Owsley Brown Iii Philanthropic Foundation Inc
- Assets
- $10.3m
- Revenue
- $2.4m
- Investments
- $10.1m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 06/2013
- Data as of
- 11/2021
- EIN
- 27-4432014
Organization Overview
Owsley Brown Iii Philanthropic Foundation Inc is located in Louisville, KY. The organization was established in 2013. 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. Owsley Brown Iii Philanthropic 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 11/2021, Owsley Brown Iii Philanthropic Foundation Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $3.2m during the year ending 11/2021. While expenses have increased by 27.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Owsley Brown Iii Philanthropic Foundation Inc has awarded 499 individual grants totaling $8,601,367. 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 |
|---|---|---|---|
Christina Lee Brown Director | 0.5 | $0 | |
Brooke Brown Barzun Director | 0.5 | $0 | |
Owsley Brown III Director/president/secreta | 0.5 | $0 | |
Augusta Brown Holland Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $680,712 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,732,750 |
| Capital Gain Net Income | $1,732,750 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,413,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48,019 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,759 |
| Total operating and administrative expenses | $98,958 |
| Contributions, gifts, grants paid | $3,098,073 |
| Total expenses and disbursements | $3,197,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,328 |
| Savings and temporary cash investments | $141,825 |
| 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 | $831 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,251,848 |
| 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, Owsley Brown Iii Philanthropic Foundation Inc has awarded $3,098,073 in support to 142 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: ANNUAL FUND | $500,000 |
Louisville, KY PURPOSE: MAPLE STREET PARK PROJECT | $273,276 |
Louisville, KY PURPOSE: SCHOLARSHIPS & OPERATIONS | $145,765 |
San Francisco, CA PURPOSE: CAPITAL CAMPAIGN | $125,000 |
TSOKNYI HUMANITARIAN FOUNDATION PURPOSE: TSOKYNI GECHAK LING NUNNERY | $100,000 |
UNIVERSITY OF VIRGINIA PURPOSE: COMPASSIONATE SCHOOLS PROJECT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |