Barrett Family Foundation Tr
- Assets
- $5.5m
- Revenue
- $115.4k
- Investments
- $5.4m
- Employees
- 0
- Location
- Clearwater, FL
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-7200163
Organization Overview
Barrett Family Foundation Tr is located in Clearwater, FL. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Barrett Family Foundation Tr 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, Barrett Family Foundation Tr generated $115.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $502.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Barrett Family Foundation Tr has awarded 66 individual grants totaling $1,114,290. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION AND TRAINING TO WOMEN TO ENCOURAGE THEM TO ENGAGE IN PHILANTHROPIC ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Barrett Chair | 0 | $0 | |
Erika L Barrett Co-Trustee | 0 | $0 | |
Michele Barrett-Skelly Executive Di | 0 | $54,923 | |
Samantha Tuczynski Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15 |
| Interest on Savings | $9,608 |
| Dividends & Interest | $95,866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,750 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $472 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,655 |
| Total Revenue | $115,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,923 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,244 |
| Interest | $33,372 |
| Taxes | $3,501 |
| Depreciation | $317 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $28,926 |
| Printing and publications | $0 |
| Other expenses | $3,970 |
| Total operating and administrative expenses | $160,514 |
| Contributions, gifts, grants paid | $342,391 |
| Total expenses and disbursements | $502,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,478 |
| 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 | $0 |
| Total assets | $5,460,214 |
| Accounts payable and accrued expenses | $297 |
| 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 | $297 |
Grants Awarded
Over the last fiscal year, Barrett Family Foundation Tr has awarded $342,391 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AGENCY FOR COMMUNITY TREATMENT PURPOSE: HOMELESSNESS/MENTAL HEALTH | $35,000 |
AMERICAN SWISS FOUNDATION INC PURPOSE: EDUCATION | $70,000 |
METROPOLITAN MINISTRIES INC PURPOSE: HOMELESSNESS/MENTAL HEALTH | $96,591 |
NAVY SEAL FOUNDATION PURPOSE: VETERANS ADVOCACY | $52,500 |
SERVICE SOURCE PURPOSE: VOCATIONAL PROGRAM | $20,000 |
SHANDS TEACHING HOSPITAL & CLINICS PURPOSE: EDUCATION | $500 |