Nathan B And Florence R Burt Foundation Inc
- Assets
- $3.5m
- Revenue
- $171.7k
- Investments
- $3.2m
- Employees
- 0
- Location
- Golden, CO
- Founding
- 06/1986
- Data as of
- 12/2023
- EIN
- 84-0972203
Organization Overview
Nathan B And Florence R Burt Foundation Inc is located in Golden, CO. The organization was established in 1986. 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. Nathan B And Florence R Burt 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, Nathan B And Florence R Burt Foundation Inc generated $171.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $234.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nathan B And Florence R Burt Foundation Inc has awarded 533 individual grants totaling $1,773,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory W Dickson President | 10 | $0 | |
Margaret Fomer PHD Director | 1 | $0 | |
Rosmina Garcia Executive Director | 20 | $32,083 | |
Jed Ziegenhagen Treasurer | 2 | $0 | |
John C Baker Vice Pres | 2 | $0 | |
Bruce Jafek MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,135 |
| Dividends & Interest | $100,109 |
| Net Rental Income | $47,146 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $104,723 |
| Net ST Capital Gain | $122,098 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,341 |
| Total Revenue | $171,731 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,083 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,856 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,153 |
| Total operating and administrative expenses | $79,098 |
| Contributions, gifts, grants paid | $155,000 |
| Total expenses and disbursements | $234,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $278,495 |
| 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 | $42,326 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,519,900 |
| Accounts payable and accrued expenses | $389 |
| 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 | $89,945 |
| Total liabilities | $90,334 |
Grants Awarded
Over the last fiscal year, Nathan B And Florence R Burt Foundation Inc has awarded $155,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
PEAK EDUCATION PURPOSE: GENERAL SUPPORT | $10,000 |
TRUE NORTH YOUTH PROGRAM PURPOSE: GENERAL SUPPORT | $10,000 |
HEART & HAND CENTER PURPOSE: GENERAL SUPPORT | $15,000 |
THE CONFLICT CENTER PURPOSE: GENERAL SUPPORT | $2,500 |
ASSISTANCE LEAGUE OF COLORADO SPRINGS PURPOSE: GENERAL SUPPORT | $7,500 |
WHIZ KIDS TUTORING INC PURPOSE: GENERAL SUPPORT | $20,000 |