Isaac W Byrd Family Foundation Inc
- Assets
- $367.5k
- Revenue
- $24.9k
- Investments
- $347.7k
- Employees
- 0
- Location
- Panama City, FL
- Founding
- 09/1987
- Data as of
- 11/2023
- EIN
- 59-2752624
Organization Overview
Isaac W Byrd Family Foundation Inc is located in Panama City, FL. The organization was established in 1987. 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. Isaac W Byrd Family Foundation Inc 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 11/2023, Isaac W Byrd Family Foundation Inc generated $24.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $81.5k during the year ending 11/2023. While expenses have increased by 3.9% per year over the past 4 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 2020, Isaac W Byrd Family Foundation Inc has awarded 68 individual grants totaling $397,300. 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 |
|---|---|---|---|
Beth Mckeithen President | 5 | $5,000 | |
Pamela Weathersby Vice President | 5 | $5,000 | |
Olivia Cooley Treasurer | 5 | $5,000 | |
Betsy Byrd Secretary | 5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,879 |
| Capital Gain Net Income | $13,879 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,879 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61 |
| Total operating and administrative expenses | $25,536 |
| Contributions, gifts, grants paid | $56,000 |
| Total expenses and disbursements | $81,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,843 |
| 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 | $367,538 |
| 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, Isaac W Byrd Family Foundation Inc has awarded $56,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL ASSISTANCE PROGRAM PURPOSE: OPERATIONS | $1,250 |
ARC OF THE BAY PURPOSE: OPERATIONS | $5,000 |
BAPTIST CENTER PURPOSE: OPERATIONS | $6,500 |
THE SALVATION ARMY PANAMA CITY PURPOSE: OPERATIONS | $5,000 |
MARTIN THEATRE PURPOSE: OPERATIONS | $3,750 |
2ND CHANCE OF NW FLORIDA PURPOSE: OPERATIONS | $2,500 |