Bbb Foundsation is located in Columbus, MS. The organization was established in 2006. 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. Bbb Foundsation 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 10/2021, Bbb Foundsation generated $784.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.3%) each year. All expenses for the organization totaled $750.7k during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bbb Foundsation has awarded 85 individual grants totaling $2,343,915. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PSALM 139 PROJECT/ERLC
MISSISSIPPI STATE UNIVERSITY FOUNDATION - EDUCATIONAL ASSISTANCE
LIFELINE CHILDREN SERVICES - CHARITABLE ORGANIZATION
GOOD SAMARITAN MEDICAL CLINIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Welissa Rader Director | 2 | $0 | |
Gregory Rader Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $783,650 |
Interest on Savings | $780 |
Dividends & Interest | $0 |
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 | $0 |
Total Revenue | $784,430 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $400 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $72 |
Total operating and administrative expenses | $472 |
Contributions, gifts, grants paid | $750,226 |
Total expenses and disbursements | $750,698 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $246,230 |
Savings and temporary cash investments | $0 |
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 | $246,230 |
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 |
Over the last fiscal year, Bbb Foundsation has awarded $750,226 in support to 37 organizations.
Grant Recipient | Amount |
---|---|
PSALM 139 PROJECTERLC PURPOSE: CHARITABLE ORGANIZATION | $218,057 |
Mississippi State, MS PURPOSE: EDUCATIONAL ASSISTANCE | $131,000 |
LIFELINE CHILDREN'S SERVICES PURPOSE: ORGANIZATION | $50,000 |
GOOD SAMARITAN CLINIC PURPOSE: CHARITABLE ORGANIZATION | $30,000 |
YMCA PURPOSE: MINISTRY SUPPORT | $30,000 |
Loveland, CO PURPOSE: MINISTRY SUPPORT | $30,000 |
Organization Name | Assets | Revenue |
---|---|---|
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |