EIN 20-5767275

The Barry Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Year formed
2015
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The The Barry Foundation is a private foundation located in Fargo, ND that made 264 grants last year. The foundation's purpose is to provide select pay students with a summer internship at a local nonprofit organization. Grantees include Sanford Foundation.
Total revenues
$1,722,649
2023
Total expenses
$2,571,385
2023
Total assets
$49,183,702
2023
Num. employees
5
2023

Program areas at The Barry Foundation

Philanthropy and youth (pay) is a program designed to introduce local high school students to The importance of leadership and service through grantmaking. In 2023, 500+ students from 19 area high schools made 133 grants to 90 organizations totaling $95,000 and 12 pay admin grants totaling $7,650.
The pay summer internship program is designed to build on to The nonprofit experience students receive in pay. Through these internships, students gain meaningful summer employment. Pay summer internships grants are provided to nonprofit organizations in The fargo-moorhead and Minnesota lakes regions. Each recipient organization is carefully matched with a pay student who is hired to work on a special project over The course of nine weeks. In 2023, grants totaling $42,000 were awarded with 13 students and 12 organizations being paired.
The Barry scholarship program is designed for The fulfillment of The Foundation's commitment to philanthropy and promise to invest in The potential of students. The purpose of The scholarship program is to provide up to a four-year ($5,000 per year) renewable grant to individuals involved in The philanthropy and youth (pay) program during high school to enable The recipients to complete an undergraduate education. Outside of financial support, The Barry scholarship program is a cohort experience that provides professional and educational guidance and personal development opportunities. The scholars are selected based on their values, philanthropic and educational goals, and their involvement in The pay program while in high school. The original scholarship guidelines and application was sent to The irs and approved on february 11, 2016. The program meets requirements under irs code section 4945 (g)(1). In 2023, scholarships totaling $313,850 were awarded to 62 students.

Grants made by The Barry Foundation

GranteeGrant descriptionAmount
Theodore Roosevelt Presidential Library FoundationEducation: Capital Campaign - TRPLF Auditorium$335,000
Gillette Children's FoundationHealth: Gratitude Grant - Picu Family Equipment & Financial Assistance Fund$25,000
Simpson Housing ServicesHealth: Childred and Youth Services Program & Music4shelter$25,000
...and 146 more grants made totalling $662,600

Personnel at The Barry Foundation

NameTitleCompensation
Marty J HoffmannPresident , Chief Executive Officer and Secretary$153,000
Stacie M MontgomeryChief Operating Officer and Chief Financial Officer$71,111
Randi Olsen HeinoldProgram Director$58,750
Dean C HoffroggeTreasurer$0
Marty J ByersPresident , Chief Executive Officer , Director and Secretary$153,000
...and 2 more key personnel

Financials for The Barry Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$598,017
Investment income and dividends$1,048,034
Net rental income$0
Net gain from sale of non-inventory assets$76,598
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,722,649

Form 990s for The Barry Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-09990PFView PDF
2020-122021-11-01990PFView PDF
2019-122021-05-12990PFView PDF
...and 8 more Form 990s
Data update history
January 12, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 4, 2025
Used new vendors
Identified 1 new vendor, including
January 19, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 17, 2024
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
225 Broadway Suite 801
Fargo, ND 58102
Metro area
Fargo, ND-MN
County
Cass County, ND
Phone
(701) 356-7800
IRS details
EIN
20-5767275
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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