Carl And Camilla Rietman Charitable Foundation
- Assets
- $6.0m
- Revenue
- $350.2k
- Investments
- $5.8m
- Employees
- 0
- Location
- North Bend, OR
- Founding
- 01/1997
- Data as of
- 09/2023
- EIN
- 93-1221623
Organization Overview
Carl And Camilla Rietman Charitable Foundation is located in North Bend, OR. The organization was established in 1997. 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. Carl And Camilla Rietman 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 09/2023, Carl And Camilla Rietman Charitable Foundation generated $350.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $282.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Carl And Camilla Rietman Charitable Foundation has awarded 318 individual grants totaling $1,437,815. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CONTRIBUTIONS PER THE TRUST INSTRUMENT TO ST JAMES EPISCOPAL CHURCH IN COQUILLE, OR
CHARITABLE CONTRIBUTION PER THE TRUST INSTRUMENT TO COQUILLE VALLEY HOSPITAL, COQUILLE, OR
17 SCHOLARSHIPS OF $6,700 AND 30 SCHOLARSHIPS OF $3,350 EACH AWARDED TO STUDENTS AND FORMER STUDENTS OF COQUILLE HIGH SCHOOL, COQUILLE, OR, FOR THE SCHOOL YEAR BEGINNING 9/2023. REFUNDS BY SCHOOLS FOR UNUSED SCHOLARSHIP FUNDS ARE INCLUDED IN TOTAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Walsh Trustee | 2 | $900 | |
Jayson F Wartnik Trustee | 2 | $3,200 | |
Amy Muenchrath Trustee | 1 | $3,200 | |
Jeff Philley Trustee | 2 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $157,846 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $192,341 |
| Capital Gain Net Income | $204,013 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $350,187 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,653 |
| Depreciation | $0 |
| Occupancy | $3,577 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $79,492 |
| Contributions, gifts, grants paid | $203,434 |
| Total expenses and disbursements | $282,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,911 |
| 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 | $3,387 |
| Total assets | $6,040,630 |
| 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, Carl And Camilla Rietman Charitable Foundation has awarded $203,434 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF COASTAL GEORGIA PURPOSE: COLLEGE SCHOLARSHIP PAID FBO STUDENT DIRECTLY TO INSTITUTION | $6,700 |
BENEDICTINE UNIVERSITY PURPOSE: COLLEGE SCHOLARSHIP PAID FBO STUDENT DIRECTLY TO INSTITUTION | $3,350 |
GEORGE FOX UNIVERSITY PURPOSE: COLLEGE SCHOLARSHIP PAID FBO STUDENT DIRECTLY TO INSTITUTION | $3,350 |
LANE COMMUNITY COLLEGE PURPOSE: COLLEGE SCHOLARSHIP PAID FBO STUDENT DIRECTLY TO INSTITUTION | $3,350 |
OREGON INSTITUTE OF TECHNOLOGY PURPOSE: COLLEGE SCHOLARSHIP PAID FBO STUDENT DIRECTLY TO INSTITUTION | $6,700 |
OREGON STATE UNIVERSITY PURPOSE: COLLEGE SCHOLARSHIP PAID FBO STUDENT DIRECTLY TO INSTITUTION | $23,450 |