Ross Foundation is located in Arkadelphia, AR. The organization was established in 1967. 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. Ross 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, Ross Foundation generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 3.6% 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 2015, Ross Foundation has awarded 317 individual grants totaling $7,016,808. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTINUED ITS CONSERVATION FORESTRY MANAGEMENT PROGRAM IN 2023, BY INCORPORATING DIVERSE MANAGEMENT TECHNIQUES WHICH INCLUDED NATURAL STAND MANAGEMENT, PLANTATION STAND MANAGEMENT, HARDWOOD MANAGEMENT SYSTEMS, AND UNIQUE PLANT AND HABITAT AREA MANAGEMENT. CONSERVATION FORESTRY OBJECTIVES CONCENTRATE ON THE INCORPORATION OF THESE VARIOUS MANAGEMENT COMPONENTS TO MAINTAIN DIVERSE STANDS EXHIBITING BOTH PLANT AND HABITAT DIVERSITY THROUGHOUT ALL LANDS OWNED AND MANAGED BY THE ROSS FOUNDATION AS CHARITABLE ASSETS. IN 2023, THE FOUNDATION INCURRED $505,343 IN EXPENSES RELATED TO SALARIES AND BENEFITS FOR PROFESSIONAL STAFF DIRECTLY RELATED TO THE CONTINUATION OF ITS CONSERVATION FORESTRY PROGRAM. ADDITIONALLY, EXPENSES TOTALING $239,316 WERE INCURRED FOR OUTSIDE CONTRACTOR SERVICES AND SUPPLIES AND OPERATING EXPENSES TO ACCOMPLISH PRESCRIBED MANAGEMENT TREATMENTS FOR WILDLIFE HABITAT IMPROVEMENT, STAND REFORESTATION AND MANAGEMENT.
THE FOUNDATION'S LAND IS AVAILABLE TO THE PUBLIC FOR RECREATIONAL OPPORTUNITIES. DURING 2023, RECREATIONAL USERS ENJOYED VARIOUS PURSUITS INCLUDING HUNTING, FISHING, DAY HIKING, CAMPING, PICNICKING, MOUNTAIN BIKE RIDING, SWIMMING, BACKPACKING, BIRD WATCHING, NATURE STUDY, PHOTOGRAPHY, AND WALKING FOR AEROBIC ACTIVITY. DURING 2023, THE FOUNDATION SPENT $5,915 ON MATERIALS AND $44,537 IN SALARY AND BENEFITS FOR ALLOCATED STAFF TIME RELATED TO PUBLIC RECREATION ADMINISTRATION AND MANAGEMENT ACTIVITIES ON THE ROSS FOUNDATION'S PROPERTY.
THE FOUNDATION'S LANDS ARE AVAILABLE FOR EDUCATIONAL AND RESEARCH ACTIVITIES. IN 2023, THE FOUNDATION PROVIDED LOGISTICAL SUPPORT AS WELL AS MONITORING SITES FOR RESEARCH CONDUCTED BY OUACHITA BAPTIST UNIVERSITY TO INVESTIGATE HABITAT SELECTION BY BREEDING BIRDS IN RELATION TO HABITAT COMPLEXITY. THIS MULTI-YEAR PROJECT PROVIDES INFORMATION FOR BIRD CONSERVATION, WHILE PROVIDING UNDERGRADUATE STUDENTS WITH RESEARCH EXPERIENCE. THE FOUNDATION'S STAFF ALSO HOSTED FIELD TOURS, DESIGNED TO DEMONSTRATE MANAGEMENT STRATEGIES AND WILDLIFE CONSERVATION TREATMENTS, FOR GROUPS RANGING FROM PRIVATE LANDOWNERS TO PUBLIC SCHOOL AGRICULTURAL INSTRUCTORS AND COLLEGE ENVIRONMENTAL STUDIES STUDENTS. THE FOUNDATION CONTINUED AN OPERATIONAL OAK REGENERATION STUDY, A COOPERATIVE DEMONSTRATION PROJECT WITH THE UNIVERSITY OF ARKANSAS COOPERATIVE EXTENSION SERVICE. THE FOUNDATION CONTRIBUTED $13,125 IN STAFF TIME SUPPORTING THESE ENVIRONMENTAL EDUCATION AND RESEARCH ACTIVITIES.
IN 2023, THE FOUNDATION DONATED ONE LOAD OF PINE LOGS TO BE AUCTIONED AT THE ANNUAL SOUTH-CENTRAL ARKANSAS LOG-A-LOAD FOR KIDS EVENT, WHICH IS HELD AS A FUNDRAISING EFFORT FOR THE BENEFIT OF ARKANSAS CHILDREN'S HOSPITAL. THE FAIR MARKET VALUE OF THE LOAD OF LOGS WAS $1,496.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ross Whipple Chairman/trustee | 12 | $76,232 | |
Mary Whipple Secretary/trustee | 2 | $18,000 | |
Mark Karnes Director Of Operations/trustee | 40 | $139,577 | |
Mary Elizabeth Eldridge Director Of Programs/trustee | 14 | $62,983 | |
Peggy Clark Trustee | 2 | $18,000 | |
Margaret Doose Trustee | 2 | $18,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $62,570 |
Dividends & Interest | $0 |
Net Rental Income | $243,749 |
Net Gain on Sale of Assets | $2,606,073 |
Capital Gain Net Income | $2,606,073 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $90,427 |
Total Revenue | $3,030,099 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $386,792 |
Other employee salaries and wages | $375,313 |
Pension plans, employee benefits | $160,516 |
Interest | $22,555 |
Taxes | $143,330 |
Depreciation | $44,389 |
Occupancy | $10,514 |
Travel, conferences, and meetings | $6,648 |
Printing and publications | $0 |
Other expenses | $291,457 |
Total operating and administrative expenses | $1,494,801 |
Contributions, gifts, grants paid | $734,229 |
Total expenses and disbursements | $2,229,030 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,820,342 |
Net Accounts receivable | $62,813 |
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 | $43,697 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $505,237 |
Other assets | $111,041,795 |
Total assets | $114,473,884 |
Accounts payable and accrued expenses | $110,541 |
Grants payable | $77,400 |
Deferred revenue | $183,391 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $626,775 |
Other liabilities | $0 |
Total liabilities | $998,107 |
Over the last fiscal year, Ross Foundation has awarded $765,230 in support to 30 organizations.
Grant Recipient | Amount |
---|---|
AR SINGLE PARENT SCHOLARSHIP FUND PROGRAM PURPOSE: ROSS SCHOLARS | $8,000 |
ARKADELPHIA COMMUNITY FOUNDATION PURPOSE: SOLDIERS OF SERVICE - RELAY FOR LIFE EVENT | $1,000 |
ARKADELPHIA PROMISE FOUNDATION PURPOSE: SCHOLARSHIP FUND 2024 | $351,684 |
ARKADELPHIA PUBLIC SCHOOLS PURPOSE: CONE FOUNDATION, FBLA STUDENTS ATTEND NATIONAL CONFERENCE, EDUCATORS RISING - NATIONAL CONFERENCE | $16,000 |
ARKANSAS ENVIRONMENTAL EDUCATION ASSOCIATION PURPOSE: STATEWIDE ENVIRONMENTAL & OUTDOOR EDUCATION, CONFERENCE | $500 |
ARKANSAS FOODBANK NETWORK PURPOSE: FOOD CREDITS FOR PANTRIES IN CLARK COUNTY | $12,000 |