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 04/2022, Rcl Foundation generated $162.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $85.7k during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rcl Foundation has awarded 118 individual grants totaling $387,578. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT GRANT TO ANNABELLE NASH
STUDENT GRANT TO HEIDI HERNANDEZ
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angela Tan Treasurer | 12 | $3,750 | |
Regina Leimbach President | 1 | $0 | |
Joseph Leimbach Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $33,211 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $129,664 |
Capital Gain Net Income | $129,664 |
Net ST Capital Gain | $129,664 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $162,875 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $3,750 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $1,140 |
Interest | $0 |
Taxes | $3,056 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $7,951 |
Printing and publications | $0 |
Other expenses | $99 |
Total operating and administrative expenses | $39,930 |
Contributions, gifts, grants paid | $45,767 |
Total expenses and disbursements | $85,697 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,584 |
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 | $2,009,420 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,033,004 |
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 |
Over the last fiscal year, Rcl Foundation has awarded $45,767 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
PENINSULAR COMM CHILDRENS HOSP PURPOSE: DONATION | $14,550 |
LITTLE SISTER OF THE POOR PURPOSE: DONATION | $6,832 |
TORRANCE MEMORIAL HOME HEALTH HOSPI PURPOSE: DONATION | $5,000 |
UNIVERSITY OF SOUTHERN CA PURPOSE: DONATION | $4,535 |
PV PREP INC PURPOSE: DONATION | $4,000 |
OUR SAVIOR'S CHAPEL PURPOSE: DONATION | $1,500 |
Organization Name | Assets | Revenue |
---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |