Howard Bayne Fund
- Assets
- $12.6m
- Revenue
- $799.8k
- Investments
- $12.3m
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 12/1961
- Data as of
- 12/2023
- 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 12/2023, Howard Bayne Fund generated $799.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Howard Bayne Fund has awarded 443 individual grants totaling $3,527,600. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana DE Vegh Director | 0.25 | $0 | |
Pierre J DE Vegh Director | 0.25 | $0 | |
Daisy Paradis Vice President | 0.25 | $0 | |
Elizabeth W Wilkes Director | 0.25 | $0 | |
Gurdon S Wattles Director | 0.25 | $0 | |
Alexander B Wattles Director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Trust Bank Of America Private Wealth | 12/30/21 | $98,450 |
Simpson Thacher Bartlett Llp | 12/30/21 | $51,919 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $388,050 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $411,780 |
| Capital Gain Net Income | $411,780 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $799,830 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,254 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $163,455 |
| Contributions, gifts, grants paid | $902,600 |
| Total expenses and disbursements | $1,066,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $345,604 |
| Net Accounts receivable | $201 |
| 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 | $12,619,100 |
| 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 $902,600 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
AIRCRAFT OWNERS AND PILOTS ASSOCIATION PURPOSE: GENERAL SUPPORT | $10,000 |
A MUSICAL HEART PURPOSE: GENERAL SUPPORT | $15,975 |
ALI AKBAR COLLEGE OF MUSIC PURPOSE: GENERAL SUPPORT | $33,000 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL SUPPORT | $8,000 |
AMERICAN SOCIETY FOR PSYCHICAL RESEARCH PURPOSE: GENERAL SUPPORT | $7,500 |
AMERICAN CANCER SOCIETY EASTERN DIVISION PURPOSE: GENERAL SUPPORT | $2,000 |