Karen And Glenn Barnett Family Foundation
- Assets
- $68.1k
- Revenue
- $3.2k
- Investments
- $62.5k
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2022
- EIN
- 83-2289057
Organization Overview
Karen And Glenn Barnett Family Foundation is located in New Orleans, LA. 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. Karen And Glenn Barnett Family 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, Karen And Glenn Barnett Family Foundation generated $3.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $9.5k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Hugh Glenn Barnett II President/director | 0 | $0 | |
Karen Burnside Barnett Vice President/director | 0 | $0 | |
Walker B Barnett Treasurer/director | 0 | $0 | |
Marshall B Barnett Secretary/director | 0 | $0 | |
Kathryn Barnett Forster Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,888 |
| Capital Gain Net Income | $1,888 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,162 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,020 |
| Contributions, gifts, grants paid | $5,520 |
| Total expenses and disbursements | $9,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,693 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $68,146 |
| 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, Karen And Glenn Barnett Family Foundation has awarded $5,520 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ST CHARLES AVENUE PRESBYTERIAN CHURCH PURPOSE: GENERAL ORGANIZATION SUPPORT | $4,800 |
SPCA PURPOSE: GENERAL ORGANIZATION SUPPORT | $25 |
GEAUX GIRLS MEDIA PURPOSE: GENERAL ORGANIZATION SUPPORT | $100 |
KUTTAWA CEMETERY PURPOSE: GENERAL ORGANIZATION SUPPORT | $200 |
NEWELLTON UNION CHURCH PURPOSE: GENERAL ORGANIZATION SUPPORT | $50 |
WYES PURPOSE: GENERAL ORGANIZATION SUPPORT | $60 |