The Batchelor Foundation Inc
- Assets
- $358.6m
- Revenue
- $9.3m
- Investments
- $349.1m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 03/1990
- Data as of
- 06/2022
- EIN
- 65-0188171
Organization Overview
The Batchelor Foundation Inc is located in Miami Beach, FL. The organization was established in 1990. 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. Batchelor 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, Batchelor Foundation Inc generated $9.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $24.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Batchelor Foundation Inc has awarded 2,259 individual grants totaling $180,913,732. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne O Batchelor-Robjohns Trustee & Ceo, Chairman, Secretary | 40 | $228,235 | |
Nancy Ansley Treasurer & CFO | 40 | $223,436 | |
Jon Batchelor Trustee, Exec. V President | 40 | $183,466 | |
Caridad Velasco Controller | 30 | $131,629 | |
Jack Falk Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zazove Associates Llc | 6/29/22 | $302,800 |
Gryphon International Investment Corp | 6/29/22 | $224,634 |
Mondrian All Countries World Equity Fund | 6/29/22 | $223,172 |
Southern Sun Asset Managesouthern Sun Asment&r&&n& | 6/29/22 | $164,547 |
Champlain Investment Partners Llc | 6/29/22 | $184,311 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $135,857 |
| Interest on Savings | $833,003 |
| Dividends & Interest | $10,725,685 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,372,516 |
| Capital Gain Net Income | $32,401,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,480 |
| Total Revenue | $9,326,509 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $766,766 |
| Other employee salaries and wages | $130,016 |
| Pension plans, employee benefits | $210,938 |
| Interest | $0 |
| Taxes | $106,843 |
| Depreciation | $42,612 |
| Occupancy | $36,222 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,376,910 |
| Total operating and administrative expenses | $2,680,306 |
| Contributions, gifts, grants paid | $21,775,200 |
| Total expenses and disbursements | $24,455,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,431,301 |
| 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 | $34,967 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $301,238,909 |
| Net Land, buildings, and equipment | $976,992 |
| Other assets | $75,611 |
| Total assets | $358,630,434 |
| Accounts payable and accrued expenses | $36,434 |
| Grants payable | $3,550,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | -$425,833 |
| Total liabilities | $3,160,601 |
Grants Awarded
Over the last fiscal year, The Batchelor Foundation Inc has awarded $22,175,200 in support to 325 organizations.
| Grant Recipient | Amount |
|---|---|
Palmetto Bay, FL PURPOSE: GENERAL OPERATIONS & ENDOWMENT | $2,500,000 |
Palmetto Bay, FL PURPOSE: GENERAL OPERATIONS & ENDOWMENT | $1,400,000 |
UNIVERSITY OF MIAMI MILLER SCHOOL OF MEDICINE PURPOSE: GENERAL OPERATIONS | $765,000 |
Davie, FL PURPOSE: GENERAL OPERATIONS & CAPITAL IMPROVEMENT | $682,500 |
PHILIP & PATRICIA FROST MUSEUM(MUSEUM OF SCIENCE) PURPOSE: GENERAL OPERATIONS | $500,000 |
Miami, FL PURPOSE: GENERAL OPERATIONS | $475,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Batchelor Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Feeding Pets Of The Homeless Carson City, NV PURPOSE: ENDOWMENT | $5,000 |
Feeding Pets Of The Homeless Carson City, NV PURPOSE: ENDOWMENT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
The Marie-Josee And Henry R Kravis Foundation West Palm Beach, FL | $65,193,748 | $101,287,799 |
Peter@degeorge Family Foundation Inc Palm Beach Gardens, FL | $1,828,456 | $678,712 |
The Batchelor Foundation Inc Miami Beach, FL | $358,630,434 | $9,326,509 |
Lettie Pate Evans Foundation Inc Atlanta, GA | $69,308,402 | $17,897,458 |
Cornelia T Bailey Charitable Trust West Palm Beach, FL | $355,586,591 | $19,852,168 |
James M Cox Foundation Of Ga Inc Atlanta, GA | $0 | $81,966,247 |
Georgia Power Foundation Inc In Receivership Atlanta, GA | $222,309,509 | $29,809,906 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |