Gertrude A Barnett Foundation
- Assets
- $10.7m
- Revenue
- $284.8k
- Investments
- $10.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/1997
- Data as of
- 12/2022
- EIN
- 65-6245681
Organization Overview
Gertrude A Barnett Foundation is located in Chicago, IL. The organization was established in 1997. 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. Gertrude A Barnett Foundation 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 12/2022, Gertrude A Barnett Foundation generated $284.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $645.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gertrude A Barnett Foundation has awarded 43 individual grants totaling $1,881,554. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $274,961 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,790 |
| Capital Gain Net Income | $9,790 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $284,751 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $107,110 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60,105 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54 |
| Total operating and administrative expenses | $180,588 |
| Contributions, gifts, grants paid | $464,641 |
| Total expenses and disbursements | $645,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $675,011 |
| 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 | $200,365 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,695,780 |
| 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, Gertrude A Barnett Foundation has awarded $464,641 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
EASTERN STAR HOME OF MACON PURPOSE: GENERAL | $16,458 |
SALVATION ARMY PURPOSE: GENERAL | $41,331 |
FLORIDA SHERIFFS YOUTH PURPOSE: GENERAL | $41,331 |
TRINITY UNITED METHODIST CHURCH PURPOSE: GENERAL | $16,458 |
GRAND CHAPTER ORDER OF THE EASTERN PURPOSE: GENERAL | $24,873 |
UNITED METHODIST CHURCH PURPOSE: GENERAL | $24,873 |