Rukavina Family Foundation
- Assets
- $4.0m
- Revenue
- $172.1k
- Investments
- $3.9m
- Employees
- 0
- Location
- Winona, MN
- Founding
- 03/1999
- Data as of
- 12/2023
- EIN
- 41-1862734
Organization Overview
Rukavina Family Foundation is located in Winona, MN. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Rukavina Family 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 12/2023, Rukavina Family Foundation generated $172.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $240.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rukavina Family Foundation has awarded 146 individual grants totaling $1,602,545. 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 |
|---|---|---|---|
Lynn Myhra Vice President | 1 | $0 | |
Daniel J Rukavina Secretary | 0 | $0 | |
Wnb Financial Treasurer | 0 | $0 | |
Marian K Diaz President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $122,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,174 |
| Capital Gain Net Income | $49,174 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $172,117 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,034 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $27,726 |
| Contributions, gifts, grants paid | $213,000 |
| Total expenses and disbursements | $240,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,797 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,993,353 |
| 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, Rukavina Family Foundation has awarded $213,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
SHEPARDS OF HOPE PURPOSE: CHARITABLE DISTRIBUTION | $22,000 |
ABRIA PREGNANCY RESOURCES PURPOSE: STAFF EDUCATION | $20,000 |
SEEDS OF WISDOM SOUTH SUDAN PURPOSE: UNIVERSITY OF MINNESOTA CATHOLIC STUDENTS UNITED | $5,000 |
CARMELITE HERMITAGE OF THE BLESSED VIRGIN MARY PURPOSE: IMPLEMENTS FOR SNOW REMOVAL AND SANDING | $9,000 |
CATHOLIC CHARITIES PURPOSE: MEDIAPPSONWARD AND UPWARDREFUGEE RESETTLEMENTWINONA COMMUNITY WARMING CENTER | $35,000 |
MIGHTY IS HER CALL PURPOSE: GENERAL OPERATING FUND | $6,000 |