Rittenberg Family Foundation
- Assets
- $1.7m
- Revenue
- $59.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 12/2000
- Data as of
- 12/2023
- EIN
- 72-1488734
Organization Overview
Rittenberg Family Foundation is located in Metairie, LA. The organization was established in 2000. 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. Rittenberg Family 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, Rittenberg Family Foundation generated $59.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $159.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rittenberg Family Foundation has awarded 111 individual grants totaling $467,902. 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 |
|---|---|---|---|
Cynthia N Rittenberg President | 0 | $0 | |
Leon H Rittenberg III Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,633 |
| Dividends & Interest | $55,982 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $31,863 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $159,350 |
| Total expenses and disbursements | $159,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,359 |
| 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 | $1,749,962 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rittenberg Family Foundation has awarded $159,350 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
OCHSNER CLINIC FOUNDATION PURPOSE: DONATION | $35,000 |
THE JEWISH NEWS PURPOSE: DONATION | $5,000 |
JEWISH CHILDREN'S REGIONAL SERVICE PURPOSE: DONATION | $5,000 |
PLANNED PARENTHOOD OF THE GULF COAST PURPOSE: DONATION | $17,000 |
SECOND HARVEST FOOD BANK PURPOSE: DONATION | $3,000 |
ALZHEIMER'S ASSOCIATION LOUISIANA CHAPTER PURPOSE: DONATION | $600 |