R4 Foundation
- Assets
- $16.9m
- Revenue
- $1.3m
- Investments
- $16.3m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 46-5434359
Organization Overview
R4 Foundation is located in Fort Worth, TX. 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. R4 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, R4 Foundation generated $1.3m 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 (20.6%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, R4 Foundation has awarded 439 individual grants totaling $6,271,056. 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 |
|---|---|---|---|
Name Not Listed Director | 0.25 | $0 | |
Name Not Listed Director | 0.25 | $0 | |
Name Not Listed Director | 0.25 | $0 | |
Name Not Listed Director | 0.25 | $0 | |
Name Not Listed President/ceo | 40 | $150,000 | |
Name Not Listed Sec/treasurer | 2 | $25,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,463 |
| Dividends & Interest | $414,067 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $912,281 |
| Capital Gain Net Income | $912,281 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$6,627 |
| Total Revenue | $1,340,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $175,000 |
| Other employee salaries and wages | $10,000 |
| Pension plans, employee benefits | $26,452 |
| Interest | $22 |
| Taxes | $21,300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,380 |
| Printing and publications | $0 |
| Other expenses | $64,901 |
| Total operating and administrative expenses | $366,492 |
| Contributions, gifts, grants paid | $1,001,100 |
| Total expenses and disbursements | $1,367,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,536 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,288 |
| 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 | $16,324,041 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $44,815 |
| Total assets | $16,898,680 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $440 |
| Total liabilities | $2,940 |
Grants Awarded
Over the last fiscal year, R4 Foundation has awarded $1,001,100 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH TEXAS COMMUNITY FOUNDATION PURPOSE: ASSIST IN MEETING THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE | $20,000 |
SINACA STUDIOS PURPOSE: ASSIST IN MEETING THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
SUSAN G KOMEN PURPOSE: ASSIST IN MEETING THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE | $5,000 |
ACADEMY 4 PURPOSE: ASSIST IN MEETING THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE | $15,000 |
ACE SCHOLARSHIPS PURPOSE: ASSIST IN MEETING THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
ACH CHILD AND FAMILY SERVICES PURPOSE: ASSIST IN MEETING THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE | $15,000 |