Bessie Family Foundation is located in Jessup, MD. The organization was established in 2011. 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. Bessie Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Bessie Family Foundation has awarded 232 individual grants totaling $434,596. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA - NO CHARITABLE ACTIVITIES DURING TAX YEAR
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $158 |
| Dividends & Interest | $145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$274,997 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,903 |
| Total Revenue | -$272,791 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $114 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,335 |
| Contributions, gifts, grants paid | $13,841 |
| Total expenses and disbursements | $21,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,598 |
| 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 | $712,917 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $746,515 |
| 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, Bessie Family Foundation has awarded $13,841 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
UNICEF PURPOSE: GENERAL | $1,000 |
MILLVILLE VOLUNTEER FIRE PURPOSE: GENERAL | $100 |
WASHINGTON PURPOSE: GENERAL | $100 |
WOUNDED WARRIOR PURPOSE: GENERAL | $500 |
WETA TV PURPOSE: GENERAL | $500 |
CAPITAL AREA FOOD BANK PURPOSE: GENERAL | $500 |