Bailey Family Foundation Inc
- Assets
- $126.2k
- Revenue
- $1.7k
- Investments
- $87.3k
- Employees
- 0
- Location
- Naples, FL
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 22-3768811
Organization Overview
Bailey Family Foundation Inc is located in Naples, FL. The organization was established in 2001. 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. Bailey Family Foundation Inc 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 12/2022, Bailey Family Foundation Inc generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (58.8%) each year. All expenses for the organization totaled $51.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bailey Family Foundation Inc has awarded 12 individual grants totaling $164,670. 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 |
|---|---|---|---|
James L Bailey Director/president/as Req'd | 0 | $0 | |
Judith A Bailey Director/vice-President/as Req'd | 0 | $0 | |
Sara F Bailey Director/secretary/as Req'd | 0 | $0 | |
Elizabeth Bailey Rodgers Director/treasurer/as Req'd | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $61 |
| Dividends & Interest | $4,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,927 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57 |
| Total Revenue | $1,695 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,697 |
| Contributions, gifts, grants paid | $45,620 |
| Total expenses and disbursements | $51,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,900 |
| 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 | $27,232 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $126,213 |
| 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, Bailey Family Foundation Inc has awarded $77,865 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BAY COLONY GOLF CLUB PURPOSE: SOCIAL PURPOSES | $1,000 |
BGSU FOUNDATION PURPOSE: EDUCATIONAL PURPOSES | $5,000 |
CATHOLIC ACADEMIES OF BRIDGEPORT PURPOSE: EDUCATIONAL PURPOSES | $68,865 |
ST JOHN NEUMANN CATHOLIC HIGH SCHOOL PURPOSE: EDUCATIONAL PURPOSES | $1,000 |
CHILD GUIDANCE CENTER OF SOUTHERN CONNECTICUT PURPOSE: HEALTH PURPOSES | $2,000 |