Justine & Leslie Bailey Charitable Tr
- Assets
- $2.9m
- Revenue
- $410.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- Grand Junction, CO
- Founding
- 02/1997
- Data as of
- 08/2023
- EIN
- 84-6289135
Organization Overview
Justine & Leslie Bailey Charitable Tr is located in Grand Junction, CO. The organization was established in 1997. 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. Justine & Leslie Bailey Charitable Tr 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 08/2023, Justine & Leslie Bailey Charitable Tr generated $410.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $211.2k during the year ending 08/2023. While expenses have increased by 1.1% per year over the past 5 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.
Since 2019, Justine & Leslie Bailey Charitable Tr has awarded 40 individual grants totaling $822,219. 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
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alpine Bank Wealth Management Trustee | 4 | $5,679 | |
Bok Financial Trustee | 4 | $27,120 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $92,672 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $309,796 |
| Capital Gain Net Income | $309,796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,832 |
| Total Revenue | $410,300 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,324 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,503 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $37,827 |
| Contributions, gifts, grants paid | $173,352 |
| Total expenses and disbursements | $211,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,265 |
| Net Accounts receivable | $600 |
| 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 | $2,767,168 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,893,033 |
| 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, Justine & Leslie Bailey Charitable Tr has awarded $173,352 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN AGING ASSOC DREXEL UNIVERSITY PURPOSE: CHARITABLE PURPOSES | $8,667 |
MENOMINEE COUNTY HISTORICAL SOCIETY PURPOSE: CHARITABLE PURPOSES | $3,467 |
NATIONAL PARK FOUNDATION PURPOSE: CHARITABLE PURPOSES | $22,536 |
THE NATURE CONSERVANCY PURPOSE: CHARITABLE PURPOSES | $26,003 |
WORLD WILDLIFE FUND PURPOSE: CHARITABLE PURPOSES | $26,003 |
ROCKY MOUNTAIN NATL PARK PURPOSE: CHARITABLE PURPOSES | $17,335 |