Papa Bear Foundation Inc is located in College Station, TX. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Papa Bear 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 12/2022, Papa Bear Foundation Inc generated $127.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $127.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PAPA BEAR FOUNDATION'S MISSION IS TO HELP THE HELPERS AND THE HELPLESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SENT SUPPORT TO SEVERAL MISSIONARIES AROUND THE WORLD.
THE FOUNDATION LET EMPLOYEES FROM ELEVATED LIFE BRANDS CHOOSE A NON-PROFIT ORGANIZATION FOR PBF TO DONATE $100 TO ON THEIR BIRTHDAY.
THE FOUNDATION DONATED CASH TO VARIOUS CHARITIES AND CHURCHES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heath Phillips Board Member | 1 | $0 | |
Luke Marvel Board Member | 1 | $0 | |
Brittany Johnson Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $127,571 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $127,571 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $73 |
| Total operating and administrative expenses | $1,038 |
| Contributions, gifts, grants paid | $126,871 |
| Total expenses and disbursements | $127,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,333 |
| 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 | $3,333 |
| 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, Papa Bear Foundation Inc has awarded $126,871 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ANTIOCH PURPOSE: GENERAL FUND | $39,900 |
UNBOUND ORGANIZATION PURPOSE: GENERAL FUND | $27,000 |
OTHER CHARITABLE ORGANIZATIONS PURPOSE: GENERAL FUND | $59,971 |