Barnitz Fund
- Assets
- $1.4m
- Revenue
- $42.3k
- Investments
- $1.3m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/1969
- Data as of
- 12/2022
- EIN
- 31-6020687
Organization Overview
Barnitz Fund is located in Chicago, IL. The organization was established in 1969. 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. Barnitz Fund 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, Barnitz Fund generated $42.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $110.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Barnitz Fund has awarded 51 individual grants totaling $462,600. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,782 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,455 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,544 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,798 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,053 |
| Total operating and administrative expenses | $35,812 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $110,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,970 |
| Savings and temporary cash investments | $21,958 |
| 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 | $76,600 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $105,400 |
| Total assets | $1,444,429 |
| 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, Barnitz Fund has awarded $75,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN CHURCH PURPOSE: GENERAL | $12,000 |
MIDDLETOWN CIVIC CHORUS PURPOSE: GENERAL | $1,000 |
MIDDLETOWN AREA NEEDIEST YOUTH PURPOSE: GENERAL | $5,000 |
ATRIUM MEDICAL CENTER FOUNDATION PURPOSE: GENERAL | $27,500 |
BIG BROTHERS BIG SISTERS OF THE GREATER PURPOSE: GENERAL | $5,000 |
PARACHUTE SPECIAL ADVOCATES FOR PURPOSE: GENERAL | $6,000 |