Brabson Library And Educational Foundation Inc
- Assets
- $7.3m
- Revenue
- $325.8k
- Investments
- $6.9m
- Employees
- 0
- Location
- Eagle River, AK
- Founding
- 12/1991
- Data as of
- 06/2023
- EIN
- 59-3021777
Organization Overview
Brabson Library And Educational Foundation Inc is located in Eagle River, AK. The organization was established in 1991. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Brabson Library And Educational 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 06/2023, Brabson Library And Educational Foundation Inc generated $325.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $473.7k during the year ending 06/2023. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Brabson Library And Educational Foundation Inc has awarded 310 individual grants totaling $2,883,128. 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
WASHINGTON UNIVERSITY IN ST. LOUIS
PHOENIX CONSERVACY
OPERA SOUTHWEST
INDIANA FOREST ALLIANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bennet Brabson Member At La | 0 | $0 | |
Elizabeth Feathers Member At La | 0 | $0 | |
Andrew Brabson President | 0 | $0 | |
Laney Brabson Vice Preside | 0 | $0 | |
Steven Brabson Secretary | 0 | $0 | |
Margaret Becker Member At La | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,484 |
| Dividends & Interest | $156,462 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $158,849 |
| Capital Gain Net Income | $158,849 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $325,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $58,234 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,610 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $29,424 |
| Printing and publications | $0 |
| Other expenses | $2,808 |
| Total operating and administrative expenses | $106,076 |
| Contributions, gifts, grants paid | $367,626 |
| Total expenses and disbursements | $473,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$3 |
| Savings and temporary cash investments | $346,932 |
| 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 | $6,920,800 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,000 |
| Total assets | $7,273,729 |
| 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, Brabson Library And Educational Foundation Inc has awarded $367,626 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL HUMANE NEW MEXICO PURPOSE: EDUCATIONAL | $3,000 |
BHG FOUNDATION DBA BLACKGIRLS HACK PURPOSE: EDUCATIONAL | $27,000 |
CATSKILL FLY FISHING CENTER AND MUS PURPOSE: EDUCATIONAL | $10,000 |
CHUGACH MOUNTAIN BIKE RIDERS PURPOSE: EDUCATIONAL | $1,500 |
CONNER PRAIRIE MUSEUM INC PURPOSE: EDUCATIONAL | $5,000 |
CREATIVE LIVING COMMUNITY OF CONNEC PURPOSE: CULTURAL | $8,500 |