Val A Browning Charitable Foundation
- Assets
- $16.4m
- Revenue
- $879.9k
- Investments
- $16.1m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 10/1975
- Data as of
- 12/2023
- EIN
- 87-6167851
Organization Overview
Val A Browning Charitable Foundation is located in Reno, NV. The organization was established in 1975. 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. Val A Browning 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 12/2023, Val A Browning Charitable Foundation generated $879.9k 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 (4.5%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Val A Browning Charitable Foundation has awarded 111 individual grants totaling $2,665,913. 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 |
|---|---|---|---|
Christopher Browning Director | 2 | $6,000 | |
John Browning Director | 2 | $6,000 | |
Carol Browning Dumke Director | 2 | $6,000 | |
Edmund Dumke Jr Director | 2 | $6,000 | |
Judith Ann Browning Jones Director | 2 | $6,000 | |
Amelia Jones Director | 2 | $6,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gardner Russo & Gardner | 12/30/23 | $151,209 |
Semper Augustus Investments | 12/30/23 | $63,593 |
Whittier Trust Company Of Nevada | 12/30/23 | $50,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $618,308 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $258,552 |
| Capital Gain Net Income | $258,552 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,038 |
| Total Revenue | $879,898 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $57,452 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,650 |
| Total operating and administrative expenses | $365,308 |
| Contributions, gifts, grants paid | $1,344,159 |
| Total expenses and disbursements | $1,709,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,936 |
| Savings and temporary cash investments | $244,482 |
| 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 | $16,392,959 |
| 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, Val A Browning Charitable Foundation has awarded $1,356,790 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF UNIVERSITY COLLEGE OXFORD INC PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
BAINBRIDGE ISLAND SPORTSMEN'S CLUB PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |
BLAINE COUNTY SENIORS COUNCIL INC DBA THE SENIOR CONNECTION PURPOSE: GENERAL OPERATING SUPPORT | $40,729 |
BRITISH SCHOOLS AND UNIVERSITIES FOUNDATION PURPOSE: QUEEN MARY COLLEGE OF THE UNIVERSITY OF LONDON | $10,000 |
CHARITIES AID FOUNDATION AMERICA PURPOSE: CATS PROTECTION TO SUPPORT LONDON SPAY AND NEUTER | $10,000 |
ECCLES COMMUNITY ART CENTER PURPOSE: ANN C BROWNING GARDEN MAINTENANCE | $8,600 |