The Barbara@picasso Rex Foundation
- Assets
- $1.1m
- Revenue
- $58.3k
- Investments
- $1.0m
- Employees
- 0
- Location
- W Conshohocken, PA
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 38-7147651
Organization Overview
The Barbara@picasso Rex Foundation is located in W Conshohocken, PA. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Barbara@picasso Rex 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, Barbara@picasso Rex Foundation generated $58.3k 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 (32.9%) each year.
Since 2018, Barbara@picasso Rex Foundation has awarded 44 individual grants totaling $272,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $19,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,447 |
| Capital Gain Net Income | $38,447 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,840 |
| Contributions, gifts, grants paid | $68,000 |
| Total expenses and disbursements | $77,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,178 |
| 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 | $1,087,245 |
| 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, The Barbara@picasso Rex Foundation has awarded $68,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: GENERAL FUND | $5,000 |
INSTITUTE OF CONTEMPORARY ART PURPOSE: GENERAL FUND | $8,000 |
GERMANTOWN FRIENDS SCHOOL PURPOSE: GENERAL FUND | $8,000 |
MEMORIAL SLOAN KETTERING CANCER CENTER PURPOSE: GENERAL FUND | $6,000 |
GO2 FOUNDATION FOR LUNG CANCER (FKA LUNG CANCER ALLIANCE) PURPOSE: GENERAL FUND | $6,000 |
NATURAL RESOURCES DEFENSE COUNCIL INC PURPOSE: GENERAL FUND | $4,000 |