Harry F Barnes And Carol H Barnes Ffamily Foundation Inc
- Assets
- $5.6m
- Revenue
- $615.8k
- Investments
- $5.5m
- Employees
- 0
- Location
- Bristol, CT
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 20-8718203
Organization Overview
Harry F Barnes And Carol H Barnes Ffamily Foundation Inc is located in Bristol, CT. 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. Harry F Barnes And Carol H Barnes Ffamily Foundation Inc 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, Harry F Barnes And Carol H Barnes Ffamily Foundation Inc generated $615.8k 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 (4.2%) each year. All expenses for the organization totaled $423.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harry F Barnes And Carol H Barnes Ffamily Foundation Inc has awarded 245 individual grants totaling $2,050,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS ESTABLISHED FOR THE SOLE PURPOSE OF PROVIDING GRANTS TO DOMESTIC ORGANIZATIONS WHICH QUALIFY AS CHARITABLE ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND CONTRIBUTIONS WHICH ARE TAX DEDUCTIBLE UNDER SECTION 170(C)(2). IN 2019, THE FOUNDATION DISTRIBUTED A TOTAL OF $312,000 TO 37 ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Dey Chairperson | 5 | $0 | |
Thomas O Barnes President | 5 | $0 | |
Jarre Barnes Betts Secretary | 5 | $0 | |
Michael Wray Treasurer | 5 | $0 | |
Lisa A King Asst. Sec. | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $482,841 |
| Interest on Savings | $1,957 |
| Dividends & Interest | $111,884 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,069 |
| Capital Gain Net Income | $251,767 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $615,751 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,894 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $727 |
| Total operating and administrative expenses | $16,827 |
| Contributions, gifts, grants paid | $407,000 |
| Total expenses and disbursements | $423,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,246 |
| Savings and temporary cash investments | $34,235 |
| 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 | $5,581,135 |
| 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, Harry F Barnes And Carol H Barnes Ffamily Foundation Inc has awarded $407,000 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
AERO METHOW RESCUE SERVICE PURPOSE: GRANT TO CHARITABLE ORGANIZATION | $2,500 |
APPLEGATE VALLEY FIRE DISTRICT #9 PURPOSE: GRANT TO CHARITABLE ORGANIZATION | $10,000 |
BRISTOL BOYS AND GIRLS CLUB PURPOSE: GRANT TO CHARITABLE ORGANIZATION | $5,000 |
BRISTOL HOSPITAL DEVELOPMENT FOUNDATION PURPOSE: GRANT TO CHARITABLE ORGANIZATION | $55,000 |
CALIFORNIA STATE UNIVERSITY - MONTERY BAY PURPOSE: GRANT TO CHARITABLE ORGANIZATION | $1,000 |
CASA OF JACKSON COUNTY PURPOSE: GRANT TO CHARITABLE ORGANIZATION | $9,000 |