Donald A Burns Foundation Inc
- Assets
- $4.8m
- Revenue
- $207.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 65-0870379
Organization Overview
Donald A Burns Foundation Inc is located in Palm Beach, FL. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Donald A Burns 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, Donald A Burns Foundation Inc generated $207.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $838.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Donald A Burns Foundation Inc has awarded 138 individual grants totaling $2,375,481. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,839 |
| Dividends & Interest | $50,098 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $89,185 |
| Capital Gain Net Income | $89,185 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65,474 |
| Total Revenue | $207,596 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,127 |
| Other employee salaries and wages | $155,842 |
| Pension plans, employee benefits | $24,359 |
| Interest | $0 |
| Taxes | $31,814 |
| Depreciation | $54,610 |
| Occupancy | $54,172 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $101,213 |
| Total operating and administrative expenses | $573,844 |
| Contributions, gifts, grants paid | $264,960 |
| Total expenses and disbursements | $838,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $428,211 |
| 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 | $2,599,455 |
| 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 | $38,564 |
| Other assets | $2,594 |
| Total assets | $4,788,148 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $15,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,000 |
Grants Awarded
Over the last fiscal year, Donald A Burns Foundation Inc has awarded $264,960 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
LGBTQ VICTORY FUND PURPOSE: GENERAL SUPPORT | $75,000 |
Palm Beach, FL PURPOSE: GENERAL SUPPORT | $52,500 |
BOYS AND GIRLS CLUB OF PB PURPOSE: GENERAL SUPPORT | $45,000 |
TOWN OF PB UNITED WAY PURPOSE: GENERAL SUPPORT | $24,960 |
New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
COMPASS PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Harry T Mangurian Jr Foundation Inc Fort Lauderdale, FL | $88,622,200 | $12,675,522 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Holtz Charitable Foundation Inc Orlando, FL | $5,015,513 | $2,659,459 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |