Rob Degrand Memorial Fund

Analysis

Rob Degrand Memorial Fund is a registered charity in United States, based in Luxemburg, WI. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Rob Degrand Memorial Fund reported income of $172k and spending of $48k, leaving 72% of income unspent that year. Across the 5 years on record, from September 2020 to September 2024, income grew from $99k to $172k (+73%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 83%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rob Degrand Memorial Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Norman and Barbara Tanner 1999 Charitable Support TR I ($172k), Mia Sutphin Foundation Inc ($172k) and Alan Thayer Mudge Memorial Fund Inc ($172k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $713k against liabilities of $0, net assets of $713k.