John E & Nellie J Bastien Memorial Foundation
- Assets
- $8.4m
- Revenue
- $463.4k
- Investments
- $8.1m
- Employees
- 0
- Location
- Pompano Beach, FL
- Founding
- 12/1966
- Data as of
- 12/2021
- EIN
- 59-6160694
Organization Overview
John E & Nellie J Bastien Memorial Foundation is located in Pompano Beach, FL. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. John E & Nellie J Bastien Memorial 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 12/2021, John E & Nellie J Bastien Memorial Foundation generated $463.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $602.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John E & Nellie J Bastien Memorial Foundation has awarded 186 individual grants totaling $815,000. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE FOUNDATION MAKES QUALIFYING DISTRIBUTIONS DIRECTLY TOAND FOR THE ACTIVE CONDUCT OF QUALIFIED ORGANIZATIONS.DISTRIBUTIONS ARE MADE DIRECTLY FOR THE ACTIVE CONDUCT
OF THE ACTIVITIES CONSTITUTING THE PURPOSE OR FUNCTION FOR WHICH IT IS ORGANIZED AND OPERATED.
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 |
|---|---|---|---|
Scott L Porter Trustee | 2 | $40,000 | |
Jill T Lawson Trustee | 2 | $40,000 | |
Carolyn E Schneider Trustee | 2 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,057 |
| Dividends & Interest | $362,224 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $81,076 |
| Capital Gain Net Income | $86,709 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $463,357 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $24,171 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,371 |
| Depreciation | $0 |
| Occupancy | $14,570 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,004 |
| Total operating and administrative expenses | $189,246 |
| Contributions, gifts, grants paid | $413,000 |
| Total expenses and disbursements | $602,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $248,946 |
| 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 | $1,277 |
| Total assets | $8,397,436 |
| 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, John E & Nellie J Bastien Memorial Foundation has awarded $413,000 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
FEEDING SOUTH FLORIDA PURPOSE: UNRESTRICTED | $15,000 |
West Palm Beach, FL PURPOSE: UNRESTRICTED | $12,000 |
Palm Beach Gardens, FL PURPOSE: UNRESTRICTED | $12,000 |
PALM BEACH ATLANTIC UNIVERSITY PAUL C BREMER ENDOWED PURPOSE: UNRESTRICTED | $10,000 |
TRUSTBRIDGE HOSPICE & HOMECARE BY THE SEA PURPOSE: UNRESTRICTED | $7,500 |
4KIDS SOUTH FLORIDA PURPOSE: UNRESTRICTED | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |