Brady Education Foundation Inc
- Assets
- $16.8m
- Revenue
- $485.9k
- Investments
- $16.6m
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 11/1957
- Data as of
- 06/2024
- EIN
- 39-6064733
Organization Overview
Brady Education Foundation Inc is located in Chapel Hill, NC. The organization was established in 1957. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brady Education Foundation Inc 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 06/2024, Brady Education Foundation Inc generated $485.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $973.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Brady Education Foundation Inc has awarded 40 individual grants totaling $2,689,883. 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 |
|---|---|---|---|
Elizabeth P Bruno President | 30 | $0 | |
Barbara Crockett Secretary & Foundation Administrator | 25 | $76,214 | |
Mark Kuhn Director | 1 | $0 | |
Iheoma U Iruka Director | 1 | $0 | |
Matthew C Peterson Vice President & Treasurer | 1 | $0 | |
Sarah K Hoffman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $452,377 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,084 |
| Capital Gain Net Income | $33,084 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $404 |
| Total Revenue | $485,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $76,214 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,326 |
| Depreciation | $957 |
| Occupancy | $44,656 |
| Travel, conferences, and meetings | $10,868 |
| Printing and publications | $0 |
| Other expenses | $36,489 |
| Total operating and administrative expenses | $316,682 |
| Contributions, gifts, grants paid | $657,174 |
| Total expenses and disbursements | $973,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $214,033 |
| 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 | $2,439,170 |
| Net Land, buildings, and equipment | $4,308 |
| Other assets | $22,838 |
| Total assets | $16,839,221 |
| 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, Brady Education Foundation Inc has awarded $657,174 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN INSTITUTES FOR RESEARCH PURPOSE: PROMOTE THE CARE AND EDUCATION OF CHILDREN | $150,000 |
KENNESAW STATE UNIVERSITY PURPOSE: PROMOTE THE CARE AND EDUCATION OF CHILDREN | $68,801 |
TRUST FOR LEARNING CO NEW VENTURE FUND PURPOSE: PROMOTE THE CARE AND EDUCATION OF CHILDREN | $30,000 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL - FRANK PORTER GRAHAM CHILD DEV PURPOSE: PROMOTE THE CARE AND EDUCATION OF CHILDREN | $227,225 |
UC BERKELEYKENT STATE UNIVERSITY PURPOSE: PROMOTE THE CARE AND EDUCATION OF CHILDREN | $50,605 |
CHILD CARE SERVICES ASSOCIATION 50TH ANNIVERSARY DONATION PURPOSE: PROMOTE THE CARE AND EDUCATION OF CHILDREN | $518 |