Brody Brothers Foundation
- Assets
- $3.8m
- Revenue
- $184.7k
- Investments
- $3.7m
- Employees
- 0
- Location
- Greenville, NC
- Founding
- 09/1966
- Data as of
- 07/2024
- EIN
- 56-0858144
Organization Overview
Brody Brothers Foundation is located in Greenville, NC. 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. Brody Brothers 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 07/2024, Brody Brothers Foundation generated $184.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $257.8k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Brody Brothers Foundation has awarded 125 individual grants totaling $1,347,853. 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 |
|---|---|---|---|
David Brody President | 1 | $0 | |
Hyman J Brody Vice-President | 1 | $0 | |
Stacy C Brody Treasurer | 1 | $0 | |
Laura C Brody Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,969 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,619 |
| Capital Gain Net Income | $80,619 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,141 |
| Total Revenue | $184,729 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $301 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,791 |
| Total operating and administrative expenses | $35,278 |
| Contributions, gifts, grants paid | $222,501 |
| Total expenses and disbursements | $257,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,062 |
| 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 | $1,257,023 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,797,066 |
| 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, Brody Brothers Foundation has awarded $222,501 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT | $2,500 |
BOYS & GIRLS CLUB OF COASTAL PLAINS PURPOSE: GENERAL SUPPORT | $25,000 |
CONGREGATION BAYT SHALOM PURPOSE: GENERAL SUPPORT | $12,000 |
ECU HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $110,000 |
DUKE UNIVERSITY PURPOSE: GENERAL SUPPORT | $35,000 |
NC MUSEUM OF ART PURPOSE: GENERAL SUPPORT | $25,000 |