Bradley Henry Barnes & Leila Barnes Memorial Tr is located in Bristol, CT. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Bradley Henry Barnes & Leila Barnes Memorial Tr 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 12/2022, Bradley Henry Barnes & Leila Barnes Memorial Tr generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 6 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, Bradley Henry Barnes & Leila Barnes Memorial Tr has awarded 77 individual grants totaling $4,615,057. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CHARITABLE ACTIVITIES OF THE MAIN STREET COMMUNITY FOUNDATION BY IMPROVING THE HEALTH, MEDICAL CARE AND WELLNESS OF THE SOUTHINGTON, CT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS MADE IN RESPONSE TO GENERAL HEALTH
GRANTS MADE IN RESPONSE TO MENTAL HEALTH
GRANTS MADE IN RESPONSE TO FOOD, NUTRITION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Sadecki President & CEO | OfficerTrustee | 2 | $0 |
Daniel J Daigle Vice Chair | OfficerTrustee | 1 | $0 |
Marguerite P Fletcher Past Chair Of The Board | OfficerTrustee | 1 | $0 |
William R Micari Treasurer | OfficerTrustee | 1 | $0 |
Kathryn C Reinhard Secretary | OfficerTrustee | 1 | $0 |
Scott Fournier Chair Of The Board | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $579,410 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $912,762 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,492,172 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $897,243 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $501 |
Fees for services: Accounting | $2,074 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $115,733 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $923 |
All other expenses | $0 |
Total functional expenses | $1,197,374 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $151,091 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $19,489,242 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $19,640,333 |
Accounts payable and accrued expenses | $41,278 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $41,278 |
Net assets without donor restrictions | $19,599,055 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $19,640,333 |
Over the last fiscal year, Bradley Henry Barnes & Leila Barnes Memorial Tr has awarded $890,993 in support to 13 organizations.
Grant Recipient | Amount |
---|---|
ARC OF SOUTHINGTON PURPOSE: CONSTRUCTION OF PAVILION FOR CLIENT AND COMMUNITY PROGRAMS | $80,000 |
BREAD FOR LIFE INC PURPOSE: SUPPORT THE FOOD PROGRAM INCLUDING PACKAGING AND DELIVERY COSTS. | $68,000 |
FRIENDS OF SOUTHINGTON COMMUNITY SERVICES PURPOSE: FOOD, FUEL ASSISTANCE AND OTHER BASIC NEEDS | $15,500 |
EARLY CHILDHOOD COLLABORATIVE OF SOUTHINGTON PURPOSE: HEALTHY INITIATIVES FOR YOUTH/CAREGIVERS | $25,000 |
LEWIS EDUCATIONAL AGRICULTURAL FARM PURPOSE: SUPPORT FOR EMPOWERING PARTNERSHIP AND RESILIENT LIVING PROGRAMS | $60,250 |
PRUDENCE CRANDALL CENTER PURPOSE: UNRESTRICTED OPERATING SUPPORT, EMERGENCY SHELTER SERVICES AND DOMESTIC VIOLENCE INTERVENTION AND PREVENTION | $50,000 |