Blackthorn Foundation
- Assets
- $2.7m
- Revenue
- $61.8k
- Investments
- $2.7m
- Employees
- 0
- Location
- Great Falls, VA
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-3393745
Organization Overview
Blackthorn Foundation is located in Great Falls, VA. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Blackthorn 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 12/2023, Blackthorn Foundation generated $61.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.1%) each year. All expenses for the organization totaled $125.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Blackthorn Foundation has awarded 17 individual grants totaling $436,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH CONTRIBUTIONS TO PRE-SELECTED CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Drennan Brown Chair | 1 | $0 | |
Paul Anthony Brown Officer And Director | 1 | $0 | |
James Anthony Brown Officer And Director | 1 | $0 | |
Henry Drennan Brown Officer And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $156 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,647 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,954 |
| Capital Gain Net Income | $3,954 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $619 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $186 |
| Total operating and administrative expenses | $805 |
| Contributions, gifts, grants paid | $125,000 |
| Total expenses and disbursements | $125,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,270 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,735,858 |
| 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, Blackthorn Foundation has awarded $125,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
A WOMAN'S CHOICE PURPOSE: FOR GENERAL SUPPORT | $35,000 |
YOUTH LEADERSHIP FOUNDATION PURPOSE: FOR GENERAL SUPPORT | $40,000 |
HOUSE OF MERCY PURPOSE: FOR GENERAL SUPPORT | $50,000 |