Britton Fund
- Assets
- $20.3m
- Revenue
- $1.2m
- Investments
- $17.9m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 03/1954
- Data as of
- 12/2022
- EIN
- 34-6513616
Organization Overview
Britton Fund is located in Philadelphia, PA. The organization was established in 1954. 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. Britton 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, Britton Fund generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (30.8%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Britton Fund has awarded 68 individual grants totaling $1,752,000. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynda R Britton Trustee/president | 5 | $5,000 | |
Terence B Britton Trustee/vice President | 5 | $5,000 | |
Timothy C Britton Trustee/vice President | 5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $307,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $587,447 |
| Capital Gain Net Income | $587,447 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $322,200 |
| Total Revenue | $1,217,224 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,687 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $214,145 |
| Contributions, gifts, grants paid | $1,300,000 |
| Total expenses and disbursements | $1,514,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,424,877 |
| 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 | $17,872,703 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,297,580 |
| 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, Britton Fund has awarded $1,300,000 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
SEE SCHEDULE ATTACHED PURPOSE: SEE ATTACHED | $834,000 |
BAGADUCE PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
BLUE HILL LIBRARY PURPOSE: GENERAL CHARITABLE PURPOSES | $22,000 |
BLUE HILL HERITAGE FUND PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000 |
BLUE SKY BRIDGE PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |
BOULDER MUSEUM OF CONTEMPORARY ART PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000 |