Ray & Vera Conniff Foundation
- Assets
- $19.0m
- Revenue
- $18.2m
- Investments
- $17.5m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-7041724
Organization Overview
Ray & Vera Conniff Foundation is located in Cleveland, OH. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray & Vera Conniff 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 12/2021, Ray & Vera Conniff Foundation generated $18.2m in total revenue. All expenses for the organization totaled $197.5k during the year ending 12/2021. While expenses have increased by 179.4% 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 2019, Ray & Vera Conniff Foundation has awarded 65 individual grants totaling $239,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,593,333 |
| Interest on Savings | $0 |
| Dividends & Interest | $182,692 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,424,938 |
| Capital Gain Net Income | $1,424,938 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,962 |
| Total Revenue | $18,203,925 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,398 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $933 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $107,488 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $197,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,538,279 |
| 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 | $19,011,522 |
| 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, Ray & Vera Conniff Foundation has awarded $90,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Monica, CA PURPOSE: GENERAL FINANCIAL SUPPORT | $15,000 |
AMERICAN BATTLEFIELD TRUST PURPOSE: GENERAL SUPPORT | $10,000 |
SKATEBOARD USA PURPOSE: GENERAL SUPPORT | $10,000 |
Wailuku, HI PURPOSE: FINANCIAL SUPPORT | $10,000 |
New York, NY PURPOSE: FINANCIAL SUPPORT | $5,000 |
Los Angeles, CA PURPOSE: GENERAL FINANCIAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Northeast Michigan Community Service Agency Inc Alpena, MI | $18,757,719 | $61,175,867 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |