Burt Family Foundation Dtd 050997
- Assets
- $502.8k
- Revenue
- -$31.6k
- Investments
- $338.8k
- Employees
- 0
- Location
- Hilton Head Island, SC
- Founding
- 03/1999
- Data as of
- 04/2023
- EIN
- 36-7190233
Organization Overview
Burt Family Foundation Dtd 050997 is located in Hilton Head Island, SC. The organization was established in 1999. 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. Burt Family Foundation Dtd 050997 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Burt Family Foundation Dtd 050997 has awarded 115 individual grants totaling $1,311,549. 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 |
|---|---|---|---|
Robert N Burt Trustee | 1 | $0 | |
Lynn C Burt Trustee | 1 | $0 | |
Charles R Burt Trustee | 1 | $0 | |
Randolph N Burt Trustee | 1 | $0 | |
Tracy C Burt Trustee | 10 | $39,085 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,873 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$57,521 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$31,648 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,085 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,188 |
| Total operating and administrative expenses | $48,273 |
| Contributions, gifts, grants paid | $341,550 |
| Total expenses and disbursements | $389,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,951 |
| Savings and temporary cash investments | $0 |
| 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 | $502,752 |
| 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, Burt Family Foundation Dtd 050997 has awarded $341,550 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
626 LANDMARK FOUNDATION PURPOSE: ALL CONTRIBUTIONS ARE MADE TO FURTHER THE GOALS OF THE RECIPIENT ORGANIZATION. | $10,000 |
ART INSTITUTE OF CHICAGO PURPOSE: SEE ABOVE | $42,500 |
BAKER DEMONSTRATION SCHOOL PURPOSE: SEE ABOVE | $40,000 |
EVANSTON WILMETTE GOLF CO ASSOC PURPOSE: SEE ABOVE | $5,000 |
HI KITTY KITTY PURPOSE: SEE ABOVE | $5,000 |
LEAP INNOVATION PURPOSE: SEE ABOVE | $17,500 |