Rucker-Donnell Foundation
- Assets
- $11.3m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Murfreesboro, TN
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 62-1856912
Organization Overview
Rucker-Donnell Foundation is located in Murfreesboro, TN. The organization was established in 2002. 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. Rucker-Donnell 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 12/2023, Rucker-Donnell Foundation generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 67.5% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 11.8% per year over the past 9 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 2017, Rucker-Donnell Foundation has awarded 51 individual grants totaling $4,530,799. 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 |
|---|---|---|---|
Rick G Mansfield Trustee | 15 | $41,000 | |
William E Rowland Trustee | 15 | $40,000 | |
J Kent Burklow Trustee | 15 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $76,390 |
| Dividends & Interest | $0 |
| Net Rental Income | $12,593 |
| Net Gain on Sale of Assets | $6,034,025 |
| Capital Gain Net Income | $6,043,064 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $132,321 |
| Total Revenue | $6,255,329 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $121,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,326 |
| Taxes | $10,874 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,218 |
| Total operating and administrative expenses | $198,968 |
| Contributions, gifts, grants paid | $1,000,004 |
| Total expenses and disbursements | $1,198,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,462,028 |
| Savings and temporary cash investments | $3,355,724 |
| 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 | $6,437,043 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,254,795 |
| 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 | $451 |
| Total liabilities | $451 |
Grants Awarded
Over the last fiscal year, Rucker-Donnell Foundation has awarded $1,000,004 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ASCENSION STRH FOUNDATION PURPOSE: CHARITABLE GIFT | $1,000 |
BOY SCOUTS OF AMERICA PURPOSE: CHARITABLE GIFT | $3,000 |
MIDDLE TENNESSEE CHRISTIAN SCHOOL PURPOSE: CHARITABLE GIFT | $400,000 |
REDEEMER CLASSICAL ACADEMY PURPOSE: CHARITABLE GIFT | $501,000 |
SPECIAL KIDS PURPOSE: CHARITABLE GIFT | $1,500 |
UNIVERSITY OF TENNESSEE SOUTHERN PURPOSE: CHARITABLE GIFT | $1,004 |