Barbasol Foundation
- Assets
- $827.4k
- Revenue
- $446.0k
- Investments
- $324.1k
- Employees
- 0
- Location
- Dublin, OH
- Founding
- Data as of
- 12/2022
- EIN
- 85-3999396
Organization Overview
Barbasol Foundation is located in Dublin, OH. 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. Barbasol 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 12/2022, Barbasol Foundation generated $446.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.9% each year .
Since 2021, Barbasol Foundation has awarded 46 individual grants totaling $959,195. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie J Murray President | 2 | $0 | |
Thomas J Murray Vice President | 2 | $0 | |
Sarah E Fast Treasurer | 2 | $0 | |
Devin N Murray Secretary | 35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $438,000 |
| Interest on Savings | $111 |
| Dividends & Interest | $5,964 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,936 |
| Total Revenue | $446,011 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,412 |
| Contributions, gifts, grants paid | $187,056 |
| Total expenses and disbursements | $190,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,182 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $487,050 |
| 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 | $324,141 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $827,373 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $650,000 |
| 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 | $650,000 |
Grants Awarded
Over the last fiscal year, Barbasol Foundation has awarded $837,056 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
A KID AGAIN PURPOSE: GENERAL OPERATING SUPPORT FOR FAMILY ADVENTURES FOR CHILDREN WITH LIFE-THREATENING ILLNESSES. | $20,000 |
TREASURE HOUSE PURPOSE: GENERAL OPERATING SUPPORT FOR DISABLED INDIVIDUAL HOUSING PROGRAM. THE PROGRAM ALLOWS YOUNG-ADULTS WITH COGNITIVE OR DEVELOPMENTAL DISABILITIES TO LIVE MOSTLY ON THEIR OWN IN A SAFE AND SUPPORTING ENVIRONMENT. | $25,000 |
YOUTH YOGA PROJECT PURPOSE: THE GRANT WILL PROVIDE THE TRAINING FOR TEACHERS AND ADMINISTRATORS TO ATTEND MINDFULNESS AND WELLNESS TRAINING TO SUPPORT 3,500 DISADVANTAGED STUDENTS WITH THE COPING SKILLS TO MANAGE STRESS AND EMOTIONS. THE PROGRAM TARGETS ECONOMICALLY STRUGGLING SCHOOLS WHO CANNOT AFFORD THE PROGRAM ON THEIR OWN. | $10,000 |
AMERICAN VETS APPR EVENTS PURPOSE: GENERAL OPERATING SUPPORT FOR VETERAN'S APPRECIATION EVENTS IN ASHLAND COUNTY, OH. | $5,000 |
RULING OUR EXPERIENCES PURPOSE: THE GRANT WILL FUND ROX'S DIVERSITY PROGRAM WHICH IS DESIGNED TO ENCOURAGE NEW PROGRAM FACILITATORS FOR UNDERREPRESENTED COMMUNITY LEADERS. | $15,100 |
SEEDS OF CARING PURPOSE: GENERAL OPERATING FUNDS TOWARDS THEIR HELP AND HOPE FOR HUNGRY AND HOMELESS NEIGHBORS PROGRAM. THE PROGRAM PROVIDED 30 SERVICE-BASED OPPORTUNITIES FOR KIDS AGED 2-12 AND THEIR FAMILIES TO LEARN ABOUT ISSUES FACING THE COMMUNITY AND ALSO MEET THE NEEDS OF OUR COMMUNITY'S MOST VULNERABLE CITIZENS. | $10,300 |