Barnhill Family Foundation
- Assets
- $24.9m
- Revenue
- $5.5m
- Investments
- $24.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 45-4917069
Organization Overview
Barnhill Family Foundation is located in Wilmington, DE. The organization was established in 2014. 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. Barnhill 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 06/2022, Barnhill Family Foundation generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 56.0% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 18.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Barnhill Family Foundation has awarded 246 individual grants totaling $5,598,478. 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 |
|---|---|---|---|
Austin Barnhill Dir | 1 | $0 | |
Christian Barnhill Dir | 1 | $0 | |
Penny Barnhill Dir, VP | 1 | $0 | |
Sarah Barnhill Dir | 1 | $0 | |
Robert Barnhill III Dir | 1 | $0 | |
Robert E Barnhill Jr Pres, Dir, Sec | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trust Of The South | 6/29/22 | $103,930 |
Foundation Source | 6/29/22 | $86,914 |
Barnhill Contracting Company | 6/29/22 | $57,285 |
The Simple Steward Llc | 6/29/22 | $52,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,294,188 |
| Interest on Savings | $989 |
| Dividends & Interest | $495,239 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $690,444 |
| Capital Gain Net Income | $690,444 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,480,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,885 |
| Printing and publications | $0 |
| Other expenses | $88,429 |
| Total operating and administrative expenses | $326,229 |
| Contributions, gifts, grants paid | $1,548,956 |
| Total expenses and disbursements | $1,875,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $580,745 |
| 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 | $24,864,325 |
| 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, Barnhill Family Foundation has awarded $1,548,956 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITIES TENNIS ASSOCIATION OF NORTH CAROLINA PURPOSE: FOOTPRINTS ON THE COURT/ABILITIES TENNIS | $1,000 |
BOARD OF CONTROL FOR SOUTHERN REGIONAL EDUCATION PURPOSE: THE NORTH CAROLINA PATHWAYS TO EXCELLENCE FOR TEACHING PROFESSIONALS | $25,000 |
BOY SCOUTS OF AMERICA PURPOSE: 2021 ECC NORTHERN REGION DISTINGUISHED CITIZEN AWARDS PROGRAM | $1,250 |
BOYS & GIRLS CLUBS OF THE COASTAL PLAIN INC PURPOSE: FORMULA FOR IMPACT | $30,000 |
BOYS & GIRLS CLUBS OF THE TAR RIVER REGION INC PURPOSE: FACILITY UPDATES FUND | $8,000 |
BOYS & GIRLS CLUBS OF THE COASTAL PLAIN INC PURPOSE: LUCILLE GORHAM INTERGENERATIONAL COMMUNITY CENTER | $15,000 |