Binns Family Foundation
- Assets
- $1.1m
- Revenue
- $142.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Cruces, NM
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-2758702
Organization Overview
Binns Family Foundation is located in Las Cruces, NM. The organization was established in 2015. 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. Binns Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Binns Family Foundation has awarded 86 individual grants totaling $116,964. 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 |
|---|---|---|---|
Wilfred E Binns Director | 0 | $0 | |
Iva Bernice Binns Director | 0 | $0 | |
Michael A Binns Director | 0 | $0 | |
Cynthia Ann Binns-Mendoza Director | 0 | $0 | |
Karen Leigh Binns-Dicamillo Director | 0 | $0 | |
David V Binns Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $165,000 |
| Interest on Savings | $94 |
| Dividends & Interest | $14,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,935 |
| Capital Gain Net Income | $1,072 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $726 |
| Printing and publications | $0 |
| Other expenses | $712 |
| Total operating and administrative expenses | $3,053 |
| Contributions, gifts, grants paid | $37,600 |
| Total expenses and disbursements | $40,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,146,218 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,146,218 |
| 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, Binns Family Foundation has awarded $37,600 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
MESILLA VALLEY HOSPICE PURPOSE: CHARITY | $2,000 |
CRUCES GYMNASTICS ACADEMY PURPOSE: CHARITY | $600 |
LAS CRUCES HOME BUILDERS ASSOC PURPOSE: CHARITY | $1,600 |
RIO GRANDE ROTARY CLUB PURPOSE: CHARITY | $5,000 |
TUTTI BAMBINI PURPOSE: CHARITY | $1,600 |
MESILLA VALLEY SEARCH AND RESCUE PURPOSE: CHARITY | $1,400 |