The Norby Family Foundation
- Assets
- $789.5k
- Revenue
- $28.0k
- Investments
- $754.9k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 46-1571598
Organization Overview
The Norby Family Foundation is located in Wilmington, DE. The organization was established in 2013. 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. Norby 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 12/2023, Norby Family Foundation generated $28.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Norby Family Foundation has awarded 25 individual grants totaling $186,885. 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 |
|---|---|---|---|
Ronald Norby Pres, Dir, Sec | 1 | $0 | |
Vicki Norby Dir, VP | 1 | $0 | |
Wade A Norby Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $456 |
| Dividends & Interest | $17,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,950 |
| Capital Gain Net Income | $9,950 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,953 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $269 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,088 |
| Total operating and administrative expenses | $8,148 |
| Contributions, gifts, grants paid | $37,500 |
| Total expenses and disbursements | $45,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,575 |
| 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 | $789,493 |
| 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 Norby Family Foundation has awarded $37,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FOOTHILLS GATEWAY INC PURPOSE: ACS REPAIRS AND FURNISHINGS, INFANT SUPPORT TEAM, & START COORDINATION | $17,500 |
BOYS AND GIRLS CLUBS OF METRO DENVER INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
THINKHUMANITY INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
UNIVERSITY OF COLORADO FOUNDATION-DENVER CAMPUS PURPOSE: GENERAL & UNRESTRICTED | $5,000 |