Basalt Foundation Inc
- Assets
- $254.9k
- Revenue
- $15.4k
- Investments
- $253.2k
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 72-1567897
Organization Overview
Basalt Foundation Inc is located in Santa Fe, NM. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Basalt 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 12/2022, Basalt Foundation Inc generated $15.4k 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 (3.6%) each year. All expenses for the organization totaled $24.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Basalt Foundation Inc has awarded 56 individual grants totaling $134,000. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Duggan President | 1 | $0 | |
Peter Reed Duggan Director | 1 | $0 | |
Matthew B Duggan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $2,042 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,296 |
| Capital Gain Net Income | $13,296 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,353 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $264 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,395 |
| Contributions, gifts, grants paid | $16,250 |
| Total expenses and disbursements | $24,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,766 |
| 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 | $0 |
| Total assets | $254,945 |
| 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, Basalt Foundation Inc has awarded $16,250 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE FOOD DEPOT PURPOSE: FOOD FOR THE NEEDY | $2,500 |
FOOD & WATER WATCH PURPOSE: FOOD AND WATER SUSTAINABLITY | $4,250 |
LOS ALAMOS STUDY GROUP PURPOSE: SOCIAL JUSTICE | $1,500 |
THE AMERICAN RED CROSS PURPOSE: TO PREVENT AND ALLEVIATE HUMAN SUFFERING IN THE FACE OF EMERGENCIES. | $1,500 |
HOUSTON FOOD BANK PURPOSE: TO PROVIDE HUNGER RELIEF BY DISTRIBUTING FOOD AND NONPERISHABLES . | $1,750 |
ELECTRONIC FRONTIER FOUNDATION PURPOSE: TO DEFEND DIGITAL PRIVACY, FREE SPEECH, AND INNOVATION. | $1,750 |