Eleanor & Ray Bradley Foundation
- Assets
- $3.7m
- Revenue
- $505.6k
- Investments
- $3.4m
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 06-6516193
Organization Overview
Eleanor & Ray Bradley Foundation is located in West Hartford, CT. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Eleanor & Ray Bradley 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 12/2022, Eleanor & Ray Bradley Foundation generated $505.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $293.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Eleanor & Ray Bradley Foundation has awarded 20 individual grants totaling $1,529,359. 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 |
|---|---|---|---|
Name Not Listed Management S | 5 | $50,000 | |
John F Kearns III Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,410 |
| Dividends & Interest | $83,818 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $390,421 |
| Capital Gain Net Income | $390,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $505,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,471 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $83,649 |
| Contributions, gifts, grants paid | $210,000 |
| Total expenses and disbursements | $293,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $231,639 |
| 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 | $70,510 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,650,598 |
| 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, Eleanor & Ray Bradley Foundation has awarded $210,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWEST CATHOLIC HIGH SCHOOL PURPOSE: FUNDING FOR DAMUTH MUSIC ENDOW. | $125,000 |
SEALKIDS INC PURPOSE: ASSIST EDUCATION OF NAVY SEALS KIA | $10,000 |
BROTHERHOOD OF HOPE PURPOSE: ASSIST CATHOLIC MINISTRY IN COLLEGE | $25,000 |
THE HERITAGE FOUNDATION PURPOSE: ASSIST IN STRATEGY FOR GOVT. | $50,000 |