Ruvo Family Foundation

Organization Overview

Ruvo Family Foundation is located in Las Vegas, NV. The organization was established in 2004. 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. Ruvo 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 12/2021, Ruvo Family Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $322.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Ruvo Family Foundation has awarded 575 individual grants totaling $6,855,612. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $384
Dividends & Interest $510,382
Net Rental Income$0
Net Gain on Sale of Assets $837,917
Capital Gain Net Income $837,917
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,348,683

Grants Awarded

Over the last fiscal year, Ruvo Family Foundation has awarded $270,450 in support to 70 organizations.

Grant RecipientAmount

CATHOLIC DIOCESE OF LAS VEGAS

PURPOSE: GENERAL SUPPORT - CHARITY

$100,000

ST JOSEPH HUSBAND OF MARY ROMAN CATHOLIC CHURCH

PURPOSE: STRENGTHEN EFFORTS TO OFFER MINISTRIES AND SERVICES TO PARISH COMMUNITY.

$40,350

SETTING SCHOLIOSIS STRAIGHT

PURPOSE: IMPROVING SPINAL DEFORMITY CARE IN CHILDREN AND ADOLESCENTS

$25,000

ST PATRICK'S CATHEDRAL

PURPOSE: CHARITY - GENERAL SUPPORT FOR EASTER AND CHRISTMAS MASS CARDS

$12,000

SHRINE OF THE MOST HOLY REDEEMER

PURPOSE: SUPPORT OPERATION AND MAINTENANCE OF THE SHRINE

$10,100

ITALIAN AMERICAN CLUB OF SOUTHERN NV FOUNDATION

Org PageRecipient Profile

Las Vegas, NV

PURPOSE: TO HELP VERY DESERVING STUDENTS ACHIEVE THEIR EDUCATIONAL GOALS

$10,000
View Grant Profile

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