Foundation Source 002100 Inc
- Assets
- $18.3m
- Revenue
- -$291.3k
- Investments
- $17.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 86-3851121
Organization Overview
Foundation Source 002100 Inc is located in Wilmington, DE. 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. Foundation Source 002100 Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenny Rueter Dir, Pres | 1 | $0 | |
Kimberly S Rueter Dir, Sec, Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $372,172 |
| Interest on Savings | $11,467 |
| Dividends & Interest | $368,091 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$873,868 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$169,154 |
| Total Revenue | -$291,292 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,267 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $74,060 |
| Total operating and administrative expenses | $172,921 |
| Contributions, gifts, grants paid | $342,000 |
| Total expenses and disbursements | $514,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $532,415 |
| 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 | $250,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,836,647 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,280,931 |
| 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, Foundation Source 002100 Inc has awarded $342,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BIOLA UNIVERSITY INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
CROSSLINE COMMUNITY CHURCH PURPOSE: GENERAL & UNRESTRICTED | $75,000 |
LUTHERAN HIGH SOUTH - ORANGE COUNTY CREAN LUTHERAN PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
DEANO AND THE DYNAMOS INC PURPOSE: GENERAL & UNRESTRICTED | $12,000 |
PINK FUND INC PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
PROVERBS 31 MINISTRY INC PURPOSE: GENERAL & UNRESTRICTED | $75,000 |