The Batchelor Foundation Inc
- Assets
- $373.7m
- Revenue
- $1.0m
- Investments
- $365.3m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 03/1990
- Data as of
- 06/2023
- EIN
- 65-0188171
Organization Overview
The Batchelor Foundation Inc is located in Miami Beach, FL. The organization was established in 1990. 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. Batchelor 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 06/2023, Batchelor Foundation Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.1%) each year. All expenses for the organization totaled $26.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Batchelor Foundation Inc has awarded 2,581 individual grants totaling $206,385,937. 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 |
|---|---|---|---|
Anne O Batchelor-Robjohns Trustee & Ceo, Chairman, Secretary | 35 | $239,646 | |
Jon Batchelor Trustee, Exec. V President | 35 | $192,639 | |
Jack Falk Trustee | 2 | $0 | |
Nancy Ansley Treasurer & CFO | 35 | $234,608 | |
Caridad Velasco Controller | 32 | $138,211 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mondrian All Countries World Equity Fund | 6/29/23 | $200,247 |
Southern Sun Asset Managesouthern Sun Asment | 6/29/23 | $166,794 |
Champlain Investment Partners Llc | 6/29/23 | $156,805 |
The Concord Advisory Group | 6/29/23 | $149,874 |
Zazove Associates Llc | 6/29/23 | $125,040 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $121,263 |
| Interest on Savings | $374,791 |
| Dividends & Interest | $4,449,690 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,942,853 |
| Capital Gain Net Income | $6,547,105 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,686 |
| Total Revenue | $1,025,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $805,104 |
| Other employee salaries and wages | $136,518 |
| Pension plans, employee benefits | $223,287 |
| Interest | $0 |
| Taxes | $144,868 |
| Depreciation | $42,612 |
| Occupancy | $63,909 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $993,545 |
| Total operating and administrative expenses | $2,421,853 |
| Contributions, gifts, grants paid | $23,822,205 |
| Total expenses and disbursements | $26,244,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,987,726 |
| 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 | $402,063 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $327,685,438 |
| Net Land, buildings, and equipment | $934,380 |
| Other assets | $70,554 |
| Total assets | $373,730,719 |
| Accounts payable and accrued expenses | $38,753 |
| Grants payable | $6,925,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | -$734,463 |
| Total liabilities | $6,229,290 |
Grants Awarded
Over the last fiscal year, The Batchelor Foundation Inc has awarded $25,472,205 in support to 322 organizations.
| Grant Recipient | Amount |
|---|---|
A POSITIVE STEP OF MONROE COUNTY INC PURPOSE: GENERAL OPERATIONS | $15,000 |
ADRIENNE ARSHT CENTER TRUST INC PURPOSE: GENERAL OPERATIONS | $100,000 |
AMERICAN NATIONAL RED CROSS SO FL REGIONAL CHAPTER PURPOSE: GENERAL OPERATIONS | $25,000 |
AMERICANS FOR IMMIGRANT JUSTICE INC PURPOSE: GENERAL OPERATIONS | $30,000 |
AMIKIDS MIAMI-DADE INC PURPOSE: GENERAL OPERATIONS | $15,000 |
ANDREW RED HARRIS FOUNDATION INC PURPOSE: GENERAL OPERATIONS | $25,000 |