Barr Charitable Trust
- Assets
- $369.9k
- Revenue
- $23.3k
- Investments
- $337.7k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 05/1988
- Data as of
- 10/2023
- EIN
- 36-3558730
Organization Overview
Barr Charitable Trust is located in Boston, MA. The organization was established in 1988. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 Charitable Trust 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 10/2023, Barr Charitable Trust generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $55.6k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Barr Charitable Trust has awarded 147 individual grants totaling $243,749. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy L Domini Trustee | 1 | $2,079 | |
Teri L Barr Trustee | 1 | $0 | |
Bianca Barr Trustee | 1 | $0 | |
Shira Sternberg Trustee | 1 | $0 | |
William Andrew Mims Trustee(resigned 1/13) | 1 | $481 | |
Nushin Kormi Trustee (successor 3/27 ) | 1 | $1,088 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $1,078 |
| Dividends & Interest | $6,551 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,271 |
| Capital Gain Net Income | $5,271 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $360 |
| Total Revenue | $23,260 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,648 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $179 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $258 |
| Total operating and administrative expenses | $9,674 |
| Contributions, gifts, grants paid | $45,950 |
| Total expenses and disbursements | $55,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262 |
| Savings and temporary cash investments | $32,000 |
| 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 | $29,619 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $369,928 |
| 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 Charitable Trust has awarded $45,950 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BENNINGTON EARLY CHILDHOOD CENTER PURPOSE: GENERAL | $800 |
BORDERLESS MAGAZINE PURPOSE: GENERAL | $500 |
CHICAGO FOUNDATION FOR WOMEN PURPOSE: IN HONOR OF BRANDI HOVIZI | $2,000 |
CIVICURE PURPOSE: GENERAL | $300 |
CONGREGATION BETH ISRAEL PURPOSE: NEFESH SIMCHAT TORAH CELEBRATIONS | $1,600 |
DENTISTS ON WHEELS PURPOSE: GENERAL | $1,000 |