Bellwether Foundation Inc
- Assets
- $64.9m
- Revenue
- $4.7m
- Investments
- $63.9m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 07/1985
- Data as of
- 12/2021
- EIN
- 22-2635309
Organization Overview
Bellwether Foundation Inc is located in St Louis, MO. The organization was established in 1985. 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. Bellwether Foundation Inc 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 12/2021, Bellwether Foundation Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $3.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bellwether Foundation Inc has awarded 276 individual grants totaling $19,692,990. 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
THE FOUNDATION RECEIVED A TESTAMENTARY BEQUEST CONSISTING OF AN EXTENSIVE COLLECTION OF ARTWORK. THE FOUNDATION HAS AND WILL CONTINUE TO USE THE COLLECTION DIRECTLY IN CARRYING OUT ITS TAX-EXEMPT PURPOSE OF PROMOTING AND FURTHERING PUBLIC AWARENESS AND APPRECIATION OF ART. ACTIVITIES INCLUDE ARTWORK TOURS TO VARIOUS MUSEUMS AND SIMILAR INSTITUTIONS THROUGHOUT THE U.S. FOR PUBLIC EXHIBITION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia V Smith President/secretary | 15 | $0 | |
Sally Duffield Trustee | 1.5 | $0 | |
Robert B Smith II Trustee (dec. 10/23/2021) | 0.1 | $0 | |
Carrie D Pittenger Trustee | 1.25 | $0 | |
John J Wolfe Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Semper Augustus Investments Group Llc | 12/30/21 | $514,041 |
Lynn R Freedman | 12/30/21 | $55,907 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,159 |
| Interest on Savings | $23,957 |
| Dividends & Interest | $1,830,566 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,830,293 |
| Capital Gain Net Income | $2,830,293 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,688,975 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $289,095 |
| Depreciation | $0 |
| Occupancy | $22,897 |
| Travel, conferences, and meetings | $330 |
| Printing and publications | $0 |
| Other expenses | $26,495 |
| Total operating and administrative expenses | $1,058,504 |
| Contributions, gifts, grants paid | $2,696,740 |
| Total expenses and disbursements | $3,755,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,830 |
| Savings and temporary cash investments | $909,768 |
| Net Accounts receivable | $832 |
| 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 | $1,684,247 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,473 |
| Total assets | $64,895,189 |
| Accounts payable and accrued expenses | $881 |
| 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 | $881 |
Grants Awarded
Over the last fiscal year, Bellwether Foundation Inc has awarded $2,696,740 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
GREAT RIVERS GREENWAY PURPOSE: TO DEVELOP A NETWORK OF GREENWAYS TO MAKE THE ST. LOUIS REGION A MORE VIBRANT PLACE TO LIVE, WORK AND PLAY | $996,744 |
MISSOURI HISTORICAL SOCIETY PURPOSE: TO SERVE AS THE CONFLUENCE OF HISTORICAL PERSPECTIVES TO INSPIRE AND ENGAGE | $762,996 |
WASHINGTON UNIVERSITY PURPOSE: TO DISCOVER AND DISSEMINATE KNOWLEDGE AND THE FREEDOM OF INQUIRY THROUGH RESEARCH AND LEARNING | $251,000 |
SHELDON ARTS FOUNDATION PURPOSE: TO ENRICH THE ST. LOUIS REGION WITH A WIDE RANGE OF MUSIC, VISUAL ARTS AND EDUCATIONAL PROGRAMS | $220,000 |
St Louis, MO PURPOSE: TO FOSTER PERSONAL DEVELOPMENT OF YOUNG WOMEN AND PREPARE THEM FOR HIGH SCHOOL | $40,000 |
Pine Lawn, MO PURPOSE: TO STRENGTHEN NEIGHBORHOODS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |