Joan B & Richard L Barovick Fam Foundation
- Assets
- $31.8k
- Revenue
- $23.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 01/1996
- Data as of
- 12/2022
- EIN
- 13-7074075
Organization Overview
Joan B & Richard L Barovick Fam Foundation is located in Palm Beach Gardens, FL. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Joan B & Richard L Barovick Fam 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, Joan B & Richard L Barovick Fam Foundation generated $23.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $56.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Joan B & Richard L Barovick Fam Foundation has awarded 152 individual grants totaling $410,227. 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 |
|---|---|---|---|
Richard Barovick Director | 0 | $0 | |
Joan Barovick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,600 |
| Interest on Savings | $0 |
| Dividends & Interest | $254 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,313 |
| Capital Gain Net Income | $19,313 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,167 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $3,750 |
| Contributions, gifts, grants paid | $53,146 |
| Total expenses and disbursements | $56,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,826 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,826 |
| 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, Joan B & Richard L Barovick Fam Foundation has awarded $53,146 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: OPERATING SUPPORT | $1,000 |
AMERICAN HEART ASSOCIATION PURPOSE: OPERATING SUPPORT | $1,000 |
DOROT PURPOSE: OPERATING SUPPORT | $250 |
AMERICAN CIVIL LIBERTIES UNION PURPOSE: OPERATING SUPPORT | $1,000 |
FRENCHMANS CREEK CHARITIES FOUNDATION PURPOSE: OPERATING SUPPORT | $10,000 |
ISRAEL TENNIS CENTER FOUNDATION PURPOSE: OPERATING SUPPORT | $1,000 |