Rcl Foundation
- Assets
- $2.0m
- Revenue
- $44.4k
- Investments
- $1.9m
- Employees
- 0
- Location
- Commerce, CA
- Founding
- 11/1979
- Data as of
- 04/2023
- EIN
- 95-3387067
Organization Overview
Rcl Foundation is located in Commerce, CA. The organization was established in 1979. 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. Rcl 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 04/2023, Rcl Foundation generated $44.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $98.5k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rcl Foundation has awarded 139 individual grants totaling $451,610. 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
STUDENT GRANT TO ANNABELLE NASH
STUDENT GRANT TO HEIDI HERNANDEZ
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 |
|---|---|---|---|
Joseph Leimbach Secretary | 1 | $0 | |
Regina Leimbach President | 1 | $0 | |
Angela Tan Treasurer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,980 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,599 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,381 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,526 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,243 |
| Printing and publications | $0 |
| Other expenses | $1,892 |
| Total operating and administrative expenses | $34,466 |
| Contributions, gifts, grants paid | $64,032 |
| Total expenses and disbursements | $98,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,810 |
| 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 | $1,942,077 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,978,887 |
| 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, Rcl Foundation has awarded $64,032 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF SOUTHERN CA PURPOSE: DONATION | $5,135 |
LITTLE SISTER OF THE POOR PURPOSE: DONATION | $6,232 |
DIDI HIRSCH COMM MENTAL HEALTH PURPOSE: DONATION | $500 |
PENINSULAR COMM CHILDRENS HOSP PURPOSE: DONATION | $26,115 |
SPINAL CORD SOCIETY PURPOSE: DONATION | $2,500 |
MENLO CHARITY HORSE SHOW PURPOSE: DONATION | $1,000 |