Ruud Family Foundation Inc
- Assets
- $0.0
- Revenue
- $548.6k
- Investments
- $4.8m
- Employees
- 0
- Location
- Racine, WI
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 39-1915760
Organization Overview
Ruud Family Foundation Inc is located in Racine, WI. The organization was established in 1999. 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. Ruud Family 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, Ruud Family Foundation Inc generated $548.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.7% each year . All expenses for the organization totaled $394.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ruud Family Foundation Inc has awarded 62 individual grants totaling $2,295,524. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher A Ruud President/treasurer | 1 | $0 | |
Chantil F Ruud Vice President | 0.1 | $0 | |
Theodore O Sokoly Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,585 |
| Dividends & Interest | $165,923 |
| Profit on Inventory Sales | $0 |
| Other Income | $298 |
| Total Revenue | $548,589 |
| 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 | $52,901 |
| Contributions, gifts, grants paid | $341,073 |
| Total expenses and disbursements | $393,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,038,745 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ruud Family Foundation Inc has awarded $334,387 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
EAA CHAPTER 838 AVIATION SCHOLARSHIP PROGRAM PURPOSE: GENERAL OPERATIONS | $5,000 |
ALL SAINTS FOUNDATION - WOW WOMEN OF WORTH PURPOSE: GENERAL OPERATIONS | $20,000 |
NAVIGATOR CHURCH - NEW HORIZONS PURPOSE: GENERAL OPERATIONS | $10,000 |
PRAIRIE SCHOOL PURPOSE: GENERAL OPERATIONS | $60,000 |
PEPPERDINE UNIVERSITY PURPOSE: GENERAL OPERATIONS | $100,000 |
MAYO CLINIC - ALIX SCHOOL OF MEDICINE PURPOSE: GENERAL OPERATIONS | $25,000 |