Civic Intelligence

Renaissance Charitable Foundation Inc.

990 • Fiscal year 2017 • EIN 35-2129262

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization Profilewww.rcgf.org
8910 Purdue RoadIndianapolis, IN 46268

(866) 803-0389

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$1,445,207,393

No earlier filing loaded for comparison.

Net Assets

$1,439,862,007

No earlier filing loaded for comparison.

Liabilities

$5,345,386

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

$489,267,631

No earlier filing loaded for comparison.

Expenses

$215,746,801

No earlier filing loaded for comparison.

Net Income

$273,520,830

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0B$4.0B$2.0B$0Assets 2017: $1,445,207,393Liabilities 2017: $5,345,386Net Assets 2017: $1,439,862,0072017Assets 2017: $1,455,988,647Liabilities 2017: $5,345,887Net Assets 2017: $1,450,642,7602017Assets 2018: $1,494,572,247Liabilities 2018: $24,730,925Net Assets 2018: $1,469,841,3222018Assets 2019: $1,623,200,404Liabilities 2019: $15,623,737Net Assets 2019: $1,607,576,6672019Assets 2020: $1,807,537,083Liabilities 2020: $10,470,252Net Assets 2020: $1,797,066,8312020Assets 2021: $3,073,056,178Liabilities 2021: $11,854,751Net Assets 2021: $3,061,201,4272021Assets 2022: $3,082,518,975Liabilities 2022: $13,126,395Net Assets 2022: $3,069,392,5802022Assets 2023: $4,181,391,517Liabilities 2023: $35,722,351Net Assets 2023: $4,145,669,1662023Assets 2024: $5,913,566,776Liabilities 2024: $16,914,399Net Assets 2024: $5,896,652,3772024

Highlighted filing

2017

Assets$1,445,207,393
Liabilities$5,345,386
Net Assets$1,439,862,007
Open 2017 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0B$2.0B$1.0B$0-$1.0BRevenue 2017: $489,267,631Expenses 2017: $215,746,801Net Income 2017: $273,520,8302017Revenue 2017: $489,266,633Expenses 2017: $215,745,873Net Income 2017: $273,520,7602017Revenue 2018: $474,554,621Expenses 2018: $336,577,330Net Income 2018: $137,977,2912018Revenue 2019: $456,469,570Expenses 2019: $490,357,189Net Income 2019: -$33,887,6192019Revenue 2020: $542,838,666Expenses 2020: $404,582,618Net Income 2020: $138,256,0482020Revenue 2021: $1,643,145,757Expenses 2021: $434,967,952Net Income 2021: $1,208,177,8052021Revenue 2022: $986,967,944Expenses 2022: $470,774,649Net Income 2022: $516,193,2952022Revenue 2023: $1,459,759,410Expenses 2023: $592,804,586Net Income 2023: $866,954,8242023Revenue 2024: $2,436,033,430Expenses 2024: $801,921,038Net Income 2024: $1,634,112,3922024

Highlighted filing

2017

Revenue$489,267,631
Expenses$215,746,801
Net Income$273,520,830
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$769,635,459
Mission and Program Overview

Mission

Renaissance Charitable Foundation Inc. is a public benefit corporation that operates exclusively to conduct, support, encourage and assist religious, charitable, educational and other programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$706,306,330$1,114,785,173▲ $408,478,843
Savings and Temporary Cash Investments$137,850,319$170,502,020▲ $32,651,701
Investments Other Securities$253,106,937$155,967,161▼ $97,139,776
Accounts Receivable$353,276$0▼ $353,276
Cash and Non-Interest-Bearing Accounts$110,131$320,229▲ $210,098
Loans From Officers Directors-$170,000-
Prepaid Expenses and Deferred Charges$5,000$0▼ $5,000
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,101,158,025$1,445,207,393▲ $344,049,368
Other Assets Total$3,426,032$3,632,810▲ $206,778
Liabilities
Grants Payable$9,431,974$3,066,822▼ $6,365,152
Accounts Payable and Accrued Expenses$1,338,075$1,041,431▼ $296,644
Other Liabilities$927,882$867,133▼ $60,749
Unsecured Notes Loans Payable$275,000$200,000▼ $75,000
Total Liabilities$11,972,931$5,345,386▼ $6,627,545
Net Assets / Fund Balance
Unrestricted Net Assets$1,086,709,112$1,437,118,843▲ $350,409,731
Temporarily Rstr Net Assets$2,475,982$2,743,164▲ $267,182
Total Net Assets Fund Balance$1,089,185,094$1,439,862,007▲ $350,676,913
Total Liabilities and Net Assets / Fund Balance$1,101,158,025$1,445,207,393▲ $344,049,368
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gregory W BakerPresident
Ann M MerkelDirector
Daniel H O'ConnellDirector
Steven R KoDirector
Kay E WhitakerTreasurer
Douglas W CoxVP/Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
RenPSGAdministrative srvcs8910 Purdue Road Suite 500, Indianapolis, IN 46268$5,909,877
Revenue and Support

Revenue Composition

Contributions and Grants
$446,215,475
Program Service Revenue
$0
Investment Income
$42,782,992
Other Revenue
$269,164
All Other Contributions
$446,215,475
Change in Net Assets
$273,520,830

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7,599$239,206,074Market quote
Secur Prtnrshp Trust Intrsts20$11,351,279Appraisal
Securities Closely Held Stock10$1,456,699Appraisal
Securities Miscellaneous6$408,648Appraisal
Other Non Cash Contri Table1$116,273Market quote
Total Noncash Contributions7,636$252,538,973-

Audited Revenue Reconciliation

Revenue per Audited Statements
$486,001,922
Revenue Not Reported on Financial Statements
$3,265,709
Revenue Not Reported on Form 990
$77,156,082
Total Revenue per Audited Statements
$563,158,004
Total Revenue per Form 990
$489,267,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$206,181,438
Other Expenses$9,565,363
Total Fundraising Expense$21,871
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$206,145,438--$206,145,438
Fees for Services Other-$5,978,177-$5,978,177
Fees for Service Investment Mgmnt Fees-$3,265,709-$3,265,709
Insurance-$147,732-$147,732
Fees for Services Accounting-$63,980-$63,980
Foreign Grants$36,000--$36,000
Interest-$15,699-$15,699
Advertising--$15,100$15,100
Fees for Services Legal-$7,047-$7,047
Information Technology--$5,655$5,655
Office Expenses-$5,240-$5,240
Travel--$1,116$1,116
Other Expenses-$66-$66
Total Functional Expenses$206,181,438$9,543,492$21,871$215,746,801

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$215,746,801
Expenses per Audited Statements$212,481,092
Total Expenses per Audited Statements$212,481,092
Expenses Not Reported on Financial Statements$3,265,709
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
View Attached Grant ReportSee Attached, IN--$206,145,438

International Summary

Spending
$36,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Southern AfricaGrantmakingN/a00$25,000
North AmericaGrantmakingN/a00$11,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-2 officersAdministration SrvcsNo$5,909,877
-of FoundationInterest expenseNo$6,951

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$170,000-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuities Payable$867,133
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Two current officers of the Foundation are also officers of Renaissance Philanthropic Solutions Group (RenPSG). All business transactions between the Foundation and Renaissance Philanthropic Solutions Group (RenPSG) are subject to the Foundation's governing documents, including the conflict of interest policy.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 is thoroughly reviewed by the President and the Treasurer of the Foundation before it is filed. The President is an attorney with extensive knowledge of the rules and regulations governing charitable organizations. The Treasurer is a CPA with a familiarity of the tax code affecting charitable organizations. The Form 990 is presented to the Foundation's board of directors after it has been filed.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The Foundation's written conflicts of interest policy has been part of the Foundation's bylaws since inception. The Foundation's board monitors and enforces the Foundation's conflict of interest policy. A Foundation director; any entity in which a director has a material interest; or an entity of which a Foundation director is a director, officer or trustee is subject to the Foundation's conflict of interest policy.Conflicts are identified, reported, and described at the transaction level in the board's written minutes for any meeting in which they are discussed. For each conflict transaction, the material facts of the transaction and the director's interest must be disclosed to the board. A conflicted director may not vote to authorize, approve or ratify a conflict transaction. The board must determine that the conflict transaction is fair and reasonable to the Foundation. Once this determination is made, a majority of the non-conflicted directors must vote to authorize, approve or ratify the conflict transaction.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Chairman of the Board and the President of the Foundation approve any compensation for officers based on the officer's experience and comparable compensation for similar positions at similar institutions. During the year ended December 31, 2017 the Foundation neither paid compensation to any officer nor reviewed any officer compensation arrangements.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Foundation's governing documents, conflict of interest policy and audited financial statements are available at the Foundation's headquarters, on the Foundation's website, and to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Renaissance Charitable Foundation Inc
EIN
35-2129262
Phone
8668030389
Address
8910 Purdue Road, Indianapolis, IN 46268

Signing Officer

Name
Gregory W Baker
Title
President
Signed
2018-11-14

Organization Details

Principal Officer
Gregory W Baker
Formed
2000
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Rounding = $1”

Raw XML AppendixShowing 400 of 638 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01338075
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01041431
IRS990/AccountsReceivableGrp/BOYAmt0353276
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Renaissance Charitable Foundation Inc. is a public benefit corporation that operates exclusively to conduct, support, encourage and assist religious, charitable, educational and other programs.
IRS990/AdvertisingGrp/FundraisingAmt015100
IRS990/AdvertisingGrp/TotalAmt015100
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0446215475
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Douglas W Cox
IRS990/BooksInCareOfDetail/PhoneNum08668030389
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08910 Purdue Road Suite 555
IRS990/BooksInCareOfDetail/USAddress/CityNm0Indianapolis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046268
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0110131
IRS990/CashNonInterestBearingGrp/EOYAmt0320229
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt05909877
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt08910 Purdue Road Suite 500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Indianapolis
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd046268
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RenPSG
IRS990/ContractorCompensationGrp/ServicesDesc0Administrative srvcs
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0446215475
IRS990/CYGrantsAndSimilarPaidAmt0206181438
IRS990/CYInvestmentIncomeAmt042782992
IRS990/CYOtherExpensesAmt09565363
IRS990/CYOtherRevenueAmt0269164
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0273520830
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0215746801
IRS990/CYTotalFundraisingExpenseAmt021871
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0489267631
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0During the 12 months ended December 31, 2017 the Foundation made 41,580 grants to over 15,974 qualifying charitable recipients.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0206181438
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt063980
IRS990/FeesForServicesAccountingGrp/TotalAmt063980
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07047
IRS990/FeesForServicesLegalGrp/TotalAmt07047
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05978177
IRS990/FeesForServicesOtherGrp/TotalAmt05978177
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03265709
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03265709
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt036000
IRS990/ForeignGrantsGrp/TotalAmt036000
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt01
IRS990/Form8282PropertyDisposedOfInd0true
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Daniel H O'Connell
IRS990/Form990PartVIISectionAGrp/PersonNm1Ann M Merkel
IRS990/Form990PartVIISectionAGrp/PersonNm2Steven R Ko
IRS990/Form990PartVIISectionAGrp/PersonNm3Gregory W Baker
IRS990/Form990PartVIISectionAGrp/PersonNm4Douglas W Cox
IRS990/Form990PartVIISectionAGrp/PersonNm5Kay E Whitaker
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-17500
IRS990/GainOrLossGrp/SecuritiesAmt015829388
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0206181438
IRS990/GrantsPayableGrp/BOYAmt09431974
IRS990/GrantsPayableGrp/EOYAmt03066822
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0206145438
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0206145438
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0102500
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0296077216
IRS990/GrossReceiptsAmt0769635459
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt05655
IRS990/InformationTechnologyGrp/TotalAmt05655
IRS990/InsuranceGrp/ManagementAndGeneralAmt0147732
IRS990/InsuranceGrp/TotalAmt0147732
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt015699
IRS990/InterestGrp/TotalAmt015699
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt026971104
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026971104
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0253106937
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0155967161
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0706306330
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01114785173
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0120000
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0280247828
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0170000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Renaissance Charitable Foundation Inc. is a public benefit corporation that operates exclusively to conduct, support, encourage and assist religious, charitable, educational and other programs.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt01089185094
IRS990/NetAssetsOrFundBalancesEOYAmt01439862007
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt015811888
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt015811888
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt077156082
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0252538973
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05240
IRS990/OfficeExpensesGrp/TotalAmt05240
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03426032
IRS990/OtherAssetsTotalGrp/EOYAmt03632810
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Bank Fees
IRS990/OtherExpensesGrp/Desc1Miscellaneous fees
IRS990/OtherExpensesGrp/Desc2Dues & Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037434
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122408
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt266
IRS990/OtherExpensesGrp/TotalAmt037434
IRS990/OtherExpensesGrp/TotalAmt122408
IRS990/OtherExpensesGrp/TotalAmt266
IRS990/OtherLiabilitiesGrp/BOYAmt0927882
IRS990/OtherLiabilitiesGrp/EOYAmt0867133
IRS990/OtherRevenueMiscGrp/BusinessCd0525920
IRS990/OtherRevenueMiscGrp/Desc0Split Interest Agreements
IRS990/OtherRevenueMiscGrp/ExclusionAmt0269164
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0269164
IRS990/OtherRevenueTotalAmt0269164
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Gregory W Baker
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0331679221
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0181839410
IRS990/PYInvestmentIncomeAmt022952825
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt07364390
IRS990/PYOtherRevenueAmt0-1072378
IRS990/PYRevenuesLessExpensesAmt0164286333
IRS990/PYSalariesCompEmpBnftPaidAmt069535
IRS990/PYTotalExpensesAmt0189273335
IRS990/PYTotalRevenueAmt0353559668
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0273520830
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0137850319
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0170502020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0446215475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0331679221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0350383666
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0198471041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0140087804
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01466837207
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026971104
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022063190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020266834
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018582814
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010084410
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt097968352
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90840
IRS990ScheduleA/PublicSupportPY170Pct00.87630
IRS990ScheduleA/PublicSupportTotal170Amt01421539172
IRS990ScheduleA/SubstantialContributorsTotAmt045298035
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0446215475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0331679221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0350383666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0198471041
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140087804
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01466837207
IRS990ScheduleA/TotalSupportAmt01564805559
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0440975351
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0206181438
IRS990ScheduleD/DonorAdvisedFundsHeldCnt07861
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt01443410007
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03265709
IRS990ScheduleD/ExpensesSubtotalAmt0212481092
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt03265709
IRS990ScheduleD/InvestmentExpensesNotIncldAmt03265709
IRS990ScheduleD/NetUnrealizedGainsInvstAmt077156082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0867133
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Annuities Payable
IRS990ScheduleD/RevenueNotReportedAmt077156082
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03265709
IRS990ScheduleD/RevenueSubtotalAmt0486001922
IRS990ScheduleD/TotalBookValueSecuritiesAmt0155967161
IRS990ScheduleD/TotalExpensesPerForm990Amt0215746801
IRS990ScheduleD/TotalLiabilityAmt0867133
IRS990ScheduleD/TotalRevenuePerForm990Amt0489267631
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0563158004
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0212481092
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt011000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt125000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Southern Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0N/A
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1N/A
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grantmaking
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grantmaking
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0true
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt011000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt125000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Check
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1Check
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0General fund
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1General funds
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1Southern Africa
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0n/a
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1n/a
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt036000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Renaissance Charitable Foundation Inc. (Foundation) applies a risk-based approach to its grant making decisions, which is executed per our written Grantmaking Due Diligence Policy. Our overall policy encompasses grants to charities inside the United States as well as to organizations outside the United States. This policy is designed to substantially reduce the danger of our grants being: made to an organization engaged in terrorist activities; used for non-charitable purposes; or made to an organization known by the Foundation to violate its agreements. The recipient of each of the Foundations grants must agree to fully expend the grant money exclusively for purposes that the Foundation deems are charitable purposes.The Foundations due diligence activity for grant recipients that are foreign organizations include conversations between the Foundations officers and the proposed grantees officers/directors. If both organizations agree to continue working together to consider the grant, the proposed grantee submits an executed affidavit to the Foundation along with supporting documentation that describes the following information about the proposed grantee: organization structure; charitable operations; leadership personnel and structure; financial situation; and procedures upon dissolution. The Foundations purpose in reviewing such affidavit and supporting documentation is to learn whether the Foundation (or its counsel) can make a good faith determination that the proposed grantee is an organization that could be described in 509(a)(1), (2), or (3) of the US Internal Revenue Code. If the Foundation determines the answer is yes, then the Foundation and the proposed grantee may enter into a formal, written grant agreement, which describes the timing and charitable purpose of the grant as well as the grantees post-grant obligations. Before making a grant to a foreign organization, the Foundation conducts a terrorist check on both the organization and its key leaders through a third-party service. The Foundations general policy for making grants to foreign organizations is to wire cash from one of the Foundations checking accounts to an account in the name of the grantee.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Line 1 - Method of Accounting
IRS990ScheduleF/Total501c3OrgCnt03
IRS990ScheduleF/TotalSpentAmt036000
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0206145438
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0View Attached Grant Report
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0View Attached Grant Report
IRS990ScheduleI/RecipientTable/USAddress/CityNm0See Attached
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046268
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0During the year the Foundation only made grants to publicly supported Sec. 501(c)(3) charities. The Foundation performs substantive due diligence procedures to confirm the eligibility of each grant recipient. The Foundation maintains a record of the qualified status of each recipient charity.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt04409
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,445,207,393
Liabilities
$5,345,386
Net assets
$1,439,862,007
Revenue
$489,267,631
Expenses
$215,746,801
Net income
$273,520,830
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5,914$16.9$5,897$2,436$802$1,634
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4,181$35.7$4,146$1,460$593$867
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,083$13.1$3,069$987$471$516
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,073$11.9$3,061$1,643$435$1,208
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,808$10.5$1,797$543$405$138
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,623$15.6$1,608$456$490$33.9
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,495$24.7$1,470$475$337$138
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,456$5.35$1,451$489$216$274
2017Detailed filing. Detailed filing data is available for this year.$1,445$5.35$1,440$489$216$274