Rick And Bonnie Rule Foundation
- Assets
- $2.1m
- Revenue
- $22.0k
- Investments
- $1.3m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 82-3316341
Organization Overview
Rick And Bonnie Rule Foundation is located in Seattle, WA. The organization was established in 2019. 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. Rick And Bonnie Rule 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, Rick And Bonnie Rule Foundation generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.1%) each year. All expenses for the organization totaled $107.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rick And Bonnie Rule Foundation has awarded 18 individual grants totaling $230,797. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Cantor Secretary | 2 | $0 | |
Arthur Richards Rule IV President | 2 | $0 | |
Bonnie Mcgaugh Rule Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $222 |
| Dividends & Interest | $21,825 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $450 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $33,666 |
| Contributions, gifts, grants paid | $73,489 |
| Total expenses and disbursements | $107,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $791,330 |
| 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 | $2,134,770 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $49,910 |
| 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 | $49,910 |
Grants Awarded
Over the last fiscal year, Rick And Bonnie Rule Foundation has awarded $73,489 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Mclean, VA PURPOSE: THREE-YEAR MARKETING PROJECT | $50,000 |
SHE-CAN GLOBAL PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Mount Vernon, WA PURPOSE: GENERAL OPERATING SUPPORT | $6,245 |
Friday Harbor, WA PURPOSE: GENERAL OPERATING SUPPORT | $6,244 |
KCTS TELEVISION PURPOSE: GENERAL OPERATING SUPPORT | $500 |
San Diego, CA PURPOSE: KPBS GENERAL OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bezos Family Foundation Seattle, WA | $130,746,152 | $60,417,966 |
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
Raikes Foundation Seattle, WA | $117,221,519 | $16,360,598 |
Aldarra Foundation Seattle, WA | $1,907,346 | $20,570,824 |
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |