Aimee And Frank Batten Jr Foundation
- Assets
- $0.0
- Revenue
- $520.5k
- Investments
- $2.7m
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 04/1998
- Data as of
- 12/2020
- EIN
- 54-1879266
Organization Overview
Aimee And Frank Batten Jr Foundation is located in Norfolk, VA. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Aimee And Frank Batten Jr 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 12/2020, Aimee And Frank Batten Jr Foundation generated $520.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (58.2%) each year. All expenses for the organization totaled $100.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (79.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $59 |
| Dividends & Interest | $110,264 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,594 |
| Total Revenue | $520,526 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $100,504 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $100,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,904 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Aimee And Frank Batten Jr Foundation has awarded $600,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $550,000 |
Norfolk, VA PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Charitable Foundation Inc Bethesda, MD | $421,128,793 | $429,131,785 |
Claude Moore Charitable Foundation Fairfax, VA | $240,670,570 | $26,185,543 |
Community Anti-Drug Coalitions Of America Alexandria, VA | $15,283,034 | $14,789,686 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
Kolibri Foundation Inc Washington, DC | $25,943,036 | $16,488,107 |
George Wolf Memorial Intrvs Tr Ua 08082003 Washington, DC | $12,689,943 | $2,315,178 |