funder logo

THE NORMAN R RALES AND RUTH RALES FOUNDATION

THE NORMAN R RALES AND RUTH RALES FOUNDATION

WASHINGTON, DC, US
501(c)(3)
EIN
59-6874589
Private Foundation
Family Foundation
funder logo

THE NORMAN R RALES AND RUTH RALES FOUNDATION

WASHINGTON, DC, US
501(c)(3)
EIN
59-6874589
Private Foundation
Family Foundation

Income Statement

Fiscal Year Start:
Dec 1
Revenues in 2024

$8,218,589

Investments
95%
Other
5%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$38,460,296

Grants
96%
Salaries & Benefits
3%
Other
<1%
Offices, Occupancy & IT
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$6,024,556
$7,785,944
+29%
Other
$1,817,399
$432,645
-76%
Total Revenues
$7,841,955
$8,218,589
+5%
Expenses
2023
2024
Change
Grants
$13,425,788
$36,987,599
+175%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,083,862
$1,140,314
+5%
Fees to Service Providers
$71,872
$22,002
-69%
Advertising & Promotion
$1,625
$4,584
+182%
Offices, Occupancy & IT
$92,926
$97,947
+5%
Interest
$0
$0
-
Depreciation
$2,260
$1,040
-54%
Other
$1,585,411
$206,810
-87%
Total Expenses
$16,263,744
$38,460,296
+136%
Net income
2023
2024
Change
Net income
-$8,421,789
-$30,241,707
-259%
Income Statement
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