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Also known as: FOUNDATION INC
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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 is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Florida. 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.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$458K
Largest Grant
$1.8M
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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
N/A
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 | $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 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL