The Barnett Family Foundation Inc
- Assets
- $6.0m
- Revenue
- $280.1k
- Investments
- $5.5m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 73-6295453
Organization Overview
The Barnett Family Foundation Inc is located in Tulsa, OK. The organization was established in 2002. 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. Barnett 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.
For the year ending 12/2022, Barnett Family Foundation Inc generated $280.1k 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 (15.5%) each year. All expenses for the organization totaled $439.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Barnett Family Foundation Inc has awarded 102 individual grants totaling $1,419,363. 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 |
|---|---|---|---|
Howard G Barnett Jr Trustee | 1 | $0 | |
Billie Barnett Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,727 |
| Dividends & Interest | $166,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $106,514 |
| Capital Gain Net Income | $106,514 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,149 |
| Total Revenue | $280,054 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,669 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,784 |
| Total operating and administrative expenses | $64,558 |
| Contributions, gifts, grants paid | $374,677 |
| Total expenses and disbursements | $439,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $444,572 |
| Net Accounts receivable | $1,494 |
| 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 | $5,963,944 |
| 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, The Barnett Family Foundation Inc has awarded $374,677 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AHHA TULSA PURPOSE: PROMOTE AND SUPPORT ORGANIZATION'S EXEMPT PURPOSES | $30,500 |
ALL SOULS UNITARIAN CHURCH PURPOSE: PROMOTE AND SUPPORT ORGANIZATION'S EXEMPT PURPOSES | $10,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: PROMOTE AND SUPPORT ORGANIZATION'S EXEMPT PURPOSES | $7,500 |
GIRL SCOUTS PURPOSE: PROMOTE AND SUPPORT ORGANIZATION'S EXEMPT PURPOSES | $12,300 |
MENTAL HEALTH ASSOCIATION OF TULSA PURPOSE: PROMOTE AND SUPPORT ORGANIZATION'S EXEMPT PURPOSES | $5,000 |
MID-AMERICA ARTS ALLIANCE PURPOSE: PROMOTE AND SUPPORT ORGANIZATION'S EXEMPT PURPOSES | $3,000 |