Robert L Ragel Scholarship Fund
- Assets
- $1.5m
- Revenue
- $60.2k
- Investments
- $1.4m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 93-1254085
Organization Overview
Robert L Ragel Scholarship Fund is located in Phoenix, AZ. The organization was established in 2000. 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. Robert L Ragel Scholarship Fund 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, Robert L Ragel Scholarship Fund generated $60.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $98.4k during the year ending 12/2022. While expenses have increased by 8.2% 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, Robert L Ragel Scholarship Fund has awarded 19 individual grants totaling $421,250. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracey L Pritulsky President | 0.9 | $0 | |
Cara E Bobrowitz Treasurer | 0.25 | $0 | |
Julie R Winn Secretary | 0.25 | $0 | |
Marian L Ragel Director | 0.1 | $0 | |
Cameron M Pritulsky Director | 0.15 | $0 | |
Austin L Winn Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,857 |
| Capital Gain Net Income | $3,857 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,016 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $438 |
| Total operating and administrative expenses | $13,351 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $98,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $159,915 |
| 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 | $10,850 |
| Total assets | $1,531,397 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $223,750 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $121 |
| Total liabilities | $223,871 |
Grants Awarded
Over the last fiscal year, Robert L Ragel Scholarship Fund has awarded $81,250 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CANYON ROBERTS PURPOSE: SCHOLARSHIP | $21,250 |
CAITLYN CANNAN PURPOSE: SCHOLARSHIP | $15,000 |
COOPER CHRISTIANSON PURPOSE: SCHOLARSHIP | $15,000 |
KRISTEN BIRD PURPOSE: SCHOLARSHIP | $15,000 |
SAJJAD M AL RIKABI PURPOSE: SCHOLARSHIP | $15,000 |