Ray & Vera Conniff Foundation
- Assets
- $19.2m
- Revenue
- $1.1m
- Investments
- $18.1m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 09/2015
- Data as of
- 12/2022
- 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 12/2022, Ray & Vera Conniff Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 64.0% each year . All expenses for the organization totaled $911.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ray & Vera Conniff Foundation has awarded 74 individual grants totaling $779,000. 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 | $319,310 |
| Interest on Savings | $0 |
| Dividends & Interest | $609,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $192,053 |
| Capital Gain Net Income | $192,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,120,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,747 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,866 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,306 |
| Total operating and administrative expenses | $317,466 |
| Contributions, gifts, grants paid | $594,000 |
| Total expenses and disbursements | $911,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,099,310 |
| 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 | $19,220,595 |
| 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 $594,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
SMITHSONIAN MASTER JAZZ ORCHESTRA PURPOSE: GENERAL SUPPORT | $35,000 |
ATTLEBORO ARTS MUSEUM PURPOSE: TO FUND MUSIC AT ALL THE | $3,000 |
ATTLEBORO SCHOLARSHIP FOUNDATION PURPOSE: ANNUAL SCHOLARSHIP FOR | $3,000 |
ROAD RECOVERY FOUNDATION INC PURPOSE: GENERAL SUPPORT | $10,000 |
WOUNDED WARRIOR PROJECT PURPOSE: GENERAL FINANCIAL SUPPORT | $2,000 |
KAUAI MUSIC FESTIVAL PURPOSE: GENERAL SUPPORT | $2,500 |