Barr Foundation
- Assets
- $1.8b
- Revenue
- $449.1m
- Investments
- $1.8b
- Employees
- 0
- Location
- Boston, MA
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 04-6579815
Organization Overview
Barr Foundation is located in Boston, MA. The organization was established in 1988. 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. Barr 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, Barr Foundation generated $449.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $157.5m during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 3 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, Barr Foundation has awarded 1,428 individual grants totaling $187,976,921. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
TO INTRODUCE SCHOOL SYSTEMS TO RESEARCH, SUPPORTS, TOOLS, AND RESOURCES THAT WILL DRIVE COVID-19 RECOVERY AND RENEWAL AND TO PROVIDE DEEP, CUSTOM COVID RECOVERY SYSTEM SUPPORTS TO HELP BARR PARTNER DISTRICTS LEVERAGE ESSER FUNDS FOR LONG-TERM TRANSFORMATION.
TO CONTINUE SUPPORT FOR CATALYZE NEW MODELS GRANTEE LEARNING COMMUNITIES.
TO SUPPORT THE EVALUATION OF PHASE TWO OF THE BARR FOUNDATION'S ENGAGE NEW ENGLAND INITIATIVE.
TO SUPPORT A "CULTURE AND COMMUNITY AT A TIME OF CRISIS" STUDY AND THE INCLUSION OF BLACK AND BIPOC AUDIENCES IN THE STUDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Canales - See Statement 18 President And Trustee | 36 | $630,062 | |
Roger Nozaki Vice President Progr | 40 | $371,564 | |
Lynn Harwell Vice President For A | 40 | $314,870 | |
Leah Hamilton Director Of Educatio | 40 | $304,716 | |
Mariella Puerto Director Of Climate | 40 | $258,971 | |
San San Wong Director Of Arts & C | 40 | $224,711 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Attuned Education Partners Llc | 12/30/21 | $1,120,000 |
The Learning Agenda | 12/30/21 | $933,952 |
Sri International | 12/30/21 | $619,097 |
90 West Llc | 12/30/21 | $355,726 |
Slover Linett Audience Research | 12/30/21 | $314,050 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $448,738 |
| Interest on Savings | $22,158 |
| Dividends & Interest | $41,823,286 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $389,393,341 |
| Capital Gain Net Income | $385,161,874 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,461,344 |
| Total Revenue | $449,148,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $630,062 |
| Other employee salaries and wages | $5,308,467 |
| Pension plans, employee benefits | $2,020,142 |
| Interest | $540,738 |
| Taxes | $9,394,951 |
| Depreciation | $93,463 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $21,402 |
| Printing and publications | $1,363 |
| Other expenses | $15,510,764 |
| Total operating and administrative expenses | $57,239,251 |
| Contributions, gifts, grants paid | $100,253,934 |
| Total expenses and disbursements | $157,493,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,993,527 |
| Savings and temporary cash investments | $52,993,314 |
| 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 | $18,588 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,653,366,851 |
| Net Land, buildings, and equipment | $234,688 |
| Other assets | $3,918,805 |
| Total assets | $1,838,977,066 |
| Accounts payable and accrued expenses | $2,338,315 |
| 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 | $22,860,639 |
| Total liabilities | $25,198,954 |
Grants Awarded
Over the last fiscal year, Barr Foundation has awarded $100,253,934 in support to 724 organizations.
| Grant Recipient | Amount |
|---|---|
Springfield, MA PURPOSE: ARTS & CREATIVITY: TO SUPPORT THE ESTABLISHMENT OF THE CREATIVE FUTURES FUND | $5,500,000 |
San Francisco, CA PURPOSE: CLIMATE: TO ACCELERATE THE TRANSITION TO CLEAN ENERGY IN THE NORTHEAST | $3,275,000 |
New York, NY PURPOSE: EDUCATION: TO SUPPORT SPRINGPOINT IN THE IMPLEMENTATION OF ONE COHORT OF A TEACHER TO LEADER FELLOWSHIP | $1,700,000 |
Boston, MA PURPOSE: CLIMATE: TO PROVIDE PROGRAM SUPPORT FOR THE TRANSPORTATION FOR MASSACHUSETTS COALITION | $1,600,000 |
New York, NY PURPOSE: EDUCATION: TO CONTINUE TO LEAD THE TECHNICAL ASSISTANCE FOR THE SCHOOLS IN THE ENGAGE NEW ENGLAND COHORT | $1,500,000 |
Boston, MA PURPOSE: ARTS & CREATIVITY: TO SUPPORT THE NEW ENGLAND FOUNDATION FOR THE ARTS TO RECENTER ITS PUBLIC ART PROGRAM AROUND CONCEPTS OF SPATIAL JUSTICE | $1,200,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Barr Foundation has recieved totaling $13,978.
| Awarding Organization | Amount |
|---|---|
Essex County Community Foundation Incorporated Danvers, MA PURPOSE: GENERAL SUPPORT | $13,978 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellspring Philantropic Fund Inc New York, NY | $117,589,910 | $175,211,153 |
Barr Foundation Boston, MA | $1,838,977,066 | $449,148,867 |
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |