Bardes Fund is located in Cincinnati, OH. The organization was established in 1958. 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. Bardes Fund 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, Bardes Fund generated $147.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $142.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bardes Fund has awarded 94 individual grants totaling $739,051. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Merrilyn Bardes President | 0.5 | $0 | |
Rebecca Barron Treasurer | 4 | $0 | |
Thomas Quinn Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $6 |
Dividends & Interest | $43,933 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $103,218 |
Capital Gain Net Income | $103,218 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $147,157 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,119 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,894 |
Total operating and administrative expenses | $15,200 |
Contributions, gifts, grants paid | $127,101 |
Total expenses and disbursements | $142,301 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,151 |
Savings and temporary cash investments | $22,125 |
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 | $1,564,670 |
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, Bardes Fund has awarded $127,101 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
BOSTON COLLEGE PURPOSE: EDUCATIONAL ASSISTANCE | $12,000 |
CINCINNATI SYMPHONY PURPOSE: THEATER PROGRAM ASSISTANCE | $5,000 |
CINCINNATI BALLET PURPOSE: ARTS PROGRAM ASSISTANCE | $11,801 |
PALM BEACH DAY ACADEMY PURPOSE: EDUCATION | $33,500 |
CINCINNATI MUSEUM CENTER PURPOSE: ARTS PROGRAM ASSISTANCE | $2,000 |
THE SEVEN HILLS SCHOOL PURPOSE: EDUCATION | $22,800 |