Remington Foundation Inc
- Assets
- $704.7k
- Revenue
- $51.1k
- Investments
- $680.3k
- Employees
- 0
- Location
- New Milford, CT
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 51-0487546
Organization Overview
Remington Foundation Inc is located in New Milford, CT. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public 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. Remington Foundation Inc 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, Remington Foundation Inc generated $51.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $54.0k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 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 2016, Remington Foundation Inc has awarded 43 individual grants totaling $191,300. 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 |
|---|---|---|---|
Lee Lord Vice President/treasurer | 5 | $0 | |
Anne Swift President/secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,347 |
| Capital Gain Net Income | $29,347 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $721 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,830 |
| Total operating and administrative expenses | $4,451 |
| Contributions, gifts, grants paid | $49,500 |
| Total expenses and disbursements | $53,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,451 |
| Savings and temporary cash investments | $0 |
| 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 | $45,747 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $704,735 |
| 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, Remington Foundation Inc has awarded $49,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Cornwall Bridge, CT PURPOSE: FURTHER RESEARCH OF THE ORGANIZATION | $20,000 |
San Francisco, CA PURPOSE: FURTHER RESEARCH OF THE ORGANIZATION | $5,000 |
New York, NY PURPOSE: FURTHER RESEARCH OF THE ORGANIZATION | $5,000 |
Roxbury, CT PURPOSE: FURTHER RESEARCH OF THE ORGANIZATION | $5,000 |
DARLING CIRCLE - NATIONAL WILDLIFE FEDERATION PURPOSE: FURTHER RESEARCH OF THE ORGANIZATION | $4,000 |
YELLOWSTONE FOREVER PURPOSE: FURTHER RESEARCH OF THE ORGANIZATION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
American Friends Of The Royal Foundation Of The Duke And Duchess Newtown, MA | $2,911,496 | $8,616,320 |
Mccourt Foundation Inc Braintree, MA | $29,762,470 | $6,917,849 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
Mosdos Hatorah Vhachesed Of Pnei Menachem Inc Brooklyn, NY | $56,343 | $6,197,826 |
The Red Sox Foundation Inc Boston, MA | $19,048,615 | $7,450,414 |
Iranian American Jewish Federation Great Neck, NY | $8,464,426 | $7,729,135 |
Bend The Arc-A Jewish Partnership For Justice New York, NY | $14,031,753 | $6,022,262 |