James H And Marta T Batmasian Family Foundation Inc
- Assets
- $3.0m
- Revenue
- -$22.5k
- Investments
- $2.7m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 65-0894674
Organization Overview
James H And Marta T Batmasian Family Foundation Inc is located in Boca Raton, FL. The organization was established in 2016. 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. James H And Marta T Batmasian Family 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 2017, James H And Marta T Batmasian Family Foundation Inc has awarded 158 individual grants totaling $5,540,605. 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 |
|---|---|---|---|
James H Batmasian Director, Vp, Treasurer | 10 | $0 | |
Marta T Batmasian Director, President, Secre | 10 | $0 | |
James G Batmasian Director | 2 | $0 | |
Armen A Batmasian Director | 2 | $0 | |
Arthur R Redgrave Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,228 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$86,751 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$22,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $473 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,671 |
| Total operating and administrative expenses | $16,144 |
| Contributions, gifts, grants paid | $1,439,530 |
| Total expenses and disbursements | $1,455,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,717 |
| Savings and temporary cash investments | $0 |
| 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 | $467,935 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,968,489 |
| 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, James H And Marta T Batmasian Family Foundation Inc has awarded $1,439,530 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
AID TO VICTIMS OF DOMESTIC ABUSE INC PURPOSE: FURTHER THE CHARITABLE ORGANIZATION'S EFFORTS | $5,000 |
ARMENIAN GENERAL BENEVOLENT UNION PURPOSE: FURTHER THE CHARITABLE ORGANIZATION'S EFFORTS | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: FURTHER THE CHARITABLE ORGANIZATION'S EFFORTS | $5,000 |
ARMENIAN MISSIONARY ASSOCIATION OF AMERICA PURPOSE: FURTHER THE CHARITABLE ORGANIZATION'S EFFORTS | $1,000 |
ARMENIAN NATIONAL COMMITTEE OF AMERICA PURPOSE: FURTHER THE CHARITABLE ORGANIZATION'S EFFORTS | $15,000 |
BOYS & GIRLS CLUBS OF AMERICA PURPOSE: FURTHER THE CHARITABLE ORGANIZATION'S EFFORTS | $15,000 |