Arthur M Britton Foundation Inc is located in Montgomery, AL. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Arthur M Britton 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 06/2022, Arthur M Britton Foundation Inc generated $259.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $231.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Arthur M Britton Foundation Inc has awarded 347 individual grants totaling $1,710,194. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur M Britton President | 1 | $0 | |
Maureen Britton Vice-President | 1 | $0 | |
Beverly G Mckinney Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,337 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $214,258 |
| Capital Gain Net Income | $214,258 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,966 |
| Total Revenue | $259,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,799 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $43,079 |
| Contributions, gifts, grants paid | $188,350 |
| Total expenses and disbursements | $231,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,080 |
| Savings and temporary cash investments | $72,820 |
| 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 | $1,777,924 |
| Total assets | $1,877,824 |
| 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 |
Over the last fiscal year, Arthur M Britton Foundation Inc has awarded $188,350 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA DANCE THEATRE PURPOSE: TO SUPPORT CHARITABLE ORGANIZATION FOR THEIR EXEMPT PURPOSE. | $2,500 |
ALABAMA SHAKESPEARE FESTIVAL PURPOSE: GOVERNMENTAL, CIVIC, AND CULTURAL DEVELOPMENT ORGANIZATION | $5,000 |
BAPTIST HEALTH CARE FOUNDATION PURPOSE: TO SUPPORT CHARITABLE ORGANIZATION FOR THEIR EXEMPT PURPOSE. | $4,000 |
CATHOLIC CHARITIES PURPOSE: RELIGIOUS ORGANIZATION | $4,500 |
CANCER WELLNESS FOUNDATION PURPOSE: TO SUPPORT CHARITABLE ORGANIZATION FOR THEIR EXEMPT PURPOSE. | $3,000 |
CHRISTMAS CLEARING HOUSE PURPOSE: TO SUPPORT CHARITABLE ORGANIZATION FOR THEIR EXEMPT PURPOSE. | $1,000 |