Sky Bight Foundation Inc
- Assets
- $460.5k
- Revenue
- $74.0k
- Investments
- $440.4k
- Employees
- 0
- Location
- Bristol, CT
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 22-3514004
Organization Overview
Sky Bight Foundation Inc is located in Bristol, CT. The organization was established in 1997. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Sky Bight 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, Sky Bight Foundation Inc generated $74.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $92.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sky Bight Foundation Inc has awarded 160 individual grants totaling $906,610. 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 |
|---|---|---|---|
Jarre B Betts Chair/treasurer | 0 | $0 | |
Barbara Hackman Franklin President/secretary | 0 | $0 | |
Thomas O Barnes Vice President | 0 | $0 | |
Mark Mcguire Bk Of America Recording Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $634 |
| Dividends & Interest | $23,422 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,968 |
| Capital Gain Net Income | $77,453 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $4,470 |
| Contributions, gifts, grants paid | $88,425 |
| Total expenses and disbursements | $92,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,111 |
| 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 | $460,498 |
| 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, Sky Bight Foundation Inc has awarded $88,425 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BRISTOL BOYS & GIRLS CLUB & FAMILY CENTER PURPOSE: FUNDING TO SUPPORT THE ENDOWMENT | $5,000 |
BRISTOL BOYS & GIRLS CLUB & FAMILY CENTER PURPOSE: FUNDING FOR THE COMPUTER LAB | $5,000 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: FUNDING TO SUPPORT THE HOSPITAL | $900 |
COMMUNITY FOUNDATION OF THE NORTH STATE PURPOSE: FUNDING TO SUPPORT THE SAM CHASE MEMORIAL FUND | $2,475 |
THE RON FOLEY PANCREATIC FOUNDATION PURPOSE: FUNDING TO SUPPORT THE FOUNDATION IN HONOR AND MEMORY OF DAWN BURKE | $900 |
ENVIRONMENTAL LEARNING CENTERS OF CONNECTICUT PURPOSE: FUNDING TO BUILD NEW ALL ACCESSIBLE TRAIL AT BARNES NATURE CENTER | $46,000 |