Rnr Foundation Inc
- Assets
- $0.0
- Revenue
- $448.3k
- Investments
- $2.6m
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 10/1995
- Data as of
- 07/2021
- EIN
- 65-0539370
Organization Overview
Rnr Foundation Inc is located in Ann Arbor, MI. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Rnr 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 07/2021, Rnr Foundation Inc generated $448.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $747.6k during the year ending 07/2021. While expenses have increased by 4.5% per year over the past 4 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 2021, Rnr Foundation Inc has awarded 36 individual grants totaling $1,448,137. 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 |
|---|---|---|---|
David Lord President | 2 | $15,000 | |
Charles Lord Board Member | 2 | $15,000 | |
Edith Lord-Wolff Board Member | 2 | $15,000 | |
Heather Lord Secretary | 2 | $15,000 | |
Richard Lord Treasurer | 2 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,552 |
| Dividends & Interest | $73,283 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,005 |
| Total Revenue | $448,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,955 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $143,351 |
| Contributions, gifts, grants paid | $604,217 |
| Total expenses and disbursements | $747,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,148,783 |
| Other assets | -$8,536 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rnr Foundation Inc has awarded $843,920 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
Winter Park, FL PURPOSE: ENDOWMENT COMMUNITY ENGAGEMENT | $110,000 |
Winter Park, FL PURPOSE: ENDOWMENT FOR FLEXIBE ANNUAL SPENDING | $110,000 |
GIRLS GROUP OF ANN ARBOR PURPOSE: FAMILY ENGAGEMENT PROGRAM EXPANSION | $75,000 |
Ann Arbor, MI PURPOSE: COMMUNITY FOUNDATION EMPOWERMENT FUND | $75,000 |
ANN ARBOR COMMUNITY FOUNDATION PURPOSE: COMMUNITY FOUNDATION | $75,000 |
GIRLS GROUP OF ANN ARBOR PURPOSE: EXPAND 6TH GRADE SCHOOL PROGRAMMING | $65,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Fifth Third Union Trust Co Foundation Cincinnati, OH | $28,852,332 | $17,459,816 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |