Barr Foundation
- Assets
- $3.9m
- Revenue
- $1.2m
- Investments
- $3.4m
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 06/1997
- Data as of
- 06/2022
- EIN
- 31-1518708
Organization Overview
Barr Foundation is located in Chesapeake, VA. The organization was established in 1997. 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. Barr 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 06/2022, Barr Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $378.6k during the year ending 06/2022. While expenses have increased by 12.0% per year over the past 6 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 2015, Barr Foundation has awarded 613 individual grants totaling $770,412. 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 |
|---|---|---|---|
Janice Pfaffinger Secretary | 20 | $51,691 | |
Elena B Baum Director/ Vp/ Treasurer | 10 | $35,625 | |
Clay H Barr President/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $191,250 |
| Interest on Savings | $4,475 |
| Dividends & Interest | $75,073 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $950,966 |
| Capital Gain Net Income | $950,966 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,221,764 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,625 |
| Other employee salaries and wages | $51,691 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,387 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,467 |
| Total operating and administrative expenses | $168,156 |
| Contributions, gifts, grants paid | $210,400 |
| Total expenses and disbursements | $378,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $474,883 |
| 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 | $510,319 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,870,922 |
| 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, Barr Foundation has awarded $210,400 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $80,000 |
UNIVERSITY OF VIRGINIA - FRALIN MUSEUM PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $50,000 |
AMERICAN CANCER ASSOCIATION PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $7,650 |
EVMS PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $5,150 |
JEWISH MUSEUM CONTEMPORARY ARTS COUNCIL PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $4,000 |
VIRGINIA WESLEYAN COLLEGE LIBRARY PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $2,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |