Bruins Foundation
- Assets
- $39.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 46-1133626
Organization Overview
Bruins Foundation is located in Greenville, SC. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bruins Foundation 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, Bruins Foundation generated $704.0 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 (47.4%) each year. All expenses for the organization totaled $26.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BOOSTER CLUB ACTIVITIES SUPPORTING THE INTERCOLLEGIATE SPORTS PROGRAM AT BOB JONES UNIVERSITY, INCLUDING ACTIVITIES SUCH AS TEAM TRAVEL COST, COMMUNITY OUTREACH, SHORT-TERM MISSION OPPORTUNITIES, AND EXPANSION OF RECREATIONAL SPORTING OPPORTUNITIES FOR THE UNIVERSITY COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Jones President | 1 | $0 | |
Vicki Peek Past Sec/treas | 1 | $0 | |
Kerry Lightner Board Member | 1 | $0 | |
John Matthews Sec/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $704 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $704 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,144 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,888 |
| Other expenses | $19,292 |
| Total expenses | $26,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,352 |
| Other assets | $0 |
| Total assets | $39,352 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,352 |
Grants Awarded
Over the last fiscal year, Bruins Foundation has awarded $131,188 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BJU INC PURPOSE: TO FINANCIALLY ASSIST WITH THE UNIVERSITY'S ATHLETICS OPERATIONS AND PROVIDE FUNDS TO PROVIDE FUNDS FOR TWO NEW START-UP SPORTS. | $75,000 |
BJU INC PURPOSE: ENHANCE THE GOLFING TEAM'S PRACTICE FACILITY | $56,188 |