Rr Family Foundation
- Assets
- $5.9m
- Revenue
- $5.0m
- Investments
- $5.9m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 76-0574955
Organization Overview
Rr Family Foundation is located in Houston, TX. The organization was established in 1998. 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. Rr 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 12/2022, Rr Family Foundation generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $70.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rr Family Foundation has awarded 265 individual grants totaling $959,708. 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 |
|---|---|---|---|
Risher Randall President | 10 | $0 | |
Fairfax C Randall Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,081 |
| Interest on Savings | $26,503 |
| Dividends & Interest | $51,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,905,920 |
| Capital Gain Net Income | $4,905,920 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,419 |
| Total Revenue | $5,010,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $103 |
| Total operating and administrative expenses | $14,184 |
| Contributions, gifts, grants paid | $56,725 |
| Total expenses and disbursements | $70,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,803 |
| 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 | $802 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $182 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,476,561 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,901,772 |
| 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, Rr Family Foundation has awarded $56,725 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
SAN JACINTO MUSEUM OF HISTORY PURPOSE: PROVIDES FUNDS TO ACCOMPLISH ITS CHARITABLE PURPOSE | $4,000 |
LORD OF THE STREETS PURPOSE: PROVIDES FUNDS TO ACCOMPLISH CHARITABLE PURPOSE | $500 |
THE MUSEUM OF FINE ARTS PURPOSE: PROVIDES FUNDS TO ACCOMPLISH ITS CHARITABLE PURPOSE | $1,700 |
PLANNED PARENTHOOD PURPOSE: PROVIDES FUNDS TO ACCOMPLISH ITS CHARITABLE PURPOSE | $2,000 |
SHEPHERD SCHOOL OF MUSIC RICE UNIV PURPOSE: PROVIDES FUNDS TO ACCOMPLISH ITS CHARITABLE PURPOSE | $500 |
KIWANIS FOUNDATION OF HOUSTON PURPOSE: PROVIDES FUNDS TO ACCOMPLISH ITS CHARITABLE PURPOSE | $4,925 |