Brown Advisory Charitable Foundation Inc
- Assets
- $4.9m
- Revenue
- $3.0m
- Investments
- $4.1m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 11/2008
- Data as of
- 08/2024
- EIN
- 01-0912891
Organization Overview
Brown Advisory Charitable Foundation Inc is located in Baltimore, MD. The organization was established in 2008. 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. Brown Advisory Charitable 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 08/2024, Brown Advisory Charitable Foundation Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $3.2m during the year ending 08/2024. While expenses have increased by 28.8% 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.
Since 2020, Brown Advisory Charitable Foundation Inc has awarded 935 individual grants totaling $7,642,084. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
Brett D Rogers Secretary | 1 | $0 | |
Michael D Hankin Chairman | 1 | $0 | |
Shannon Pierce Treasurer | 1 | $0 | |
Catherine P Mcdonnell President | 1 | $0 | |
Brian Cobb Vice President | 1 | $0 | |
Charlie Constable Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,868,456 |
| Interest on Savings | $0 |
| Dividends & Interest | $100,139 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,963 |
| Capital Gain Net Income | $30,963 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,035 |
| Total Revenue | $2,998,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,225 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,820 |
| Total operating and administrative expenses | $14,884 |
| Contributions, gifts, grants paid | $3,142,077 |
| Total expenses and disbursements | $3,156,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $722,672 |
| 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 | $102,138 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,871,813 |
| 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, Brown Advisory Charitable Foundation Inc has awarded $3,142,077 in support to 203 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: PROGRAM SUPPORT | $1,100 |
AYI CAN HELP PURPOSE: PROGRAM SUPPORT | $500 |
CHINESE CONSOLIDATED BENEVOLENT ASSOCIAT PURPOSE: PROGRAM SUPPORT | $2,500 |
BALTIMORE HOMECOMING PURPOSE: PROGRAM SUPPORT | $25,000 |
ELS FOR AUTISM FOUNDATION PURPOSE: PROGRAM SUPPORT | $8,000 |
LAND PRESERVATION TRUST PURPOSE: PROGRAM SUPPORT | $1,500 |