Pauline R Barrett Charitable Foundation
- Assets
- $22.5m
- Revenue
- $2.4m
- Investments
- $21.4m
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 82-4638694
Organization Overview
Pauline R Barrett Charitable Foundation is located in Waterloo, IA. The organization was established in 2019. 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. Pauline R Barrett Charitable 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, Pauline R Barrett Charitable Foundation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.8%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pauline R Barrett Charitable Foundation has awarded 27 individual grants totaling $1,992,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $399,452 |
| Interest on Savings | $0 |
| Dividends & Interest | $482,778 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,487,872 |
| Capital Gain Net Income | $1,487,872 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,370,102 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,968 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,162 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $246,297 |
| Contributions, gifts, grants paid | $1,017,000 |
| Total expenses and disbursements | $1,263,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,122,291 |
| 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 | $22,482,661 |
| 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, Pauline R Barrett Charitable Foundation has awarded $1,017,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Cedar Falls, IA PURPOSE: EDUCATIONAL | $600,000 |
Waterloo, IA PURPOSE: EDUCATIONAL | $100,000 |
CEDAR VALLEY HOSPICE PURPOSE: HOSPICE & PALLIATIVE CARE | $100,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: GENERAL OPERATING | $60,000 |
YWCA PURPOSE: EMPOWERING WOMEN | $30,000 |
Waterloo, IA PURPOSE: HISTORICAL | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |