Badgley Memorial Fund
- Assets
- $536.8k
- Revenue
- $22.8k
- Investments
- $523.0k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/1977
- Data as of
- 12/2023
- 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 12/2023, Badgley Memorial Fund generated $22.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $29.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Badgley Memorial Fund has awarded 33 individual grants totaling $272,500. 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 |
|---|---|---|---|
Ralph Rodgers Trustee | 2 | $0 | |
Leigh Brooks Trustee | 2 | $0 | |
Regions Bank Trust Dept Trustee | 1 | $9,741 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,659 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,602 |
| Capital Gain Net Income | $9,602 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $496 |
| Total Revenue | $22,757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,741 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $299 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1 |
| Total operating and administrative expenses | $11,041 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $29,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,775 |
| 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 | $523,044 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $536,819 |
| 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 $18,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EASTER SEALS SOUTHERN GA INC PURPOSE: GENERAL OPERATING | $6,000 |
LILY PAD SANE CENTER INC PURPOSE: GENERAL OPERATING | $3,000 |
BOYS & GIRLS CLUBS OF ALBANY INC PURPOSE: GENERAL OPERATING | $9,000 |