Civic Intelligence

Renaissance Charitable Foundation Inc.

990 • Fiscal year 2020 • EIN 35-2129262

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

8910 Purdue Road 555Indianapolis, IN 46268

(866) 803-0389

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.01x

Higher debt load relative to assets than 5% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Liabilities / Revenue

4th percentile

0.02x

Higher debt load relative to revenue than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Net Margin

85th percentile

25%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Top Officer Pay

2nd percentile

$0

Higher top officer pay than 2% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Asset Growth

55th percentile

11%

Faster asset growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

19%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,807,537,083

Up $184,336,679 (+11%) from 2019

Net Assets

Up

$1,797,066,831

Up $189,490,164 (+12%) from 2019

Liabilities

Down

$10,470,252

Down $5,153,485 (-33%) from 2019

Revenue

Up

$542,838,666

Up $86,369,096 (+19%) from 2019

Expenses

Down

$404,582,618

Down $85,774,571 (-17%) from 2019

Net Income

Up

$138,256,048

Up $172,143,667 (+508%) from 2019

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: $1,455,988,647Liabilities 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

2020

Assets$1,807,537,083
Liabilities$10,470,252
Net Assets$1,797,066,831

Operations Trend

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

$3.0B$2.0B$1.0B$0-$1.0BRevenue 2017: $489,266,633Expenses 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

2020

Revenue$542,838,666
Expenses$404,582,618
Net Income$138,256,048
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$1,312,510,890
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$1,283,742,536$1,409,274,303▲ $125,531,767
Savings and Temporary Cash Investments$180,264,921$230,684,699▲ $50,419,778
Investments Other Securities$108,253,974$125,597,191▲ $17,343,217
Cash and Non-Interest-Bearing Accounts$28,645,871$30,750,424▲ $2,104,553
Pledges and Grants Receivable$1,665,520$2,223,238▲ $557,718
Loans From Officers Directors$184,683$184,683→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,623,200,404$1,807,537,083▲ $184,336,679
Other Assets Total$20,627,582$9,007,228▼ $11,620,354
Liabilities
Grants Payable$13,100,549$8,144,198▼ $4,956,351
Accounts Payable and Accrued Expenses$1,527,126$1,329,550▼ $197,576
Other Liabilities$811,379$811,821▲ $442
Total Liabilities$15,623,737$10,470,252▼ $5,153,485
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,605,151,760$1,794,513,736▲ $189,361,976
Net Assets With Donor Restrictions$2,424,907$2,553,095▲ $128,188
Total Net Assets Fund Balance$1,607,576,667$1,797,066,831▲ $189,490,164
Total Liabilities and Net Assets / Fund Balance$1,623,200,404$1,807,537,083▲ $184,336,679
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gregory W BakerPresident/Direc
Ann M MerkelDirector
Daniel H O'ConnellDirector
Steven R KoDirector
Andy BartonTreasurer/Direc
Douglas W CoxVP/Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Renaissance Administration LLCAdministrative srvcs8910 Purdue Road Suite 500, Indianapolis, IN 46268$7,514,718
Revenue and Support

Revenue Composition

Contributions and Grants
$469,712,458
Program Service Revenue
$0
Investment Income
$65,095,479
Other Revenue
$8,030,729
All Other Contributions
$469,087,763
Change in Net Assets
$138,256,048

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7,173$251,710,808High-Low
Securities Miscellaneous7$21,207,449Appraisal
Secur Prtnrshp Trust Intrsts15$6,579,227Appraisal
Securities Closely Held Stock5$3,416,489Appraisal
Real Estate Residential3$624,695Appraisal
Other Non Cash Contri Table1$560,350Face Value
Other Non Cash Contri Table6$107,000Appraisal
Other Non Cash Contri Table3$55,407Market Value
Cars and Other Vehicles1$8,000Appraisal
Total Noncash Contributions7,214$284,269,425-

Audited Revenue Reconciliation

Revenue per Audited Statements
$537,082,156
Revenue Not Reported on Financial Statements
$5,756,510
Revenue Not Reported on Form 990
$51,234,116
Total Revenue per Audited Statements
$588,316,272
Total Revenue per Form 990
$542,838,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$391,008,399
Other Expenses$13,574,219
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$391,000,174--$391,000,174
Fees for Services Other-$7,620,677-$7,620,677
Fees for Service Investment Mgmnt Fees-$5,756,510-$5,756,510
Insurance-$133,377-$133,377
Other Expenses-$35,720-$35,720
Advertising-$20,150-$20,150
Foreign Grants$8,225--$8,225
Interest-$7,785-$7,785
Total Functional Expenses$391,008,399$13,574,219$0$404,582,618

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$404,582,618
Expenses per Audited Statements$398,826,108
Total Expenses per Audited Statements$398,826,108
Expenses Not Reported on Financial Statements$5,756,510
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
View Attached Grant ReportSee Attached, IN501(c)(3)Various purposes under IRC 170(c)$352,409,519

International Summary

Spending
$8,225

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeGrantmakingn/a00$5,000
North AmericaGrantmakingn/a00$2,225
Sub-Saharan AfricaGrantmakingn/a00$1,000
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
-See StatementAdministration SrvcsNo$7,514,718
-See StatementInterest expenseNo$7,785

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$184,683$184,683→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuities Payable$811,821
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 35% controlled entity
No
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
Yes

Governance Explanations

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

One current officer of the Foundation is also an officer 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 3: Description of Delegated Duties to Management Company

The organization outsources management and administrative services to Renaissance Administration LLC. Renaissance Administration LLC maintains the books and records, prepares tax returns and other required regulatory filings, and provides staff, resources, and professional expertise to carry out its administrative responsibilities for the organization.

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

The Form 990 is 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 extensive knowledge of financial statements and tax returns. The Form 990 is presented to the Foundation's full 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, 2020 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, tax returns, 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 555, Indianapolis, IN 46268

Signing Officer

Name
Gregory W Baker
Title
President
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory W Baker
Formed
2000
Legal Domicile
In
Voting Board Members
5
Independent Board Members
3
Employees
0

Preparer

Firm
Renaissance Administration LLC
Address
8910 Purdue Rd Suite 500, Indianapolis, IN 46268
Preparer
Joseph R Gianforte
Phone
8008430050
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Foundation is organized as a not-for-profit corporation under Section 501(c)(3) of the IRC.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Foundation and recognize a tax liability if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the Foundation, and has concluded that as of December 31, 2020 and 2019, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying consolidated financial statements. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. As such, the Foundation is generally exempt from income taxes. However, the Foundation is required to file Federal Form 990 Return of Organization Exempt from Income Tax which is an informational return only. With the exception of RST, the activities of the RSGF subsidiaries are combined with the activities of the Foundation for tax purposes. RST files a separate return that is not consolidated with the Foundation and other supporting entities.

Raw XML AppendixShowing 400 of 714 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/BOYAmt01527126
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01329550
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/ManagementAndGeneralAmt020150
IRS990/AdvertisingGrp/TotalAmt020150
IRS990/AllOtherContributionsAmt0469087763
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/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt028645871
IRS990/CashNonInterestBearingGrp/EOYAmt030750424
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/CompensationAmt07514718
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/BusinessNameLine1Txt0Renaissance Administration LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Administrative srvcs
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0469712458
IRS990/CYGrantsAndSimilarPaidAmt0391008399
IRS990/CYInvestmentIncomeAmt065095479
IRS990/CYOtherExpensesAmt013574219
IRS990/CYOtherRevenueAmt08030729
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0138256048
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0404582618
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0542838666
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0During the 12 months ended December 31, 2020 the Foundation made 70,000+ grants to over 15,000 qualifying charitable recipients.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02424907
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02553095
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0391008399
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt07620677
IRS990/FeesForServicesOtherGrp/TotalAmt07620677
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt05756510
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt05756510
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt08225
IRS990/ForeignGrantsGrp/TotalAmt08225
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt012
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/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm4Andy Barton
IRS990/Form990PartVIISectionAGrp/PersonNm5Douglas W Cox
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/Direc
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer/Direc
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP/Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt033405
IRS990/GainOrLossGrp/SecuritiesAmt027369685
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0391008399
IRS990/GrantsPayableGrp/BOYAmt013100549
IRS990/GrantsPayableGrp/EOYAmt08144198
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0391000174
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0391000174
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01623517
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0795451797
IRS990/GrossReceiptsAmt01312510890
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0133377
IRS990/InsuranceGrp/TotalAmt0133377
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt07785
IRS990/InterestGrp/TotalAmt07785
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt037692389
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037692389
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0108253974
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0125597191
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01283742536
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01409274303
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01590112
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0768082112
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0184683
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0184683
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/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01607576667
IRS990/NetAssetsOrFundBalancesEOYAmt01797066831
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt027403090
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt027403090
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt093408
IRS990/NetUnrlzdGainsLossesInvstAmt051234116
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01605151760
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01794513736
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0284269425
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020627582
IRS990/OtherAssetsTotalGrp/EOYAmt09007228
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Miscellaneous fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035720
IRS990/OtherExpensesGrp/TotalAmt035720
IRS990/OtherLiabilitiesGrp/BOYAmt0811379
IRS990/OtherLiabilitiesGrp/EOYAmt0811821
IRS990/OtherRevenueMiscGrp/Desc0Adminstration fees
IRS990/OtherRevenueMiscGrp/Desc1Split Interest Agreements
IRS990/OtherRevenueMiscGrp/ExclusionAmt0120497
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07910232
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07910232
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1120497
IRS990/OtherRevenueTotalAmt08030729
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01665520
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02223238
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Gregory W Baker
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0351743248
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0480073268
IRS990/PYInvestmentIncomeAmt096908030
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt010283921
IRS990/PYOtherRevenueAmt07818292
IRS990/PYRevenuesLessExpensesAmt0-33887619
IRS990/PYTotalExpensesAmt0490357189
IRS990/PYTotalRevenueAmt0456469570
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0138256048
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RelatedOrganizationsAmt0624695
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0180264921
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0230684699
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0469712458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0480073268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0422905164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0446168582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0331679221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02150538693
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037692389
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044948800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt038848261
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027016999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt022063190
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0170569639
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt015732656
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92650
IRS990ScheduleA/PublicSupportPY170Pct00.92050
IRS990ScheduleA/PublicSupportTotal170Amt02150538693
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0469712458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0480073268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0422905164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0446168582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0331679221
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02150538693
IRS990ScheduleA/TotalSupportAmt02321108332
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0469712458
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0391008399
IRS990ScheduleD/DonorAdvisedFundsHeldCnt010119
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt01772010326
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt05756510
IRS990ScheduleD/ExpensesSubtotalAmt0398826108
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt05756510
IRS990ScheduleD/InvestmentExpensesNotIncldAmt05756510
IRS990ScheduleD/NetUnrealizedGainsInvstAmt051234116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0811821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Annuities Payable
IRS990ScheduleD/RevenueNotReportedAmt051234116
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt05756510
IRS990ScheduleD/RevenueSubtotalAmt0537082156
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is organized as a not-for-profit corporation under Section 501(c)(3) of the IRC.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Foundation and recognize a tax liability if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the Foundation, and has concluded that as of December 31, 2020 and 2019, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying consolidated financial statements. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. As such, the Foundation is generally exempt from income taxes. However, the Foundation is required to file Federal Form 990 Return of Organization Exempt from Income Tax which is an informational return only. With the exception of RST, the activities of the RSGF subsidiaries are combined with the activities of the Foundation for tax purposes. RST files a separate return that is not consolidated with the Foundation and other supporting entities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueSecuritiesAmt0125597191
IRS990ScheduleD/TotalExpensesPerForm990Amt0404582618
IRS990ScheduleD/TotalLiabilityAmt0811821
IRS990ScheduleD/TotalRevenuePerForm990Amt0542838666
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0588316272
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0398826108
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt02225
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt11000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt25000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0n/a
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1n/a
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2n/a
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grantmaking
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grantmaking
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Grantmaking
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt08225
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/TotalSpentAmt08225
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0352409519
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0n/a
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Various purposes under IRC 170(c)
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/RecipientTable/ValuationMethodUsedDesc0n/a
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/Total501c3OrgCnt04982
IRS990ScheduleI/TotalOtherOrgCnt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1B+ nonprofits