Branch Family Foundation Inc
- Assets
- $0.0
- Revenue
- $89.0k
- Investments
- $660.4k
- Employees
- 0
- Location
- Ocala, FL
- Founding
- 10/1999
- Data as of
- 05/2021
- EIN
- 59-3516536
Organization Overview
Branch Family Foundation Inc is located in Ocala, FL. The organization was established in 1999. 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. Branch 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 05/2021, Branch Family Foundation Inc generated $89.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $8.7k during the year ending 05/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory C Branch President/di | 0.5 | $0 | |
Gregory S Allen Sec/treas/di | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28 |
| Dividends & Interest | $16,508 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,986 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $6,731 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $8,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Branch Family Foundation Inc has awarded $2,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE ATLANTA PURPOSE: GENERAL OPERATING | $1,000 |
PARACHUTE BRIDGE PURPOSE: GENERAL OPERATING | $1,000 |