Ronald & Maxine Linde Foundation
- Assets
- $0.0
- Revenue
- $3.2m
- Investments
- $28.8m
- Employees
- 0
- Location
- Paradise Valley, AZ
- Founding
- 04/1990
- Data as of
- 02/2022
- EIN
- 36-3635349
Organization Overview
Ronald & Maxine Linde Foundation is located in Paradise Valley, AZ. The organization was established in 1990. 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. Ronald & Maxine Linde 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 02/2022, Ronald & Maxine Linde Foundation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 52.9% each year . All expenses for the organization totaled $1.4m during the year ending 02/2022. 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
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald K Linde Chair/treasurer/secretary/director | 1.5 | $0 | |
Maxine H Linde President/director | 0.5 | $0 | |
Jennings J Newcom Director | 0.1 | $0 | |
Lester G Traub Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,748 |
| Dividends & Interest | $901,612 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,294,582 |
| Total Revenue | $3,198,032 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $248,718 |
| Contributions, gifts, grants paid | $1,200,000 |
| Total expenses and disbursements | $1,448,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $24,033,443 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ronald & Maxine Linde Foundation has awarded $1,090,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE UCLA FOUNDATION (TAX ID # 95-2250801) PURPOSE: FOWLER MUSEUM FUND | $10,000 |
THE AMERICAN OF ACADEMY ARTS AND SCIENCES (TAX ID # 04-2103651) PURPOSE: UNRESTRICTED | $10,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY (TAX ID # 95-1643307) PURPOSE: UNRESTRICTED | $20,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY (TAX ID # 95-1643307) PURPOSE: ENDOWMENT FUNDS | $1,050,000 |