Burroughs Fund V00728002
- Assets
- $607.4k
- Revenue
- $78.3k
- Investments
- $591.4k
- Employees
- 0
- Location
- Bridgeport, CT
- Founding
- 07/1942
- Data as of
- 09/2022
- EIN
- 06-0646564
Organization Overview
Burroughs Fund V00728002 is located in Bridgeport, CT. The organization was established in 1942. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Burroughs Fund V00728002 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 09/2022, Burroughs Fund V00728002 generated $78.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $64.1k during the year ending 09/2022. While expenses have increased by 5.1% 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, Burroughs Fund V00728002 has awarded 21 individual grants totaling $151,000. 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 |
|---|---|---|---|
Phyllis Marsilius President | 1 | $0 | |
Guy Hatfield Board Member | 1 | $0 | |
Mildred Bunche Board Member | 1 | $0 | |
Peter Russell Secretary/treasurer | 1 | $0 | |
Margaret Hiller Vice President | 1 | $0 | |
Rev Sara D Smith ESQ Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,664 |
| Interest on Savings | $1,717 |
| Dividends & Interest | $17,177 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,737 |
| Capital Gain Net Income | $54,737 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $207 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,093 |
| Contributions, gifts, grants paid | $53,000 |
| Total expenses and disbursements | $64,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,010 |
| 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 | $135,829 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $607,367 |
| 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, Burroughs Fund V00728002 has awarded $53,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NOURISH BRIDGEPORT INC PURPOSE: GENERAL DONATIONS | $17,000 |
Bridgeport, CT PURPOSE: GENERAL DONATIONS | $15,000 |
Bridgeport, CT PURPOSE: GENERAL DONATIONS | $8,000 |
Bridgeport, CT PURPOSE: GENERAL DONATIONS | $5,000 |
PLANNED PARENTHOOD OF SO NE PURPOSE: GENERAL DONATIONS | $4,000 |
Bridgeport, CT PURPOSE: GENERAL DONATIONS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |
Birthright Israel North America Inc New York, NY | $2,756,137 | $5,688,766 |
Soros Economic Development Fund New York, NY | $190,503,205 | $61,273,314 |
Willem De Kooning Foundation New York, NY | $89,591,494 | $5,032,918 |
Planning And Art Resources For Communities Inc New York, NY | $52,479,102 | $4,125,701 |
Howard Karagheusian Comm Corp New York, NY | $34,186,048 | $3,447,711 |