Mt Brilliant Foundation
- Assets
- $3.1m
- Revenue
- $691.1k
- Investments
- $2.7m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-1093418
Organization Overview
Mt Brilliant Foundation is located in Lexington, KY. The organization was established in 2009. 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. Mt Brilliant 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 12/2022, Mt Brilliant Foundation generated $691.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mt Brilliant Foundation has awarded 218 individual grants totaling $7,710,111. 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 |
|---|---|---|---|
Hannah Jane Goodman Director | 1 | $0 | |
Harold G Goodman Director | 1 | $0 | |
Hutton Gregory Goodman Chair, Director | 1 | $0 | |
Rebecca Goodman Treasurer, Director | 1 | $0 | |
Mary Jane Goodman Rosenstein Director | 1 | $0 | |
H Viterbo Goodman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $2,199 |
| Dividends & Interest | $116,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $567,449 |
| Capital Gain Net Income | $567,449 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $691,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,796 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,801 |
| Total operating and administrative expenses | $59,803 |
| Contributions, gifts, grants paid | $1,125,602 |
| Total expenses and disbursements | $1,185,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $402,516 |
| 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 | $28,700 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,072,971 |
| 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 | $4,714 |
| Total liabilities | $4,714 |
Grants Awarded
Over the last fiscal year, Mt Brilliant Foundation has awarded $1,125,602 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF THE BLUEGRASS PURPOSE: GENERAL SUPPORT | $5,000 |
BLUEGRASS LAND CONSERVANCY PURPOSE: GENERAL SUPPORT | $20,000 |
CLEVELAND CLINIC FOUNDATION PURPOSE: GOODMAN FAMILY FUND | $200,000 |
FAYETTE ALLIANCE FOUNDATION PURPOSE: GENERAL SUPPORT | $115,000 |
GRAYSON JOCKEY CLUB RESEARCH FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
KENTUCKY EQUINE EDUCATION PROJECT PURPOSE: GENERAL SUPPORT | $12,000 |