Riegelwood Community Foundation Inc
- Assets
- $31.4k
- Revenue
- -$7.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 02/1956
- Data as of
- 12/2022
- EIN
- 56-0712178
Organization Overview
Riegelwood Community Foundation Inc is located in Wilmington, NC. The organization was established in 1956. According to its NTEE Classification (T31) the organization is classified as: Community 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. Riegelwood Community 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Delaine R Smith President | 10 | $0 | |
Jessica Seidner Secretary | 10 | $0 | |
Sophie Beckman Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,529 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$7,527 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $26 |
| Taxes | $3,717 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $227 |
| Total operating and administrative expenses | $5,470 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $12,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,390 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,390 |
| Accounts payable and accrued expenses | $1,986 |
| 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 | $1,986 |
Grants Awarded
Over the last fiscal year, Riegelwood Community Foundation Inc has awarded $50,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF CAPE FEAR PURPOSE: SUPPORT PROGRAMS | $10,000 |
EAST COLUMBUS FREINDS OF THE PUBLIC PURPOSE: SUPPORT | $5,000 |
CAPE FEAR RIVER WATCH INC PURPOSE: SUPPORT | $5,000 |
NC A PHILIP RANDOLPH EDUCATIONAL FU PURPOSE: SUPPORT | $5,000 |
FOOD BANK OF CENTRAL & EASTERN NC PURPOSE: SUPPORT | $25,000 |