Bgv Foundation Inc

Organization Overview

Bgv Foundation Inc is located in Valdosta, GA. The organization was established in 2004. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bgv 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 12/2021, Bgv Foundation Inc generated $122.3k 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 (23.0%) each year. All expenses for the organization totaled $458.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

(SEE SCHEDULE O)

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BGV FOUNDATION TRANSFERRED FUNDS, IN THE AMOUNT OF $226,245 WHICH REPRESENTS EARNINGS ON INVESTMENT SECURITIES, TO THE BOYS & GIRLS CLUB OF VALDOSTA, INC., TO BE USED IN SUPPORT OF PROGRAM SERVICES, WHICH INCLUDES BUT IS NOT LIMITED TO AFTER SCHOOL PROGRAMS FOR CHILDREN, FACILITY CONSTRUCTION, MAINTENANCE AND GENERAL OPERATING EXPENSE.


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Board, Officers & Key Employees

Name (title)Compensation
David S Waller Jr
CEO & Director
$0
Brian Flemming
Secretary
$0
Byrd Simmons
CFO
$0
Will Kemp
Director
$0
William Howard
Director
$0
Jack Langdale
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$12,296
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,296
Total Program Service Revenue$0
Investment income $63,177
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $46,791
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $122,289

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bgv Foundation Inc has recieved totaling $100,000.

Awarding OrganizationAmount
Harley Langdale Jr Foundation Inc

Valdosta, GA

PURPOSE: UNRESTRICTED

$100,000
View Grant Recipient Profile

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