Bryan Area Foundation
- Assets
- $42.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Bryan, OH
- Founding
- 02/1970
- Data as of
- 06/2024
- EIN
- 23-7041310
Organization Overview
Bryan Area Foundation is located in Bryan, OH. The organization was established in 1970. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2024, Bryan Area Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bryan Area 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 06/2024, Bryan Area Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bryan Area Foundation has awarded 194 individual grants totaling $5,338,955. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CHARITABLE ORGANIZATIONS IN THE WILLIAMS COUNTY, OHIO AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION AWARDS COLLEGE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS THROUGHOUT WILLIAMS COUNTY. THESE SCHOLARSHIPS ARE BASED ON BOTH NEED AND MERIT.
OTHER PROGRAM EXPENSE USED TO SUPPORT CHARITABLE ORGANIZATIONS IN THE WILLIAMS COUNTY, OHIO AREA.
THE ORGANIZATION AWARDS GRANTS TO NUMEROUS NON-PROFITS MOSTLY IN THE WILLIAMS COUNTY AREA. SPECIFICALLY, GRANTS ARE FROM ENDOWMENT FUNDS SET UP ON BEHALF OF AREA SCHOOLS, CHURCHES, SOCIAL SERVICE AGENCIES, ANIMAL SHELTERS, YOUTH PROGRAMS AND LOCAL UNITED WAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Miller President/ce | Officer | 40 | $114,480 |
Carolyn Dorsten Trustee | Trustee | 1 | $0 |
Karen K Gallagher Trustee | Trustee | 1 | $0 |
George H Gardner Asst. Treasu | OfficerTrustee | 1 | $0 |
Dottie Hallett Trustee | Trustee | 1 | $0 |
Stephen Hess Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $603,467 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $603,467 |
| Total Program Service Revenue | $0 |
| Investment income | $1,216,299 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$295,203 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,524,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $763,569 |
| Grants and other assistance to domestic individuals. | $293,116 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,480 |
| Compensation of current officers, directors, key employees. | $57,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,071 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,137 |
| Payroll taxes | $18,938 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $122,793 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,003 |
| Office expenses | $17,536 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,505 |
| Travel | $717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,669 |
| Interest | $0 |
| Payments to affiliates | $932 |
| Depreciation, depletion, and amortization | $12,216 |
| Insurance | $9,813 |
| All other expenses | -$4,702 |
| Total functional expenses | $1,588,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,947 |
| Savings and temporary cash investments | $1,491,478 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $498,786 |
| Investments—publicly traded securities | $39,930,507 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $212,680 |
| Total assets | $42,136,398 |
| Accounts payable and accrued expenses | $775,623 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $775,623 |
| Net assets without donor restrictions | $3,958,286 |
| Net assets with donor restrictions | $37,402,489 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $42,136,398 |
Grants Awarded
Over the last fiscal year, Bryan Area Foundation has awarded $646,721 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK SWAMP AREA COUNCIL BOY SCOUTS PURPOSE: DINING HALL | $26,121 |
BRYAN ATHLETIC BOOSTERS PURPOSE: STADIUM PRESS BOX | $200,000 |
BRYAN CITY SCHOOLS PURPOSE: SUPPORT | $14,355 |
BRYAN DEVELOPMENT FOUNDATION | | | $20,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: OPERATING | $11,687 |
FOUR COUNTY CAREER CENTER PURPOSE: OPERATING | $11,826 |