Barnes Family Foundation
- Assets
- $3.0m
- Revenue
- $671.9k
- Investments
- $2.7m
- Employees
- 0
- Location
- Sherman Oaks, CA
- Founding
- 01/2001
- Data as of
- 12/2021
- EIN
- 95-4832150
Organization Overview
Barnes Family Foundation is located in Sherman Oaks, CA. The organization was established in 2001. 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. Barnes 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 12/2021, Barnes Family Foundation generated $671.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $276.4k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 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.
Since 2016, Barnes Family Foundation has awarded 410 individual grants totaling $1,030,540. 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 |
|---|---|---|---|
Mary Villar Trustee | 35 | $49,500 | |
Robert Villar Trustee | 15 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $57,887 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $609,946 |
| Capital Gain Net Income | $609,946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,038 |
| Total Revenue | $671,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $69,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $130 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61,510 |
| Total operating and administrative expenses | $132,640 |
| Contributions, gifts, grants paid | $143,800 |
| Total expenses and disbursements | $276,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,000 |
| Savings and temporary cash investments | $249,165 |
| 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 | $2,994,995 |
| 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, Barnes Family Foundation has awarded $143,800 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
PRAGER UNIVERSITY PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE TO HELP TEACH CORE, COMMON SENSE VALUES THAT MUST BE THE FOUNDATION OF MORAL AND ETHICAL BEHAVIOR IN GOVERNMENT AND IN DAILY LIFE. | $15,000 |
PROVIDENCE ST JOSEPH FOUNDATION PURPOSE: TO PROVIDE FUNDING FOR THE CANCER CENTER AND TO IMPROVE EMERGENCY AND URGENT CARE SERVICES IN THE SAN FERNANDO VALLEY AREA. | $10,000 |
CAMP PENDLETON ARMED SERVICES YMCA PURPOSE: TO PROVIDE FUNDING FOR EDUCATIONAL AND RECREATIONAL PROGRAMS FOR FAMILIES OF ACTIVE MILITARY PERSONNEL. | $6,000 |
THE SALVATION ARMY PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE FOR FOOD, SHELTER,CHILD CARE AND OTHER SERVICES FOR LOW-INCOME FAMILIES. | $5,000 |
Los Angeles, CA PURPOSE: TO HELP FUND AFTERSCHOOL PROGRAMS THAT TEACH INNERCITY KIDS RESPONSIBILITY, ACADEMICS AND THE ARTS. | $5,000 |
HOPE OF THE VALLEY RESCUE MISSION PURPOSE: TO MEET THE NEEDS AND ENCOURAGE THE SELF SUFFICIENCY OF THE HUNGRY AND HOMELESS IN THE SAN FERNANDO VALLEY. | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Barnes Family Foundation has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Weintraub Family Foundation Encino, CA PURPOSE: UNRESTRICTED SUPPORT | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |