Riddle Family Foundation is located in Fayetteville, NC. The organization was established in 2015. 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. Riddle 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, Riddle Family Foundation generated $98.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $155.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Riddle Family Foundation has awarded 195 individual grants totaling $621,019. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph P Riddle III Director | 1 | $0 | |
Trina Thompson Riddle Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $92,143 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,145 |
Capital Gain Net Income | $6,145 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $258 |
Total Revenue | $98,546 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $367 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $40,404 |
Contributions, gifts, grants paid | $114,980 |
Total expenses and disbursements | $155,384 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,887 |
Savings and temporary cash investments | $27,668 |
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 | $1,977,474 |
Net Land, buildings, and equipment | $0 |
Other assets | $10,143 |
Total assets | $2,315,418 |
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 |
Over the last fiscal year, Riddle Family Foundation has awarded $114,980 in support to 42 organizations.
Grant Recipient | Amount |
---|---|
BETH ISRAEL CONGREGATION INC PURPOSE: SUPPORT OF OPERATIONS OF ORGANIZATION | $500 |
BETTER HEALTH OF CUMBERLAND COUNTY INC PURPOSE: SUPPORT OPERATIONS OF ORGANIZATION | $2,000 |
CAPE FEAR REGIONAL THEATRE PURPOSE: SUPPORT OPERATIONS OF ORGANIZATION | $7,500 |
CAPE FEAR VALLEY HOSPITAL FOUNDATION PURPOSE: SUPPORT OPERATIONS OF ORGANIZATION | $11,250 |
BOYS AND GIRLS CLUBS OF CUMBERLAND COUNTY PURPOSE: SUPPORT OPERATIONS OF ORGANIZATION | $2,000 |
CEED PURPOSE: SUPPORT OPERATIONS | $2,500 |