Bailey Charitable Foundation
- Assets
- $2.5m
- Revenue
- $125.3k
- Investments
- $2.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-4085149
Organization Overview
Bailey Charitable Foundation is located in Wilmington, DE. The organization was established in 2015. 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. Bailey Charitable 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, Bailey Charitable Foundation generated $125.3k 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 (10.8%) each year. All expenses for the organization totaled $264.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bailey Charitable Foundation has awarded 121 individual grants totaling $1,805,951. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sidney S Craven President | 1 | $0 | |
Stephen Petrucci Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $125,021 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $300 |
| Capital Gain Net Income | $300 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,615 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,335 |
| Contributions, gifts, grants paid | $240,000 |
| Total expenses and disbursements | $264,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,665 |
| Savings and temporary cash investments | $194,844 |
| 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 | $2,470,881 |
| 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, Bailey Charitable Foundation has awarded $240,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ANTIOCH UNIVERSITY PURPOSE: ANNUAL FUND | $10,000 |
ANTIOCH UNIVERSITY PURPOSE: ANNUAL FUND | $10,000 |
DISTANT HILL GARDENS & NATURE TRAIL PURPOSE: ANNUAL FUND | $10,000 |
HUBBARD BROOK RESEARCH FOUNDATION PURPOSE: ANNUAL FUND | $10,000 |
MOHONK PRESERVE PURPOSE: THE PAUL HUTH ENDOWMENT | $50,000 |
MOHONK PRESERVE PURPOSE: THE DANIEL SMILEY RESEARCH CENTER | $15,000 |