Burns Family Foundation
- Assets
- $3.1m
- Revenue
- $136.7k
- Investments
- $2.9m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 04/1955
- Data as of
- 12/2022
- EIN
- 36-6051686
Organization Overview
Burns Family Foundation is located in Phoenix, AZ. The organization was established in 1955. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burns Family 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, Burns Family Foundation generated $136.7k 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 (8.3%) each year. All expenses for the organization totaled $58.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Burns Family Foundation has awarded 179 individual grants totaling $1,204,929. 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 |
|---|---|---|---|
Patti Boyd Gentry President | 10 | $19,458 | |
Christopher Collins Vice President | 0 | $0 | |
Julie Ann Wrigley Secretary | 0 | $0 | |
Robin B Alden Director | 0 | $0 | |
Laurie Bidegain Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,362 |
| Dividends & Interest | $81,057 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,282 |
| Capital Gain Net Income | $36,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20 |
| Total Revenue | $136,721 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $102 |
| Interest | $0 |
| Taxes | $3,700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,069 |
| Total operating and administrative expenses | $58,692 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $58,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,658 |
| Savings and temporary cash investments | $170,120 |
| 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 | $3,114,939 |
| Accounts payable and accrued expenses | $489 |
| 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 | $489 |
Grants Awarded
Over the last fiscal year, Burns Family Foundation has awarded $237,700 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
BARB'S DOG RESCUE PURPOSE: GENERAL OPERATING | $6,800 |
BARROW NEUROLOGICAL FOUNDATION PURPOSE: GENERAL OPERATING | $25,000 |
CROHN'S & COLITIS FOUND OF AMERICA PURPOSE: GENERAL OPERATING | $2,500 |
CW & DEE MCMULLEN COMMUNITY FOUNDAT PURPOSE: GENERAL OPERATING | $10,000 |
HOUSE MUNICIPAL SCHOOLS PURPOSE: GENERAL OPERATING | $8,500 |
OAK CREST FOUNDATION PURPOSE: GENERAL OPERATING | $1,000 |