Mike Ross Family Foundation Inc
- Assets
- $0.0
- Revenue
- $63.5k
- Investments
- $741.6k
- Employees
- 0
- Location
- Coalton, WV
- Founding
- 03/2012
- Data as of
- 12/2020
- EIN
- 45-2045818
Organization Overview
Mike Ross Family Foundation Inc is located in Coalton, WV. The organization was established in 2012. 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. Mike Ross 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 12/2020, Mike Ross Family Foundation Inc generated $63.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $82.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mike Ross Family Foundation Inc has awarded 34 individual grants totaling $385,500. 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 |
|---|---|---|---|
Mike Ross Director | 1 | $0 | |
James V Ross Director | 1 | $0 | |
Donald B Nestor Director | 1 | $0 | |
Francis A Ross Director | 1 | $0 | |
William Victor Ross Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $451 |
| Dividends & Interest | $31,676 |
| Profit on Inventory Sales | $0 |
| Other Income | $69,588 |
| Total Revenue | $63,470 |
| 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 | $21,207 |
| Contributions, gifts, grants paid | $61,000 |
| Total expenses and disbursements | $82,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $576 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mike Ross Family Foundation Inc has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Fairmont, WV PURPOSE: FOR OPERATIONAL SUPPORT | $25,000 |
Coalton, WV PURPOSE: FOR OPERATIONAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |