Specialized Carriers & Rigging Foundation

Organization Overview

Specialized Carriers & Rigging Foundation is located in Centreville, VA. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Specialized Carriers & Rigging 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, Specialized Carriers & Rigging Foundation generated $157.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $169.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Specialized Carriers & Rigging Foundation has awarded 135 individual grants totaling $305,425. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $50,704
Interest on Savings $0
Dividends & Interest $121,213
Net Rental Income$0
Net Gain on Sale of Assets -$14,193
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $157,724

Grants Awarded

Over the last fiscal year, Specialized Carriers & Rigging Foundation has awarded $30,000 in support to 11 organizations.

Grant RecipientAmount

IAN COX

PURPOSE: ACADEMIC SCHOLARSHIP

$2,500

RAYMOND BODNAR

PURPOSE: ACADEMIC SCHOLARSHIP

$4,000

DEVON SEVER

PURPOSE: ACADEMIC SCHOLARSHIP

$2,500

BLAKE LUDWIG

PURPOSE: ACADEMIC SCHOLARSHIP

$2,500

JAKOB FRUEH

PURPOSE: ACADEMIC SCHOLARSHIP

$2,500

ELI HERKENRATH

PURPOSE: ACADEMIC SCHOLARSHIP

$1,000
View Grant Profile

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