The Kenneth S Battye Charitable Trust
- Assets
- $0.0
- Revenue
- $960.6k
- Investments
- $38.3m
- Employees
- 0
- Location
- Lutherville Timonium, MD
- Founding
- 12/1991
- Data as of
- 06/2021
- EIN
- 52-1748587
Organization Overview
The Kenneth S Battye Charitable Trust is located in Lutherville Timonium, MD. The organization was established in 1991. 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. Kenneth S Battye Charitable Trust 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 06/2021, Kenneth S Battye Charitable Trust generated $960.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $2.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Kenneth S Battye Charitable Trust has awarded 220 individual grants totaling $10,159,025. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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 |
|---|---|---|---|
Audrey B Drossner Trustee | 20 | $102,000 | |
Charlotte Floyd Trustee | 20 | $82,000 | |
Raymond A Mason Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rochdale Investment Management | 6/29/22 | $121,461 |
Morgan Stanley Smith Barney | 6/29/22 | $113,664 |
Oracle Capital Strategies Llc | 6/29/22 | $61,225 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,390 |
| Dividends & Interest | $968,531 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,197 |
| Total Revenue | $960,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $184,000 |
| Pension plans, employee benefits | $33,223 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $750,900 |
| Contributions, gifts, grants paid | $2,153,750 |
| Total expenses and disbursements | $2,904,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $13,594,232 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Kenneth S Battye Charitable Trust has awarded $2,067,564 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
PAUL'S PLACE PURPOSE: TO FURTHER THE EXEMPT PURPOSE | $250,000 |
THREAD PURPOSE: TO FURTHER THE EXEMPT PURPOSE | $125,000 |
MANNA HOUSE INC PURPOSE: TO FURTHER THE EXEMPT PURPOSE | $120,105 |
SAVE THE CHILDREN PURPOSE: TO FURTHER THE EXEMPT PURPOSE | $110,000 |
Owings Mills, MD PURPOSE: TO FURTHER THE EXEMPT PURPOSE | $100,000 |
WORLD CENTRAL KITCHEN PURPOSE: TO FURTHER THE EXEMPT PURPOSE | $95,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Morgridge Family Foundation Wilmington, DE | $205,419,134 | $22,580,458 |
GDS Legacy Foundation Inc Wilmington, DE | $0 | $575,846 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
Living Legacy Foundation Wilmington, DE | $129,501,628 | $9,577,224 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |
Laszlo N Tauber Family Foundation Inc North Bethesda, MD | $0 | $1,758,712 |
Breakthrough Prize In Life Sciences Foundation Washington, DC | $615,230 | $10,652,847 |