Brady Foundation Inc
- Assets
- $6.7m
- Revenue
- $229.3k
- Investments
- $6.5m
- Employees
- 0
- Location
- Billings, MT
- Founding
- 01/1988
- Data as of
- 01/2024
- EIN
- 74-2474880
Organization Overview
Brady Foundation Inc is located in Billings, MT. The organization was established in 1988. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Brady 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 01/2024, Brady Foundation Inc generated $229.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $240.2k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Brady Foundation Inc has awarded 116 individual grants totaling $1,972,300. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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 |
|---|---|---|---|
Katherine Vincent Director | 0.5 | $0 | |
Kerry B Vincent Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $176,775 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,593 |
| Capital Gain Net Income | $50,593 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,929 |
| Total Revenue | $229,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $147 |
| Taxes | $4,541 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,662 |
| Total operating and administrative expenses | $78,161 |
| Contributions, gifts, grants paid | $162,000 |
| Total expenses and disbursements | $240,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,169 |
| Savings and temporary cash investments | $0 |
| 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 | $705,394 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,119 |
| Total assets | $6,681,058 |
| 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, Brady Foundation Inc has awarded $162,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL FUND | $30,000 |
HOLY SPIRIT CATHOLIC CHURCH PURPOSE: GENERAL FUND | $7,000 |
HONOR HEALTH FOUNDATION PURPOSE: GENERAL FUND | $40,000 |
SALVATION ARMY PURPOSE: GENERAL FUND | $25,000 |
WORLD CENTRAL KITCHEN PURPOSE: GENERAL FUND | $30,000 |
WORLD FOOD PROGRAM PURPOSE: GENERAL FUND | $30,000 |