Chris And Connie Burnett Foundation
- Assets
- $526.0k
- Revenue
- $23.6k
- Investments
- $495.0k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 03/2006
- Data as of
- 07/2023
- EIN
- 20-3386143
Organization Overview
Chris And Connie Burnett Foundation is located in Oklahoma City, OK. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Chris And Connie Burnett Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Chris And Connie Burnett Foundation generated $23.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $37.8k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chris And Connie Burnett Foundation has awarded 30 individual grants totaling $163,650. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Tatum Burnett President | 1 | $0 | |
Chris Burnett Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $186 |
| Dividends & Interest | $11,954 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,490 |
| Capital Gain Net Income | $11,490 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,630 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,835 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $37,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,975 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $525,952 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chris And Connie Burnett Foundation has awarded $30,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CLEATS FOR KIDS PURPOSE: UNRESTRICTED | $15,000 |
OSU FOUNDATION PURPOSE: UNRESTRICTED | $5,000 |
PI BETA PHI FOUNDATION PURPOSE: UNRESTRICTED | $5,000 |
LIMBS FOR LIFE PURPOSE: UNRESTRICTED | $1,000 |
JUNIOR ACHIEVEMENT OF OK PURPOSE: UNRESTRICTED | $1,000 |
POSITIVE TOMORROWS PURPOSE: UNRESTRICTED | $1,000 |