Mr B Foundation 23-04683 is located in Highland Park, IL. The organization was established in 1999. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mr B Foundation 23-04683 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 12/2022, Mr B Foundation 23-04683 generated $276.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 63.2% each year . All expenses for the organization totaled $806.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mr B Foundation 23-04683 has awarded 81 individual grants totaling $882,738. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,712 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $267,588 |
| Capital Gain Net Income | $267,507 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $276,300 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $129 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,120 |
| Total operating and administrative expenses | $12,599 |
| Contributions, gifts, grants paid | $794,085 |
| Total expenses and disbursements | $806,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Mr B Foundation 23-04683 has awarded $794,085 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BOXING OUT NEGATIVITY PURPOSE: GENERAL/UNRESTRICTED | $10,000 |
COMMUNITY PARTNERS IN AFFORDABLE HOUSING PURPOSE: GENERAL/UNRESTRICTED | $1,800 |
JEWISH COUNCIL ON URBAN AFFAIRS PURPOSE: GENERAL/UNRESTRICTED | $1,800 |
GARFIELD PARK COMMUNITY COUNCIL PURPOSE: GENERAL/UNRESTRICTED | $10,000 |
NORTH SUBURBAN LEGAL AID CLINIC PURPOSE: GENERAL/UNRESTRICTED | $1,400 |
RSF SOCIAL FINANCE PURPOSE: GENERAL/UNRESTRICTED | $769,085 |