Also known as: FOUNDATION INC
Marshall And Vera Lea Rinker Foundation Inc. is a private corporation based in WEST PALM BCH, FL. The foundation received its IRS ruling in 1998. The principal officer is % James G Pressly Jr. It holds total assets of $30.2M. Annual income is reported at $6.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Marshall And Vera Lea Rinker Foundation Inc. has made 20 grants totaling $4.3M, with a median grant of $10K. Annual giving has grown from $960K in 2021 to $1.5M in 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 4 grants. Individual grants have ranged from $5K to $1.8M, with an average award of $215K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Marshall And Vera Lea Rinker Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in FL.
Marshall And Vera Lea Rinker Foundation Inc. has distributed a total of $4.3M across 20 grants. The median grant size is $10K, with an average of $215K. Individual grants have ranged from $5K to $1.8M.
Marshall And Vera Lea Rinker Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marshall And Vera Lea Rinker Foundation Inc. is headquartered in WEST PALM BCH, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| R Michael Strickland | DIRECTOR | $5K | $0 | $5K |
| Michael J Stevens | SEC'Y/TREAS/DIRECTOR | $2K | $0 | $2K |
| Sheila A Rinker | VICE PRESIDENT/DIRECTOR | $2K | $0 | $2K |
| John J Rinker | PRESIDENT/DIRECTOR | $2K | $0 | $2K |
| R Hagan Kohler | DIRECTOR | $2K | $0 | $2K |
Total Giving
$1.9M
Total Assets
$30.3M
Fair Market Value
$36.1M
Net Worth
$28.7M
Grants Paid
$1.5M
Contributions
$0
Net Investment Income
$2.2M
Distribution Amount
$1.7M
Total: $25.6M
Total Grants
20
Total Giving
$4.3M
Average Grant
$215K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First ServeGENERAL OPERATIONS | West Palm Beach, FL | $5K | 2023 |
| Palm Beach Atlantic UniversityENDOWMENT FUND - BUSINESS SCHOOL BUILDING | West Palm Beach, FL | $1.4M | 2023 |
| Our Lady Queen Of The Apostles Catholic ChurchGENERAL OPERATIONS | Royal Palm Beach, FL | $20K | 2023 |
| St Peter Catholic ChurchCAPITAL CAMPAIGN | Jupiter, FL | $10K | 2022 |
| Florida Southern CollegeCAPITAL CAMPAIGN | Lakeland, FL |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| $250K |
| 2021 |
| Rehabilitation Center For Children And AdultsCAPITAL CAMPAIGN | Palm Beach, FL | $10K | 2021 |
| Lighthouse For The Blind Of The Palm BeachesGENERAL OPERATIONS | West Palm Beach, FL | $5K | 2021 |
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