Claude And Betty Harris Foundation Inc
- Assets
- $58.5m
- Revenue
- $26.0m
- Investments
- $56.2m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 61-1400416
Organization Overview
Claude And Betty Harris Foundation Inc is located in Louisville, KY. The organization was established in 2002. 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. Claude And Betty Harris 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 12/2021, Claude And Betty Harris Foundation Inc generated $26.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $15.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Claude And Betty Harris Foundation Inc has awarded 193 individual grants totaling $32,097,259. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Harris Stansell Secretary | 1 | $0 | |
Gayla Harris Director | 1 | $0 | |
Theresa Jean Harris Moore Director | 1 | $0 | |
Don Harris Chair | 16 | $0 | |
Stacey Moore Hanby Manager | 4 | $0 | |
Timothy Harris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,260,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,057,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,624,561 |
| Capital Gain Net Income | $23,624,561 |
| Net ST Capital Gain | $4,106,382 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,000 |
| Total Revenue | $25,952,323 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $326,777 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,792 |
| Total operating and administrative expenses | $785,835 |
| Contributions, gifts, grants paid | $15,134,527 |
| Total expenses and disbursements | $15,920,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,282,092 |
| 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 | $58,528,117 |
| 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, Claude And Betty Harris Foundation Inc has awarded $15,134,527 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
SAMARITAN COMMUNITY CENTER PURPOSE: CHARITABLE | $3,339,332 |
SAMARITAN COMMUNITY CENTER PURPOSE: CHARITABLE | $1,968,062 |
Verona, VA PURPOSE: CHARITABLE | $850,000 |
UMCOR PURPOSE: CHARITABLE | $447,000 |
FISH PANTRY PURPOSE: CHARITABLE | $430,000 |
ARKANSAS CHILDRENS FOUNDATION PURPOSE: CHARITABLE | $325,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
William R Kenan Jr Charitable Trust Chicago, IL | $564,490,046 | $137,606,226 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Polk Bros Foundation Inc Chicago, IL | $329,136,356 | $57,050,478 |
Pritzker Foundation Chicago, IL | $0 | $47,756,040 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |