Barra Foundation Inc
- Assets
- $82.2m
- Revenue
- $4.5m
- Investments
- $76.9m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/1963
- Data as of
- 12/2023
- 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 12/2023, Barra Foundation Inc generated $4.5m 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 (7.5%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Barra Foundation Inc has awarded 733 individual grants totaling $23,688,838. 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.
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 |
|---|---|---|---|
Kristina L Wahl President, Treasurer | 40 | $294,083 | |
Matthew Bergheiser Chairman | 5 | $0 | |
Victoria Mcneil Le Vine Secretary | 1 | $0 | |
Emily L Turner Assistant Treasurer | 1 | $0 | |
Michael Dipiano Director | 1 | $0 | |
Stacy E Holland Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Glenmede | 12/30/23 | $85,264 |
Wilmington Trust | 12/30/23 | $76,670 |
Cliftonlarsonallen Llp | 12/30/23 | $57,540 |
Crewical Partners Llc | 12/30/23 | $67,601 |
Cogent Consulting Inc | 12/30/23 | $57,125 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $519,225 |
| Interest on Savings | $0 |
| Dividends & Interest | $774,246 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,810,536 |
| Capital Gain Net Income | $5,348,765 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $368,633 |
| Total Revenue | $4,472,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $317,821 |
| Other employee salaries and wages | $427,291 |
| Pension plans, employee benefits | $66,287 |
| Interest | $0 |
| Taxes | $104,860 |
| Depreciation | $0 |
| Occupancy | $60,661 |
| Travel, conferences, and meetings | $13,666 |
| Printing and publications | $0 |
| Other expenses | $264,240 |
| Total operating and administrative expenses | $1,787,896 |
| Contributions, gifts, grants paid | $3,347,535 |
| Total expenses and disbursements | $5,135,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,080 |
| Savings and temporary cash investments | $2,452,111 |
| 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 | $18,551 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $22,230,782 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,686,453 |
| Total assets | $82,165,197 |
| Accounts payable and accrued expenses | $64,553 |
| Grants payable | $2,578,935 |
| 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 | $2,643,488 |
Grants Awarded
Over the last fiscal year, Barra Foundation Inc has awarded $4,831,700 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL ACTIVITIES PARTNERSHIP PURPOSE: ENTITY SUPPORT - STAFF GRANT | $500 |
BUILDING 21 PURPOSE: ENTITY SUPPORT - DIRECTOR'S GRANT | $17,000 |
BARTRAM'S GARDEN PURPOSE: MISSION ALIGNED INVESTMENT GRANT | $10,000 |
ART-REACH PURPOSE: CATALYST FUND GRANT | $100,000 |
CAPE ELEUTHERA FOUNDATION PURPOSE: ENTITY SUPPORT - DIRECTOR'S GRANT | $10,000 |
CEASEFIRE PENNSYLVANIA EDUCATION FUND PURPOSE: ENTITY SUPPORT - DIRECTOR'S GRANT | $5,000 |