Bear Hug Foundation Inc

Organization Overview

Bear Hug Foundation Inc is located in Birmingham, MI. The organization was established in 2000. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Bear Hug Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bear Hug 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 09/2022, Bear Hug Foundation Inc generated $87.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $71.4k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

PROGRAMS TO PROVIDE UNDERPRIVILEDGED AND AT-RISK YOUTHS AN OPPORTUNITY TO ATTEND A RESIDENTIAL SUMMER YOUTH CAMP FOR SEVERAL DAYS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$87,490
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$20
Total Revenue$87,510

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Bear Hug Foundation Inc has recieved totaling $14,538.

Awarding OrganizationAmount
The Samuel And Jean Frankel Health And Research Foundation

Bloomfield Hills, MI

PURPOSE: OUTDOOR EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR FOSTER CHILDREN

$12,000
Stanley And Judith Frankel Family Foundation

Troy, MI

PURPOSE: ANNUAL SUPPORT

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$38
View Grant Recipient Profile

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