Michael And Quirsis Riney Family Foundation
- Assets
- $19.0m
- Revenue
- $998.9k
- Investments
- $18.2m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 08/2018
- Data as of
- 11/2021
- EIN
- 82-3809292
Organization Overview
Michael And Quirsis Riney Family Foundation is located in St Louis, MO. The organization was established in 2018. 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. Michael And Quirsis Riney 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 11/2021, Michael And Quirsis Riney Family Foundation generated $998.9k 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 (63.3%) each year. All expenses for the organization totaled $965.1k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Michael And Quirsis Riney Family Foundation has awarded 11 individual grants totaling $1,654,321. 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.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael W Riney Trustee | 10 | $0 | |
Quirsis V Riney Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $420,779 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $577,146 |
| Capital Gain Net Income | $577,146 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $925 |
| Total Revenue | $998,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,917 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,260 |
| Total operating and administrative expenses | $136,777 |
| Contributions, gifts, grants paid | $828,331 |
| Total expenses and disbursements | $965,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $809,442 |
| 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 | $922,434 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,010,708 |
| 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, Michael And Quirsis Riney Family Foundation has awarded $828,331 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST LOUIS ZOO ASSOCIATION PURPOSE: GENERAL FUND | $608,331 |
WASHINGTON UNIVERSITY PURPOSE: GENERAL FUND | $50,000 |
RAINTREE FOUNDATION PURPOSE: GENERAL FUND | $50,000 |
ARCH GRANTS PURPOSE: GENERAL FUND | $50,000 |
St Louis, MO PURPOSE: GENERAL FUND | $25,000 |
KIDSMART PURPOSE: GENERAL FUND | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |