Lawrence And Isabel Barnett Charitable Foundation
- Assets
- $19.6m
- Revenue
- $690.7k
- Investments
- $18.8m
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 02/2006
- Data as of
- 08/2020
- EIN
- 20-2761633
Organization Overview
Lawrence And Isabel Barnett Charitable Foundation is located in White Plains, NY. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations.
For the year ending 08/2020, Lawrence And Isabel Barnett Charitable Foundation generated $690.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $1.8m during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lawrence And Isabel Barnett Charitable Foundation has awarded 89 individual grants totaling $8,606,015. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence R Barnett Jr Director And Secretary | 20 | $90,000 | |
Laurey J Barnett Director And Assistant Sec | 0.5 | $0 | |
James Joseph Barnett Director And Assistant Sec | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $164 |
| Dividends & Interest | $385,370 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $227,806 |
| Capital Gain Net Income | $227,806 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,383 |
| Total Revenue | $690,723 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,442 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $452 |
| Printing and publications | $0 |
| Other expenses | $199 |
| Total operating and administrative expenses | $261,898 |
| Contributions, gifts, grants paid | $1,499,819 |
| Total expenses and disbursements | $1,761,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,139 |
| Savings and temporary cash investments | $761,004 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,466,747 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,640,639 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $75,828 |
| Total liabilities | $75,828 |
Grants Awarded
Over the last fiscal year, Lawrence And Isabel Barnett Charitable Foundation has awarded $1,499,819 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY PURPOSE: UNRESTRICTED | $688,000 |
ALS ASSOCIATION PURPOSE: UNRESTRICTED | $500,000 |
USC MARSHALL SCHOOL OF BUSINESS PURPOSE: UNRESTRICTED | $86,000 |
EMILY KRZYZEWSKI CENTER PURPOSE: UNRESTRICTED | $50,000 |
Oakland, CA PURPOSE: UNRESTRICTED | $46,152 |
UNIVERSITY OF MICHIGAN PURPOSE: UNRESTRICTED | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gavin Foundation Inc South Boston, MA | $18,354,097 | $19,548,801 |
Max And Marian Farash Charitable Foundation Rochester, NY | $296,597,952 | $18,122,781 |
Stephen A Schwarzman Education Foundation New York, NY | $0 | $19,938,264 |
Estee Lauder Companies Charitable Foundation New York, NY | $12,979,151 | $24,036,926 |
Esl Charitable Foundation Inc Rochester, NY | $61,788,187 | $20,157,692 |
Synchrony Foundation Stamford, CT | $79,905,450 | $19,183,499 |
Dolphin Charitable Foundation Boston, MA | $0 | -$101,763 |
Tr Ua 06162003 New York, NY | $27,782,680 | $151,457 |
Brook J Lenfest Foundation Inc West Conshohocken, PA | $22,450,145 | $4,509,422 |
Elias Family Charitable Trust C/O Elias Family Management Company Llc Merion Station, PA | $5,899,866 | $387,195 |
The Healey International Relief Foundation Inc Lumberton, NJ | $383,736 | $12,263,208 |
Price Family Foundation Inc Far Hills, NJ | $0 | $13,901,817 |