Richard Bury Foundation Inc
- Assets
- $133.9k
- Revenue
- $6.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chanhassen, MN
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 45-0544142
Organization Overview
Richard Bury Foundation Inc is located in Chanhassen, MN. The organization was established in 2006. 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. Richard Bury 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 12/2022, Richard Bury Foundation Inc generated $6.0k 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 (5.5%) each year. All expenses for the organization totaled $55.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Richard Bury Foundation Inc has awarded 32 individual grants totaling $139,500. 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 |
|---|---|---|---|
Blair Bury Board Member | 1 | $0 | |
Beverly Sylvestre Board Member | 1 | $0 | |
Robin Bury Posusta Board Member | 1 | $0 | |
Sandra A Carlson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,027 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,027 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $25 |
| Total operating and administrative expenses | $1,287 |
| Contributions, gifts, grants paid | $54,000 |
| Total expenses and disbursements | $55,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,940 |
| 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 | $117,987 |
| Total assets | $133,927 |
| 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, Richard Bury Foundation Inc has awarded $54,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HIM4HER MINISTRIES PURPOSE: GENERAL SUPPORT | $5,000 |
LAKE AREA DISCOVERY CENTER PURPOSE: SOCIAL SERVICES | $17,000 |
OUR SAVIOR LUTHERAN CHURCH PURPOSE: SOCIAL SERVICES | $17,000 |
SECONDHAND HOUNDS PURPOSE: SOCIAL SERVICES | $7,000 |
ST HUBERTS CATHOLIC PURPOSE: SOCIAL SERVICES | $8,000 |