Burt Family Foundation
- Assets
- $130.3k
- Revenue
- $211.1k
- Investments
- $128.2k
- Employees
- 0
- Location
- Austin, TX
- Founding
- 02/2007
- Data as of
- 12/2023
- EIN
- 20-5811009
Organization Overview
Burt Family Foundation is located in Austin, TX. The organization was established in 2007. 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. Burt Family 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 12/2023, Burt Family Foundation generated $211.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $549.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Burt Family Foundation has awarded 25 individual grants totaling $1,173,989. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ENGAGED SQ ROOT CELLAR CATERING, LOCATED IN SAN DIEGO, CA, TO PREPARE AND PACKAGE FRESH AND HEALTHY FOOD FOR DISTRIBUTION TO UNDERPRIVALEGED AND INDIGENT PERSONS. THE PROGRAM COSTS WERE COMPARABLE TO OTHER EVALUATED ALTERNATIVE DELIVERY COSTS. THE VENDOR PREPARED MEALS, AND PACKAGED AND DISTRIBUTED THOSE MEALS WITH AID FROM THE FOUNDATION'S TRUSTEE.PAYMENTS DIRECTLY TO THIRD PARTY FORFOOD PREP/PACKAGING/DELIVERY $172,886
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory L Burt President | 1 | $0 | |
Donna S Burt Vice President | 1 | $0 | |
Wesley A Burt Director | 1 | $0 | |
Matthew D Burt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,003 |
| Interest on Savings | $1 |
| Dividends & Interest | $7,637 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,497 |
| Capital Gain Net Income | $3,497 |
| Net ST Capital Gain | $2,517 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $211,138 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,278 |
| Contributions, gifts, grants paid | $540,000 |
| Total expenses and disbursements | $549,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $699 |
| 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 | $1,456 |
| Total assets | $130,321 |
| 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, Burt Family Foundation has awarded $951,940 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COASTAL ROOTS PURPOSE: PROGRAMS TO SUPPORT SUSTAINABLE AGRICULTURAL PRACTICES AND COMMUNITY SHARING | $5,000 |
THE LAKEWAY CHURCH PURPOSE: PROVIDE MINISTRY AND OUTREACH PROGRAMS | $250,002 |
EQUATION COLLABORATIVE CORP PURPOSE: FUNDS TO IDENTIFY AND SECURE FOOD SOURCES TO SHARE WITH FAMILIES, AND ENGAGE NON-PROFITS IN SUPPORT OF COMMUNITY | $696,938 |