Barra Foundation Inc
- Assets
- $0.0
- Revenue
- $3.7m
- Investments
- $76.9m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/1963
- Data as of
- 12/2020
- EIN
- 23-6277885
Organization Overview
Barra Foundation Inc is located in Philadelphia, PA. The organization was established in 1963. 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. Barra 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 12/2020, Barra Foundation Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $5.0m during the year ending 12/2020. While expenses have increased by 2.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Barra Foundation Inc has awarded 546 individual grants totaling $14,622,138. 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 |
|---|---|---|---|
Kristina L Wahl President, Treasurer | 40 | $254,072 | |
Kristi M Poling Program Director | 40 | $134,488 | |
Linda Rich Senior Program Offic | 40 | $128,121 | |
Victoria Mcneil Le Vine Secretary | 1 | $0 | |
Valerie V Gay Director | 1 | $0 | |
Clayton Gates Mcneil Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crewical Partners Llc | 12/30/21 | $110,695 |
Wilmington Trust | 12/30/21 | $60,852 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $57,220 |
| Interest on Savings | $0 |
| Dividends & Interest | $507,759 |
| Profit on Inventory Sales | $0 |
| Other Income | $931,358 |
| Total Revenue | $3,667,037 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $277,932 |
| Pension plans, employee benefits | $42,110 |
| Depreciation | $0 |
| Occupancy | $31,242 |
| Travel, conferences, and meetings | $20,469 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,198,594 |
| Contributions, gifts, grants paid | $3,819,065 |
| Total expenses and disbursements | $5,017,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,961 |
| Investments—mortgage loans | $0 |
| Investments—other | $33,094,755 |
| Other assets | $350,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Barra Foundation Inc has awarded $4,825,750 in support to 130 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: CATALYST FUND GRANT - $212,500, RECOVERY AND RESPONSE GRANT - $100,000 | $312,500 |
Philadelphia, PA PURPOSE: RECOVERY AND RESPONSE GRANT | $300,000 |
Philadelphia, PA PURPOSE: CATALYST FUND GRANT | $300,000 |
CENTER FOR BLACK EDUCATOR DEVELOPMENT PURPOSE: RECOVERY AND RESPONSE GRANT | $200,000 |
Philadelphia, PA PURPOSE: RECOVERY AND RESPONSE GRANT | $200,000 |
Philadelphia, PA PURPOSE: RECOVERY AND RESPONSE GRANT | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |