Badgley Memorial Fund
- Assets
- $570.6k
- Revenue
- $71.7k
- Investments
- $550.6k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/1977
- Data as of
- 12/2021
- EIN
- 58-6025557
Organization Overview
Badgley Memorial Fund is located in Birmingham, AL. The organization was established in 1977. 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.
For the year ending 12/2021, Badgley Memorial Fund generated $71.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $45.7k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Badgley Memorial Fund has awarded 27 individual grants totaling $219,500. 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 |
|---|---|---|---|
Regions Bank Trust Dept Trustee | 1 | $11,419 | |
Ralph Rodgers Trustee | 2 | $0 | |
Leigh Brooks Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,683 |
| Capital Gain Net Income | $57,683 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $229 |
| Total Revenue | $71,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,419 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $236 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2 |
| Total operating and administrative expenses | $12,657 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $45,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,002 |
| 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 | $550,639 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $570,641 |
| 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, Badgley Memorial Fund has awarded $33,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF ALBANY INC PURPOSE: GENERAL OPERATING | $16,000 |
Albany, GA PURPOSE: GENERAL OPERATING | $11,000 |
LILY PAD SANE CENTER INC PURPOSE: GENERAL OPERATING | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Lyndhurst Foundation Inc Chattanooga, TN | $133,731,560 | $17,356,041 |