Barron Family Foundation Inc is located in Potomac, MD. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Barron 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 12/2023, Barron Family Foundation Inc generated $267.3k 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 (30.7%) each year.
Since 2018, Barron Family Foundation Inc has awarded 57 individual grants totaling $1,476,000. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard A Barron President/treasurer | 0.25 | $0 | |
Carol S Barron Vice President/secretary | 0.1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $19,792 |
Interest on Savings | $0 |
Dividends & Interest | $170,822 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $102,072 |
Capital Gain Net Income | $102,072 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$25,365 |
Total Revenue | $267,321 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $4,512 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $5,042 |
Total operating and administrative expenses | $18,522 |
Contributions, gifts, grants paid | $250,000 |
Total expenses and disbursements | $268,522 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,968 |
Savings and temporary cash investments | $2,346,351 |
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 | $5,020,333 |
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 | $12,254 |
Total liabilities | $12,254 |
Over the last fiscal year, Barron Family Foundation Inc has awarded $250,000 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
AMAZON CONSERVATION ASSOCIATION PURPOSE: FOR ASSISTANCE IN PROTECTING THE AMAZON. | $20,000 |
DENKAI ANIMAL SANCTUARY PURPOSE: FOR ASSISTANCE IN AIDING DOMESTIC ANIMALS IN CRISIS. | $18,000 |
DOCTORS WITHOUT BORDERS PURPOSE: FOR ASSISTANCE IN PROVIDING MEDICAL HUMANITARIAN CARE WORLDWIDE. | $15,000 |
GLOBAL FEDERATION OF ANIMAL SANCTUARIES PURPOSE: FOR ASSISTANCE IN IMPROVING THE QUALITY OF CARE AT SANCTUARIES WORLDWIDE. | $40,000 |
JSSA PURPOSE: FOR ASSISTANCE IN PROVIDING HEALTH AND SOCIAL SERVICES TO THE COMMUNITY. | $15,000 |
MATA AMRITANANDANMAYI CENTER PURPOSE: FOR ASSISTANCE IN WORLDWIDE HUMANTARIAN ACTIVITIES. | $100,000 |