Rosalyn and Richard Slifka Charitable Trust

Nonprofit profile at a glance

EIN
046560021
IRS 990-PF coverage
2019–2024
Forms available
Form 990-PF 2024
Location
Waltham, MA, USA
Phone
7818948800
Rating
89
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$340,183
Expenses
$3,185,667

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Rosalyn and Richard Slifka Charitable Trust is a nonprofit. Location: Waltham, MA. EIN 046560021.

What it reported funding in 2024

The foundation reported 38 filed grant rows totaling $3,053,000. The stated grant purposes included to empower older adults to live with purpose and dignity., to meet jewish new yorkers where they are and connect them to their spiritual and cultural inheritance., and to provide educational and social enrichment to disadvantaged children and community members; to increase the nutritional security of impoverished individuals in our service area; to care for and strengthen the emotional and mental well-being of our program participants., plus 34 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 96
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 2

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 95th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 95.8%; rating input score 96; 86th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 1.89; rating input score 2; 2nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 2th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 38 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 2/100.