Bcbsm Foundation Inc

Organization Overview

Bcbsm Foundation Inc is located in St Paul, MN. The organization was established in 1988. 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. Bcbsm 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, Bcbsm Foundation Inc generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $6.7m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Bcbsm Foundation Inc has awarded 288 individual grants totaling $18,790,827. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS WERE USED FOR EVALUATION OF A PROTFOLIO OF GRANTEES WORKING ON HEALTH EQUITY PROJECTS FUNDED BY THE FOUNDATION. GRANTEE WORK IN THIS FOCUS AREA IS AMINED AT ADVANCING COMMUNITY STRATEGIES THAT IMPROVE OPPORTUNITIES FOR PEOPLE TO REACH THEIR FULL HEALTH POTENTIAL


FUNDS SUPPORTED EVALUATION FOR THE FOUNDATION'S QUALITY EARLY EDUCATION AND CARE PROGRAM THAT HELPS LICENSED FAIMLY CHILDCARE PROVIDERS IMPROVE THE QUAL,ITY OF CARE PROVIDED TO MINNESOTA CHILDREN, GIVING THEM THE BEST CHANCE FOR A HEALTHY FUTURE.


FUNDS USED FOR EVALUATION OF A PORTFOLIO OF GRANTEE EFFORTS TO CONTUCT OUTREACH AND ENROLLMENT OF PEOPLE INTO HEALTH CARE COVERAGE PROGRAMS.


FUNDS SUPPORTED A GRANTEE PERCEPTION SURVEY CONDUCTED TO GAIN GRANTEE FEEDBACK ON KEY FOUNDATION STRENGTHS AND OPPORTUNITIES FOR IMPROVEMENT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Amherst H Wilder Foundation
$102,500
Arcadia Research And Evaluation Llc
$330,755
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $766
Dividends & Interest $2,273,794
Net Rental Income$0
Net Gain on Sale of Assets $4,231,876
Capital Gain Net Income $4,176,408
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,977
Total Revenue $6,512,413

Grants Awarded

Over the last fiscal year, Bcbsm Foundation Inc has awarded $6,021,061 in support to 79 organizations.

Grant RecipientAmount

FRONTSTREAM

PURPOSE: 2020 COMMUNITY GIVING CAMPAIGN

$444,809

FRONTSTREAM

PURPOSE: 2021 COMMUNITY GIVING CAMPAIGN

$409,627

IMMIGRANT LAW CENTER

PURPOSE: ILCM GENERAL OPERATING SUPPORT

$130,000

CENTRO DE TRABAJADORES UNIDOS EN LUCHA

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: DEVELOPING WORKER LEADERSHIP TO ADVANCE HEALTH EQUITY AND ECONOMIC JUSTICE

$100,000

CASA DE ESPERANZA

PURPOSE: NURTURING WHOLE, HEALTHY, AND THRIVING LATIN FAMILIES AND COMMUNITIES

$100,000

CHILDREN'S DEFENSE FUND

PURPOSE: BUILDING POWER AND RAISING VOICES FOR MN FAMILIES

$100,000
View Grant Profile

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