Walter W Regirer And Maria Teresa Regirer Foundation
- Assets
- $5.1m
- Revenue
- $478.2k
- Investments
- $4.7m
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 47-2179540
Organization Overview
Walter W Regirer And Maria Teresa Regirer Foundation is located in Richmond, VA. 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. Walter W Regirer And Maria Teresa Regirer 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 12/2022, Walter W Regirer And Maria Teresa Regirer Foundation generated $478.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $308.2k during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Walter W Regirer And Maria Teresa Regirer Foundation has awarded 54 individual grants totaling $729,000. 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 |
|---|---|---|---|
Karl Mctaggart Director/treasurer | 1 | $0 | |
C T Hill Director | 1 | $0 | |
Craig Massey Director/president | 1 | $0 | |
Sarah Hobgood MD Director | 1 | $0 | |
Andrea Glasgow Director/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $122,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $355,513 |
| Capital Gain Net Income | $355,513 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $478,187 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,292 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,275 |
| Total operating and administrative expenses | $72,158 |
| Contributions, gifts, grants paid | $236,000 |
| Total expenses and disbursements | $308,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $389,519 |
| 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 | $4,675,333 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,200 |
| Total assets | $5,069,052 |
| 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, Walter W Regirer And Maria Teresa Regirer Foundation has awarded $236,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BETTER HOUSING COALITION PURPOSE: 2022 GRANT | $12,000 |
BON SECOURS RICHMOND HEALTH CARE FOUNDATION PURPOSE: 2022 GRANT | $10,000 |
CROSSOVER MINISTRY INC PURPOSE: 2022 GRANT - SENIOR WELLNESS PROGRAM | $15,000 |
CANCERLINK - LEGAL INFO NETWORK FOR CANCER PURPOSE: 2022 GRANT | $10,000 |
ELDERHOMES CORP PURPOSE: 2022 GRANT | $5,000 |
FREE CLINIC OF POWHATAN PURPOSE: 2022 GRANT | $10,000 |