Howard Bayne Fund
- Assets
- $12.7m
- Revenue
- $2.0m
- Investments
- $12.2m
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 12/1961
- Data as of
- 12/2021
- EIN
- 13-6100680
Organization Overview
Howard Bayne Fund is located in Garden City, NY. The organization was established in 1961. 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. Howard Bayne Fund 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, Howard Bayne Fund generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.7% 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, Howard Bayne Fund has awarded 231 individual grants totaling $1,810,000. 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 |
|---|---|---|---|
Diana DE Vegh Director | 0.25 | $0 | |
Daisy Paradis Vice President | 0.25 | $0 | |
Pierre J DE Vegh Director | 0.25 | $0 | |
Gurdon S Wattles Director | 0.25 | $0 | |
Elizabeth W Wilkes Director | 0.25 | $0 | |
David Ashevlin Secretary And Treasurer | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simpson Thacher Bartlett Llp | 12/30/21 | $51,919 |
Us Trust Bank Of America Private Wealth | 12/30/21 | $98,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $309,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,685,052 |
| Capital Gain Net Income | $1,685,052 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,994,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,194 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $167,818 |
| Contributions, gifts, grants paid | $905,000 |
| Total expenses and disbursements | $1,072,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $446,208 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,659,461 |
| 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, Howard Bayne Fund has awarded $905,000 in support to 114 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $63,350 |
Bernardsville, NJ PURPOSE: GENERAL SUPPORT | $41,800 |
New York, NY PURPOSE: GENERAL SUPPORT | $41,000 |
LOTUS FINE ARTS PURPOSE: GENERAL SUPPORT | $39,000 |
THE JUDSON MEMORIAL CHURCH FBO FOR THE MINISTERS PURSE PURPOSE: GENERAL SUPPORT | $35,000 |
San Rafael, CA PURPOSE: GENERAL SUPPORT | $33,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |