Don And Leslie Ritter Family Charitable Foundation
- Assets
- $3.6m
- Revenue
- $157.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Mansfield, TX
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 81-4722568
Organization Overview
Don And Leslie Ritter Family Charitable Foundation is located in Mansfield, TX. The organization was established in 2019. 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. Don And Leslie Ritter Family Charitable 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, Don And Leslie Ritter Family Charitable Foundation generated $157.5k in total revenue. All expenses for the organization totaled $326.1k during the year ending 12/2022. While expenses have increased by 2.6% 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 2020, Don And Leslie Ritter Family Charitable Foundation has awarded 42 individual grants totaling $679,645. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
GRANTS TO MARIETTA COLLEGE WERE TO SUPPORT THE MUSIC THERAPY AND MUSIC EDUCATION PROGRAM.
PARISH EPISCOPAL SCHOOL OF DALLAS ASSISTANCE GIVEN TO THE SCHOOL TO SUPPORT THE MUSIC AND BAND PROGRAMS
NANCY LIEBERMAN CHARITIES FOR EDUCATION, SCHOLARSHIPS, DREAM BASKETBALL COURTS AND SUPPORT FOR UNDERPRIVILEGED.
DONATION TO SMU BUSINESS SCHOOL TO FURTHER EDUCATION OF STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Ritter Manager/pres | 10 | $0 | |
Leslie Ritter Manager/sec | 10 | $0 | |
Mariah Ritter Manager | 2 | $0 | |
Grace Ritter Manager | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $157,069 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $265,797 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $385 |
| Total Revenue | $157,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $794 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,232 |
| Total operating and administrative expenses | $28,526 |
| Contributions, gifts, grants paid | $297,606 |
| Total expenses and disbursements | $326,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,557 |
| 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 | $1,269,210 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $382,156 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,579,090 |
| 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, Don And Leslie Ritter Family Charitable Foundation has awarded $297,606 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
MARIETTA COLLEGE PURPOSE: EDUCATION;DONATIONMUSIC PROGRAM | $211,127 |
BLUE STAR CONNECTION PURPOSE: SUPPORT FORFURTHER PROMOTEMUSIC EDUCATION | $5,000 |
RIT DEVELOPMENT AND ALUMNI FUND PURPOSE: DONATION | $500 |
NANCY LIEBERMAN CHARITIES PURPOSE: DONATION | $17,450 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: DONATION TOCOX BUSINESS SCHOOL | $9,500 |
DALALS HOLOCAUST MUSEUM PURPOSE: DONATION | $1,180 |