Biddle Memorial Foundation Inc
- Assets
- $1.6m
- Revenue
- $216.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 35-2125436
Organization Overview
Biddle Memorial Foundation Inc is located in Carmel, IN. The organization was established in 2001. 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. Biddle Memorial 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 12/2021, Biddle Memorial Foundation Inc generated $216.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $118.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Biddle Memorial Foundation Inc has awarded 214 individual grants totaling $563,594. 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.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Myers President | 1 | $2,400 | |
Roger Myers Vice Pres. | 1 | $1,500 | |
Darlene Myers Secretary | 1 | $1,200 | |
Greg Duncan Treasurer | 1 | $1,200 | |
Holly Snell Director | 1 | $600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,619 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $172,799 |
| Capital Gain Net Income | $172,799 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $216,418 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,900 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $509 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,309 |
| Printing and publications | $0 |
| Other expenses | $7,249 |
| Total operating and administrative expenses | $41,486 |
| Contributions, gifts, grants paid | $76,526 |
| Total expenses and disbursements | $118,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,821 |
| Savings and temporary cash investments | $45,101 |
| 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 | $683,615 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,557,701 |
| 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, Biddle Memorial Foundation Inc has awarded $76,526 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Sheridan, IN PURPOSE: SPONSORSHIP | $12,650 |
PREVAIL INC OF HAMILTON COUNTY PURPOSE: SPONSORSHIP | $8,623 |
Indianapolis, IN PURPOSE: FUNDRAISER | $8,587 |
IU HEALTH FOUNDATION PURPOSE: ORGANIZATIONAL SUPPORT | $6,200 |
Arcadia, IN PURPOSE: ORGANIZATIONAL SUPPORT | $5,000 |
HAMILTON COUNTY 4-H PURPOSE: ORGANIZATIONAL SUPPORT | $4,711 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |