Felburn Foundation
- Assets
- $36.0m
- Revenue
- $1.4m
- Investments
- $31.8m
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 04/1979
- Data as of
- 12/2020
- EIN
- 51-0234331
Organization Overview
Felburn Foundation is located in Silver Spring, MD. The organization was established in 1979. 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. Felburn Foundation 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 12/2020, Felburn Foundation generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Felburn Foundation has awarded 320 individual grants totaling $11,402,809. 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 |
|---|---|---|---|
B Kemp Floyd Vice President/director | 10 | $60,000 | |
Larry J White President/chmn Board/dir | 20 | $60,000 | |
Guy Marwick Sec/treasurer/executive Di | 40 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,336 |
| Dividends & Interest | $690,430 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $661,996 |
| Capital Gain Net Income | $661,996 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,449 |
| Total Revenue | $1,361,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $180,000 |
| Other employee salaries and wages | $36,000 |
| Pension plans, employee benefits | $0 |
| Interest | $1,046 |
| Taxes | $11,853 |
| Depreciation | $0 |
| Occupancy | $11,008 |
| Travel, conferences, and meetings | $1,834 |
| Printing and publications | $0 |
| Other expenses | $59,564 |
| Total operating and administrative expenses | $549,213 |
| Contributions, gifts, grants paid | $1,369,590 |
| Total expenses and disbursements | $1,918,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,985 |
| Savings and temporary cash investments | $2,507,794 |
| 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 | $23,281,164 |
| Net Land, buildings, and equipment | $1,499,222 |
| Other assets | $21,849 |
| Total assets | $35,969,472 |
| 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, Felburn Foundation has awarded $1,545,617 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
Gainesville, FL PURPOSE: CHARITABLE - SCIENTIST IN EVERY CLASSROOM SALARY ASSISTANCE ($57,000), FLORIDA MUSEUM OF NATURAL HISTORY GLASS BOTTOM BOAT EXHIBIT ($50,000) SEA URCHINS & ECOSYTEM ENGINEERS OF THE GULF OF MEXICO ($20,000) | $127,000 |
Atlanta, GA PURPOSE: CHARITABLE - RECREATION THERAPY PROGRAM | $100,000 |
Orlando, FL PURPOSE: CHARITABLE - GENERAL SUPPORT; SILVER/OCKLAWAH PROJECT TAX LIEN PURCHASE | $100,000 |
Vancouver, WA PURPOSE: CHARITABLE - SUPPORT LAND, FISH AND WILDLIFE CONSERVATION EFFORTSCHARITABLE | $100,000 |
Osprey, FL PURPOSE: CHARITABLE - GENERAL SUPPORT | $75,000 |
Beaufort, SC PURPOSE: CHARITABLE - DEVELOPMENT DIRECTOR POSITION SALARY ASSISTANCE | $65,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |