH SERIES | $2,000 |
CHRISTIAN CARE PURPOSE: PLAYGROUND EQUIPMENT FOR MARTHA'S HOUSE | $900 |
CHRISTIAN FRIENDLINESS PURPOSE: SUMMER CAMP EXPERIENCE FOR AT-RISK ROCK ISLAND YOUTH | $1,500 |
COMMUNITY CARING CONFERENCE PURPOSE: ORGANIZING ROCK ISLAND RESIDENTS | $1,000 |
FIGGE ART MUSEUM PURPOSE: "BIG PICTURE" ART ENGAGEMENT IN ROCK ISLAND SCHOOLS | $2,000 |
FRESH FILMS INC PURPOSE: WORKFORCE DEVELOPMENT AND CAREER PATHWAYS FOR ROCK ISLAND YOUTH | $1,000 |