A H Burnett Foundation
- Assets
- $7.4m
- Revenue
- $180.8k
- Investments
- $7.1m
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 10/2006
- Data as of
- 06/2023
- EIN
- 20-3624633
Organization Overview
A H Burnett Foundation is located in Gainesville, FL. The organization was established in 2006. 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. A H Burnett 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 06/2023, A H Burnett Foundation generated $180.8k 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 (9.0%) each year. All expenses for the organization totaled $596.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, A H Burnett Foundation has awarded 54 individual grants totaling $3,607,932. 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 |
|---|---|---|---|
Mary Ellen Burnett Co-Trustee | 25 | $37,386 | |
Janet Jones Co-Trustee | 18 | $34,386 | |
H John Feldman Co-Trustee | 18 | $34,386 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,943 |
| Dividends & Interest | $162,998 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,108 |
| Capital Gain Net Income | $8,108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,713 |
| Total Revenue | $180,762 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $106,158 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,188 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $114,333 |
| Contributions, gifts, grants paid | $482,500 |
| Total expenses and disbursements | $596,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,979 |
| Savings and temporary cash investments | $239,568 |
| 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 | $4,560,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,380,764 |
| 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, A H Burnett Foundation has awarded $482,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: CANCER RESEARCH. | $20,000 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: LIBRARY BOOK ENDOWMENT. | $10,000 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: LIBRARY ENDOWMENT. | $15,000 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: AGRICULTURE PROGRAM SCHOLARSHIP ENDOWMENT. | $10,000 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: CONSTRUCTION OF BALL FIELDS. | $175,000 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: LIBRARY CAPITAL IMPROVEMENTS. | $50,000 |