Barger Family Charitable Foundation Tr is located in Mattoon, IL. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barger Family Charitable Foundation Tr 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 09/2023, Barger Family Charitable Foundation Tr generated $5.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $9.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATIVE EXPENSES RELATED TO ADMINISTRATION FOR SCHOLARSHIPS: TRUSTEE FEES 1186 SCHOLARSHIP PROCESSING FEES 39
SCHOLARSHIPS (SEE ATTACHED SCHEDULE OF RECIPIENTS) AWARDED TO STUDENTS ATTENDING VARIOUS INSTITUTIONS
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$701 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $437 |
| Total Revenue | $5,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,373 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39 |
| Total operating and administrative expenses | $2,556 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $9,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,739 |
| 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 | $179,783 |
| 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 |
Over the last fiscal year, Barger Family Charitable Foundation Tr has awarded $7,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ABBIGAIL KEPP PURPOSE: SCHOLARSHIP | $700 |
MATTHEW CARPENTER PURPOSE: SCHOLARSHIP | $700 |
LOGAN MACDONALD PURPOSE: SCHOLARSHIP | $700 |
CANYN BORNTRAGER PURPOSE: SCHOLARSHIP | $700 |
HANNAH SPAIN PURPOSE: SCHOLARSHIP | $700 |
PAT EASTIN PURPOSE: SCHOLARSHIP | $700 |