Bascom Little Fund
- Assets
- $848.2k
- Revenue
- $38.6k
- Investments
- $808.5k
- Employees
- 0
- Location
- Cleveland Heights, OH
- Founding
- 06/1966
- Data as of
- 06/2023
- EIN
- 34-6572279
Organization Overview
Bascom Little Fund is located in Cleveland Heights, OH. The organization was established in 1966. 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. Bascom Little 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 06/2023, Bascom Little Fund generated $38.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $93.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bascom Little Fund has awarded 71 individual grants totaling $541,580. 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 |
|---|---|---|---|
Richard H Bole Trustee | 2 | $0 | |
Andrew L Fabens III Trustee | 2 | $0 | |
Gerald Paul Cox Trustee | 2 | $0 | |
Dixon Morgan Jr Trustee | 2 | $0 | |
David A Vincent Trustee | 2 | $0 | |
Stanley W Morgenstern Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,530 |
| Dividends & Interest | $24,861 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,168 |
| Capital Gain Net Income | $11,168 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,097 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,350 |
| Total operating and administrative expenses | $26,870 |
| Contributions, gifts, grants paid | $67,000 |
| Total expenses and disbursements | $93,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,735 |
| 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 | $848,223 |
| 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, Bascom Little Fund has awarded $67,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND COMPOSERS GUILD PURPOSE: GENERAL | $20,000 |
IDEA STREAM PURPOSE: GENERAL | $20,000 |
CLEVELAND CHAMBER SYMPHONY PURPOSE: GENERAL | $8,000 |
KENT STATE UNIVERSITY PURPOSE: GENERAL | $2,000 |
CLEVELAND POPS ORCHESTRA PURPOSE: GENERAL | $4,000 |
THE LOCAL 4 MUSIC FUND PURPOSE: GENERAL | $7,000 |