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Byrne Foundation Inc. is a private corporation based in MORRISVILLE, NC. The foundation received its IRS ruling in 2014. The principal officer is Richard J Byrne. It holds total assets of $520K. Annual income is reported at $136K. Total assets have grown from $1M in 2013 to $1.3M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in North Carolina, California and New York. According to available records, Byrne Foundation Inc. has made 40 grants totaling $477K, with a median grant of $8K. Annual giving has grown from $112K in 2020 to $240K in 2022. Individual grants have ranged from $1K to $70K, with an average award of $12K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in North Carolina, Tennessee, New York, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$11K
Largest Grant
$70K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Byrne Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in NC, TN, NY.
Byrne Foundation Inc. has distributed a total of $477K across 40 grants. The median grant size is $8K, with an average of $12K. Individual grants have ranged from $1K to $70K.
Byrne Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Byrne Foundation Inc. is headquartered in MORRISVILLE, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sandra Offnick-Byrne | Vice President | $0 | $0 | N/A |
| Richard J Byrne | President | $0 | $0 | N/A |
| James Mortenson | Treasurer | $0 | $0 | N/A |
Total Giving
$126K
Total Assets
$1.3M
Fair Market Value
$2.5M
Net Worth
$1.3M
Grants Paid
$120K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$119K
Total: $180K
Total Grants
40
Total Giving
$477K
Average Grant
$12K
Median Grant
$8K
Unique Recipients
16
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL OPERATING FUND | Raleigh, NC | $8K | 2021 |
| Crohn'S Colitis Foundation Of AmeriRESEARCH FUNDING | Charlotte, NC | $35K | 2022 |
| The Carying PlaceANNUAL APPEAL, AUCTION ETC. | Cary, NC | $30K | 2022 |
| YmcaWE BUILD PEOPLE CAMPAIGN | Cary, NC | $15K | 2022 |
| St Judes Research HospitalGENERAL OPERATING FUND | Memphis, TN | $8K | 2022 |
| The Center For Volunteer CaregivingGENERAL OPERATING FUND | Cary, NC | $8K | 2022 |
| TrosaGENERAL USE | Durham, NC | $8K | 2022 |
| Transitions Life CenterGENERAL OPERATING FUND | Raleigh, NC | $8K | 2022 |
| Second Chance Pet AdoptionGENERAL OPERATING FUND | Raleigh, NC | $5K | 2022 |
| Wrightsville Beach Volunteer Fire DGENERAL OPERATING FUND | Wrightsville Beach, NC | $5K | 2022 |
| Special Olympics Of NcGENERAL OPERATING FUND | Morrisville, NC | $8K | 2021 |
| Breed FeedGENERAL OPERATING FUND | Cary, NC | $5K | 2021 |
| Horse BuddyGENERAL OPERATING FUND | New Hill, NC | $3K | 2021 |
| MskccGENERAL OPERATING FUND | New York, NY | $8K | 2020 |
| Medic Alert FoundationGENERAL USE | Turlock, CA | $1K | 2020 |
| Cary Women'S ClubGENERAL USE | Cary, NC | $1K | 2020 |