Basalt Foundation Inc

Organization Overview

Basalt Foundation Inc is located in Santa Fe, NM. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Basalt 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 12/2021, Basalt Foundation Inc generated $29.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $22.6k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3
Dividends & Interest $3,504
Net Rental Income$0
Net Gain on Sale of Assets $25,716
Capital Gain Net Income $25,716
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $29,223

Grants Awarded

Over the last fiscal year, Basalt Foundation Inc has awarded $14,000 in support to 6 organizations.

Grant RecipientAmount

COMMUNITIES IN SCHOOLS

PURPOSE: EDUCATION

$2,500

FOOD & WATER WATCH

PURPOSE: FOOD AND WATER SUSTAINABLITY

$2,500

SANTA FE HABITAT FOR HUMANITY

PURPOSE: AFFORDABLE HOUSING

$2,500

Santa Fe, NM

PURPOSE: FOOD FOR THE NEEDY

$2,500

Santa Fe, NM

PURPOSE: FOOD FOR THE NEEDY

$2,500

LOS ALAMOS STUDY GROUP

Org PageRecipient Profile

Albuquerque, NM

PURPOSE: SOCIAL JUSTICE

$1,500
View Grant Profile

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