King Baudouin Foundation United States Inc
- Assets
- $71.3m
- Revenue
- $81.6m
- Investments
- $0.0
- Employees
- 5
- Location
- New York, NY
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 58-2277856
Organization Overview
King Baudouin Foundation United States Inc is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, King Baudouin Foundation United States Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Baudouin Foundation United States 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, King Baudouin Foundation United States Inc generated $81.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $59.7m during the year ending 12/2021. While expenses have increased by 18.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, King Baudouin Foundation United States Inc has awarded 19 individual grants totaling $1,121,720. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE KING BAUDOUIN FOUNDATION UNITED STATES (KBFUS) FACILITATES THOUGHTFUL, EFFECTIVE GIVING ACROSS BORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SUPPORT VARIOUS CHARITABLE PROJECTS ACROSS THE GLOBE.
OPERATIONAL EXPENSES FOR THE AFRICAN VISIONARY FUND: OPERATIONALEXPENSES FOR THE AFRICAN VISIONARY FUND INCLUDE COMMUNICATIONS ANDOUTREACH EFFORTS, LAUNCHING OF A NEW WEBSITE, AND COORDINATION OF THESELECTION OF GRANT RECIPIENTS. STRUCTURED AS A PURPOSE FUND HOSTED ATKBFUS, THE AFRICAN VISIONARY FUND'S MISSION IS TO DRIVE MORE FUNDING TOAFRICAN SOCIAL ENTREPRENEURS IN AN EFFORT TO ACCELERATE THEIR IMPACT.IT IS TACKLING INEQUITIES AND RIGHTING THE POWER IMBALANCES INPHILANTHROPY BY OFFERING UNRESTRICTED, UNBURDENSOME FUNDING TO AFRICANVISIONARIES.
CLOSE TO 3000 FOREIGN NONPROFIT EXECUTIVES PARTICIPATED IN FIFTEEN INTERACTIVE WEBINARS ORGANIZED BY KBFUS IN 2021 ON THE TOPIC OF THE "ART & SCIENCE OF FUNDRAISING".
CONSULTING: CONSULTING CONTRIBUTES TO THE ACCOMPLISHMENT OF THEORGANIZATION'S EXEMPT PURPOSE BY PROVIDING DONORS AND PROSPECTIVEDONORS WITH RESEARCH REGARDING POTENTIAL FUNDING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Paul Warmoes Executive Director | Officer | 45 | $338,641 |
Ellena Fotinatos Deputy Director | 45 | $137,750 | |
Jendayi Frazer Vice President | OfficerTrustee | 0.5 | $0 |
Thomas Leysen President | OfficerTrustee | 1 | $0 |
Evaristus Mainsah Secretary | OfficerTrustee | 0.5 | $0 |
Brieuc Van Damme Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Atetegeb Worku Co-ceo Of The African Visionary Fund Hos | 12/30/21 | $105,669 |
Kathryn Bunten-wren Co-ceo Of The African Visionary Fund Hos | 12/30/21 | $155,434 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,318,701 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,332,268 |
| Noncash contributions included in lines 1a–1f | $2,447,990 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,650,969 |
| Total Program Service Revenue | $1,526,369 |
| Investment income | $895,817 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,567,723 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,640,878 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $167,622 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $57,460,772 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $364,641 |
| Compensation of current officers, directors, key employees. | $364,641 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,582 |
| Pension plan accruals and contributions | $23,323 |
| Other employee benefits | $81,987 |
| Payroll taxes | $37,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $78,635 |
| Fees for services: Accounting | $31,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,419 |
| Fees for services: Other | $82,383 |
| Advertising and promotion | $0 |
| Office expenses | $175,607 |
| Information technology | $53,380 |
| Royalties | $0 |
| Occupancy | $105,740 |
| Travel | $93,769 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,146 |
| All other expenses | $1,099 |
| Total functional expenses | $59,650,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,868,774 |
| Savings and temporary cash investments | $29,552,255 |
| Pledges and grants receivable | $12,185,111 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $486,822 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $21,719,479 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,501,446 |
| Total assets | $71,313,887 |
| Accounts payable and accrued expenses | $60,770 |
| Grants payable | $18,508,665 |
| Deferred revenue | $530,128 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,099,563 |
| Net assets without donor restrictions | $37,363,589 |
| Net assets with donor restrictions | $14,850,735 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $71,313,887 |
Grants Awarded
Over the last fiscal year, King Baudouin Foundation United States Inc has awarded $162,622 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO SUPPORT PUBLIC-INTEREST JOURNALISM. | $150,300 |
URYADI'S VILLAGE INC PURPOSE: TO SUPPORT A LEARNING CENTER FOR YOUNG CHILDREN IN RURAL ETHIOPIA | $7,000 |
New York, NY PURPOSE: TO SUPPORT FREE QUALITY HIGH SCHOOL EDUCATION IN ETHIOPIA. | $5,322 |
Grants Recieved
Over the last fiscal year, we have identified 100 grants that King Baudouin Foundation United States Inc has recieved totaling $21,975,186.
| Awarding Organization | Amount |
|---|---|
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT THE WORLD HEALTH ORGANIZATION TO STRENGTHEN HEALTH SYSTEMS TO DELIVER AND MONITOR SERVICES THAT SUPPORT NURTURING CARE FOR YOUNG CHILDREN AND TO ENSURE GLOBAL VALIDITY OF THE GLOBAL SCALE FOR EARLY DEVELOPMENT. | $6,223,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT THE WORLD HEALTH ORGANIZATION TO STRENGTHEN HEALTH SYSTEMS TO DELIVER AND MONITOR SERVICES THAT SUPPORT NURTURING CARE FOR YOUNG CHILDREN AND TO ENSURE GLOBAL VALIDITY OF THE GLOBAL SCALE FOR EARLY DEVELOPMENT. | $2,755,000 |
The Marisla Foundation Laguna Beach, CA PURPOSE: PARTNERS FOR A NEW ECONOMY | $2,000,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $1,778,196 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $980,038 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $563,042 |
Endowment Analysis
| Beg. Balance | $7,342,800 |
| Earnings | $115,465 |
| Admin Expense | $5,634 |
| Ending Balance | $7,452,631 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brothers Brother Foundation Pittsburgh, PA | $16,877,615 | $117,307,567 |
International Aids Vaccine Initiative Inc New York, NY | $107,049,023 | $126,352,598 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
Oxfam-America Inc Boston, MA | $98,567,095 | $108,365,278 |
Helen Keller International New York, NY | $112,029,852 | $121,068,878 |
Action Against Hunger Usa New York, NY | $114,998,583 | $117,737,270 |
Jewish National Fund -Keren Kayemeth Leisrael- Inc New York, NY | $532,275,365 | $140,855,420 |
Concern Worldwide U S Inc New York, NY | $28,102,900 | $75,183,447 |
Brac Usa Inc New York, NY | $39,074,186 | $26,089,482 |
American Society For Technion- Israel Institute Of Technology Inc New York, NY | $552,165,498 | $74,453,195 |
The American College Of Greece Boston, MA | $67,377,188 | $58,892,639 |
King Baudouin Foundation United States Inc New York, NY | $71,313,887 | $81,640,878 |