Briggs Family Foundation
- Assets
- $1.0m
- Revenue
- $86.5k
- Investments
- $1.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 46-4581746
Organization Overview
Briggs Family Foundation is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Briggs 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, Briggs Family Foundation generated $86.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $84.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Briggs Family Foundation has awarded 51 individual grants totaling $326,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $70 |
| Dividends & Interest | $17,912 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $68,552 |
| Capital Gain Net Income | $72,796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,534 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6 |
| Taxes | $3,315 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,048 |
| Total operating and administrative expenses | $24,669 |
| Contributions, gifts, grants paid | $59,500 |
| Total expenses and disbursements | $84,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,203 |
| 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 | $1,004,913 |
| 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, Briggs Family Foundation has awarded $59,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ASIAN COUNSELING AND REFERRAL SERVICE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
CHINATOWN INTERNATIONAL DISTRICT PRESERVATION AND PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
FAMILY LAW CASA OF KING COUNTY PURPOSE: GENERAL & UNRESTRICTED | $7,500 |
HER FUTURE COALITION INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
SOUTHEAST YOUTH AND FAMILY SERVICES PURPOSE: GENERAL & UNRESTRICTED | $12,000 |
SPACE BETWEEN PURPOSE: GENERAL & UNRESTRICTED | $20,000 |