Byers Foundation
- Assets
- $3.6m
- Revenue
- $142.5k
- Investments
- $3.2m
- Employees
- 0
- Location
- Chalfont, PA
- Founding
- 07/1986
- Data as of
- 12/2022
- EIN
- 23-2406657
Organization Overview
Byers Foundation is located in Chalfont, PA. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Byers 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 12/2022, Byers Foundation generated $142.5k 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 (13.3%) each year. All expenses for the organization totaled $29.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (45.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Byers Foundation has awarded 18 individual grants totaling $691,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Leslie Byers President | 2 | $0 | |
Jeffrey D Byers Vice President | 2 | $0 | |
Joyce F Byers Secretary Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $165 |
| Dividends & Interest | $63,907 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$121,549 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $532 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,299 |
| Total operating and administrative expenses | $29,654 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $29,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,828 |
| 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 | $5,366 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,155,508 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,588,702 |
| 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, Byers Foundation has awarded $691,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ANN SILVERMAN COMMUNITY HEALTH CLIN PURPOSE: HEALTH SUPPORT FOR A LOCAL CLINIC | $25,000 |
BOY SCOUTS OF AMERICA PURPOSE: FOR BOYS AND GIRLS PROGRAMS TEACHING RESPONSIBILITY | $10,000 |
BUCKS BEAUTIFUL PURPOSE: PROVIDE SUPPORT FOR BEAUTIFYING TOWNS, SCHOOLS, PARKS, ROADSIDES AND PATHWAYS THROUGHOUT BUCKS COUNTY. | $50,000 |
COLONIAL WILLIAMSBURG FOUNDATION PURPOSE: TO SUPPORT THE PRESERVATION OF HISTORIC BUILDINGS AND EDUCATIONAL ACTIVITIES. | $5,000 |
CHURCH OF THE OPEN DOOR PURPOSE: TO PROVIDE RELIGIOUS SUPPORT FOR A LOCAL CHURCH | $1,000 |
COUNTY THEATER PURPOSE: SUPPORT A LOCAL THEATER FOR THE PERFORMING ARTS AND THEIR EXPANSION | $40,000 |