Carole A And Norman Barham Family Foundation is located in Albany, NY. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carole A And Norman Barham 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, Carole A And Norman Barham Family Foundation generated $799.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $279.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Carole A And Norman Barham Family Foundation has awarded 17 individual grants totaling $224,600. 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
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Barham Trustee | 1 | $0 | |
Carole A Barham Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $185,787 |
| Interest on Savings | $18,833 |
| Dividends & Interest | $170,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $424,043 |
| Capital Gain Net Income | $424,043 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $235 |
| Total Revenue | $799,794 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,913 |
| Taxes | $1,977 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $30,944 |
| Contributions, gifts, grants paid | $248,300 |
| Total expenses and disbursements | $279,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $443,543 |
| 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 | $1,329,158 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,755,421 |
| 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 |
Over the last fiscal year, Carole A And Norman Barham Family Foundation has awarded $224,600 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
TEAMWORK USA EDUCATION CORPORATION PURPOSE: GENERAL | $25,000 |
FRESH YOUTH INITIATIVES INC PURPOSE: GENERAL | $30,000 |
KAUFMAN MUSIC CENTER PURPOSE: GENERAL | $5,000 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION-FLORIDA PURPOSE: GENERAL | $2,000 |
GOOD SHEPHERD FOOD BANK PURPOSE: GENERAL | $1,000 |
PETER WESTBROOK FOUNDATION INC PURPOSE: GENERAL | $10,000 |