Charles Barkley Foundation Inc
- Assets
- $4.1m
- Revenue
- -$103.4k
- Investments
- $4.1m
- Employees
- 0
- Location
- Vestavia Hills, AL
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 63-1159820
Organization Overview
Charles Barkley Foundation Inc is located in Vestavia Hills, AL. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles Barkley 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.
Since 2015, Charles Barkley Foundation Inc has awarded 97 individual grants totaling $5,886,943. 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 |
|---|---|---|---|
Kristy Guthrie Secretary/treasurer | 0 | $0 | |
Charles Barkley President | 0 | $0 | |
Maureen Barkley Vice President | 0 | $0 | |
Christiana Barkley Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,255 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$160,657 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$103,402 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,645 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,229 |
| Total operating and administrative expenses | $33,674 |
| Contributions, gifts, grants paid | $743,375 |
| Total expenses and disbursements | $777,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $48,501 |
| 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 | $2,598,484 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,146,251 |
| 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, Charles Barkley Foundation Inc has awarded $743,375 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP FUND | $100,000 |
CLARK ATLANTA UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $100,000 |
LEEDS CITY SCHOOLS PURPOSE: SCHOLARSHIP FUND | $125,000 |
MILES COLLEGE PURPOSE: SCHOLARSHIP FUND | $100,000 |
MOREHOUSE COLLEGE PURPOSE: SCHOLARSHIP FUND | $100,000 |
TUSKEGEE UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $100,000 |