Fred B A Batterton Fund
- Assets
- $718.9k
- Revenue
- $33.3k
- Investments
- $691.9k
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 08/1983
- Data as of
- 12/2022
- EIN
- 61-6128598
Organization Overview
Fred B A Batterton Fund is located in Louisville, KY. The organization was established in 1983. 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 12/2022, Fred B A Batterton Fund generated $33.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $82.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Fred B A Batterton Fund has awarded 45 individual grants totaling $256,629. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST PROVIDES TUITION ASSISTANCE FOR BOURBON COUNTY RESIDENTS PURSUING A DEGREE IN THE MEDICAL ARTS OR PHARMACY. THE TRUST ALSO PROVIDES ASSISTANCE TO NEEDY AND DESERVING CITIZENS OF BOURBON COUNTY, KENTUCKY WHO ARE UNABLE TO PROVIDE FOR THEMSELVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 1 | $2,873 | |
Name Not Listed Trustee | 1 | $13,773 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,986 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,910 |
| Capital Gain Net Income | $3,910 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $375 |
| Total Revenue | $33,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,494 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,448 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,942 |
| Contributions, gifts, grants paid | $65,860 |
| Total expenses and disbursements | $82,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,007 |
| 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 | $691,869 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $718,876 |
| 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, Fred B A Batterton Fund has awarded $65,860 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOURBON COUNTY JUDGE EXECUTIVE PURPOSE: EDUCATION | $6,586 |
BOURBON HEIGHTS INC PURPOSE: PROGRAM SUPPORT | $49,395 |
BOURBON COUNTY MINISTERIAL PURPOSE: ROGRAM SUPPORT | $9,879 |