The Greater Baltimore Board Of Realtors Charitable Foundation Inc
- Assets
- $667.0k
- Revenue
- $81.2k
- Investments
- $368.7k
- Employees
- 0
- Location
- Lutherville Timonium, MD
- Founding
- 01/2000
- Data as of
- 06/2022
- EIN
- 52-2143132
Organization Overview
The Greater Baltimore Board Of Realtors Charitable Foundation Inc is located in Lutherville Timonium, MD. The organization was established in 2000. According to its NTEE Classification (T31) the organization is classified as: Community 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. Greater Baltimore Board Of Realtors Charitable Foundation Inc 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 06/2022, Greater Baltimore Board Of Realtors Charitable Foundation Inc generated $81.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $68.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Greater Baltimore Board Of Realtors Charitable Foundation Inc has awarded 17 individual grants totaling $264,629. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GREATER BALTIMORE BOARD OF REALTORS CHARITABLE FOUNDATION, INC. SUPPORTS AND ENGAGES IN CHARITABLE, CIVIC, EDUCATIONAL, AND HUMANITARIAN ACTIVITIES AND PROGRAMS DESIGNED TO IMPROVE THE QUALITY OF LIFE IN NEIGHBORHOODS WITHIN THE BALTIMORE METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISE FUNDS AND DIRECT CONTRIBUTIONS TO VARIOUS NONPROFIT ORGANIZATIONS IN THE BALTIMORE ARE IN THE COLLECTIVE NAME OF THE REALTOR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Hofmann Chairperson | OfficerTrustee | 1 | $0 |
Al Ingraham Staff | Officer | 2 | $0 |
Robin Ballinger Trustee | Trustee | 1 | $0 |
Michael Frank Trustee | Trustee | 1 | $0 |
Ashley Hess Trustee | Trustee | 1 | $0 |
Katie Grove Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,100 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,585 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,685 |
| Total Program Service Revenue | $0 |
| Investment income | $13,679 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,684 |
| Net Income from Fundraising Events | $2,132 |
| Net Income from Gaming Activities | $6,061 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,844 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,172 |
| Fees for services: Other | $12,488 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $68,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,777 |
| Savings and temporary cash investments | $47,284 |
| Pledges and grants receivable | $2,500 |
| Accounts receivable, net | $2,919 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $212,796 |
| Investments—other securities | $368,678 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $666,954 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $128,503 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $666,954 |
Grants Awarded
Over the last fiscal year, The Greater Baltimore Board Of Realtors Charitable Foundation Inc has awarded $44,844 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: SCHOLARSHIPS AND LUNCHEON SPONSOR | $34,844 |
BALTIMORE CITY FIRE FOUNDATION INC PURPOSE: MEMORY OF FALLEN OFFICERS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Greater Baltimore Board Of Realtors Charitable Foundation Inc has recieved totaling $46,658.
| Awarding Organization | Amount |
|---|---|
Greater Baltimore Board Of Realtors Inc Lutherville Timonium, MD PURPOSE: various | $46,658 |
Endowment Analysis
| Beg. Balance | $594,617 |
| Earnings | -$57,885 |
| Ending Balance | $536,732 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Frederick County Maryland Incorporated Frederick, MD | $137,281,850 | $16,443,346 |
The Community Foundation For Northern Virginia Inc Oakton, VA | $80,161,408 | $23,451,822 |
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA | $123,167,161 | $16,344,885 |
York County Community Foundation York, PA | $208,424,639 | $17,313,520 |
Community Foundation Of The Eastern Shore Inc Salisbury, MD | $144,509,312 | $16,050,496 |
Chester County Community Foundation Inc West Chester, PA | $86,163,241 | $21,195,715 |
Mid-Shore Community Foundation Inc Easton, MD | $125,001,314 | $15,563,573 |
Lehigh Valley Community Foundation Allentown, PA | $80,747,413 | $16,923,036 |
Community Foundation Serving Western Virginia Roanoke, VA | $100,299,802 | $12,225,680 |
Rossin Foundation Pittsburgh, PA | $44,448,122 | $6,161,535 |
First Community Foundation Partnership Of Pennsylvania Williamsport, PA | $133,727,811 | $24,687,801 |
Youngstown Foundation Pittsburgh, PA | $152,598,789 | $13,572,418 |