TELL CITY, IN

Ramtell Inc.

Quick Facts

EIN: 351925455
Location: TELL CITY, IN
Category: Philanthropy & Grantmaking
Total Assets: $290M
Annual Income: $278.5M
IRS Ruling Year: 1996
Organization Type: Corporation
Principal Officer: % Guy N Ramsey
Tax Deductibility: Contributions are deductible

About This Foundation

Ramtell Inc. is a private corporation based in TELL CITY, IN. The foundation received its IRS ruling in 1996. The principal officer is % Guy N Ramsey. It holds total assets of $290M. Annual income is reported at $278.5M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$1.8M

2023+1%

Total Assets

$24.4M

2023-8%

Fair Market Value

$24.6M

2023

Net Worth

$24.4M

2023

Grants Paid

$1.3M

2023

Contributions

2023

Net Investment Income

$857K

2023

Distribution Amount

$1.2M

2023

Total Giving by Year

$932K

$1.2M

$13.2M

$1.7M

$1.8M

Asset Growth

$23.8M

$36.3M

$25.7M

$26.6M

$24.4M

Investment Portfolio (2023)

Total: $1.8M

Corporate Stock: $1.8M

Other Investments: $21.5M

Cash: $728K

Corporate Stock (7%)

Other Investments (89%)

Cash (3%)

Expense Breakdown (2023)

Grants Paid$1.3M

Officer Compensation$62K

Accounting Fees$7K

Travel & Conferences$2K

Legal Fees$300

Revenue Sources (2023)

Dividends: $822K
Other Income: $405K
Gross Rents: $373
Interest: $271
Capital Gains (Net): $-194,813

Financial Details (2023)

Total Revenue: $1M
Total Expenses: $1.8M
Exempt Purpose Expenses: $1.4M
Required Distribution: $1.2M
Undistributed Income: $213K
Total Liabilities: $1
Excise Tax: $12K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$13.1M

Average Grant

$262K

Median Grant

$10K

Grant Range

Min$250

Max$11.5M

Median: $10K

Smallest grantLargest grant

Geographic Distribution of Grants

WI: $25K (1)

MI: $7K (2)

NY: $5K (1)

IN: $1M (24)

CA: $1K (1)

NE: $10K (1)

KY: $12M (17)

TN: $10K (1)

LA: $5K (1)

FL: $5K (1)

KY$12M (17)

IN$1M (24)

WI$25K (1)

TN$10K (1)

NE$10K (1)

MI$7K (2)

Past Grantees

Recipient	Location	Amount	Year
Ramsey Evergreen FoundationTRANSFER TO FUND FOUNDATION	Louisville, KY	$11.5M	2021
Saint Paul'S ChurchGENERAL SUPPORT	Tell City, IN	$613K	2021
University Of Notre DameGENERAL SUPPORT	South Bend, IN	$200K	2021
Archdiocese Of LouisvilleGENERAL SUPPORT	Louisville, KY	$200K	2021
Catholic Education FoundationGENERAL SUPPORT	Louisville, KY	$69K	2021
Little Way Pregnancy Resource CenterBENEFIT DINNER SPONSORSHIP & DONATION	Louisville, KY	$60K	2021
Shawnee Baptist Church (Bank Street Food Bank)GENERAL SUPPORT	Louisville, KY	$50K	2021
Tri - County YmcaGENERAL SUPPORT	Ferdinand, IN	$49K	2021
Saint Bernard'S ChurchGENERAL SUPPORT	Rockport, IN	$27K	2021
Hero IncGENERAL SUPPORT	Green Bay, WI	$25K	2021
Carmelites Of Mary ImmaculateGENERAL SUPPORT	Payneville, KY	$20K	2021
Life In Abundance InternationalGENERAL SUPPORT	Louisville, KY	$20K	2021
Catholic Diocese Of EvansvilleGENERAL SUPPORT	Evansville, IN	$16K	2021
Sacred Heart SchoolsGENERAL SUPPORT	Louisville, KY	$15K	2021
Saint Xavier High SchoolGENERAL SUPPORT	Louisville, KY	$13K	2021
Ascension St Vincent ChurchGENERAL SUPPORT	Evansville, IN	$11K	2021
Feat Of LouisvilleGENERAL SUPPORT	Louisville, KY	$10K	2021
National Christian FoundationGENERAL SUPPORT	Indianapolis, IN	$10K	2021
Saint Ambrose ChurchGENERAL SUPPORT	Seymour, IN	$10K	2021
Spencer County Christian Education FoundationGENERAL SUPPORT	Rockport, IN	$10K	2021
University Of Notre Dame - Sorin SocietyGENERAL SUPPORT	Notre Dame, IN	$10K	2021
Archdiocese Of IndianapolisUNITED CATHOLIC APPEAL	Indianapolis, IN	$10K	2021
Baker Chapel United Methodist ChurchGENERAL SUPPORT	Boonville, IN	$10K	2021
Dominican Sisters St Cecilia CongregationGENERAL SUPPORT	Nashville, TN	$10K	2021
Duchesne Academy Of The Sacred HeartGENERAL SUPPORT	Omaha, NE	$10K	2021
Governor'S Scholars ProgramGENERAL SUPPORT	Frankfort, KY	$10K	2021
Saint Martin De Porres Catholic ChurchGENERAL SUPPORT	Louisville, KY	$9K	2021
Holy Rosary Catholic ChurchGENERAL SUPPORT	Evansville, IN	$8K	2021
Nami EvansvilleGENERAL SUPPORT	Evansville, IN	$6K	2021
Nami Indiana IncGENERAL SUPPORT	Indianapolis, IN	$6K	2021
Saint Vincent De PaulGENERAL SUPPORT	Louisville, KY	$6K	2021
Evansville Police DeptGENERAL SUPPORT	Evansville, IN	$6K	2021
Catholic Charities Tdiocese Houma ThibodauxGENERAL SUPPORT	Houma, LA	$5K	2021
SirsGENERAL SUPPORT	Tell City, IN	$5K	2021
Int'L Catholic Stewardship CouncilGENERAL SUPPORT	Dearborn Heights, MI	$5K	2021
Sisters For LifeGENERAL SUPPORT	Louisville, KY	$5K	2021
21st Century ParksGENERAL SUPPORT	Louisville, KY	$5K	2021
Innocent Lives FoundationGENERAL SUPPORT	Orlando, FL	$5K	2021
Phyt CaresGENERAL SUPPORT	New York, NY	$5K	2021
Owensville Reh Center IncGENERAL SUPPORT	Owensville, IN	$4K	2021
Shubael Little Pioneer VillageGENERAL SUPPORT	Cannelton, IN	$3K	2021
Perry Childcare Initiative IncGENERAL SUPPORT	Tell City, IN	$2K	2021
Community Catholic CenterGENERAL SUPPORT	Louisville, KY	$2K	2021
Right To Life Of Sw In Education Tr FdGENERAL SUPPORT	Evansville, IN	$2K	2021
National Child Safety CouncilGENERAL SUPPORT	Jackson, MI	$2K	2021
Sshs Choir - South Spencer High SchoolGENERAL SUPPORT	Rockport, IN	$2K	2021
Saint Isidore Catholic ChurchGENERAL SUPPORT	Britow, IN	$1K	2021
International Myeloma FoundationGENERAL SUPPORT	North Hollywood, CA	$1K	2021
Catholic Charities Tell CityGENERAL SUPPORT	Tell City, IN	$500	2021
Right To Life Educational Foundation Of Kentucky IncGENERAL SUPPORT	Louisville, KY	$250	2021