Bi-Lo Holdings Foundation Inc
- Assets
- $1.8m
- Revenue
- $2.1m
- Investments
- $2.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 06/1944
- Data as of
- 12/2022
- EIN
- 59-0995428
Organization Overview
Bi-Lo Holdings Foundation Inc is located in Jacksonville, FL. The organization was established in 1944. 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. Bi-Lo Holdings 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, Bi-Lo Holdings Foundation Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bi-Lo Holdings Foundation Inc has awarded 240 individual grants totaling $9,031,320. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Rhee President | 1 | $0 | |
Meredith Hurley Vice President | 1 | $0 | |
M Sandlin Grimm V.P. & Secretary | 1 | $0 | |
Kenneth Jones Treasurer | 1 | $0 | |
Amy Pierce V.P. & Asst Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $815,796 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,764 |
| 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 | $1,328,083 |
| Total Revenue | $2,147,643 |
| 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 | $1,147,761 |
| Total operating and administrative expenses | $1,166,929 |
| Contributions, gifts, grants paid | $2,133,426 |
| Total expenses and disbursements | $3,300,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,808,877 |
| 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 | $503 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,809,382 |
| Accounts payable and accrued expenses | $110,000 |
| 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 | $110,000 |
Grants Awarded
Over the last fiscal year, Bi-Lo Holdings Foundation Inc has awarded $2,133,426 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
WINN-DIXIE STORES PURPOSE: DISASTER RELIEF - OPERATIONAL SUPPORT | $10,000 |
AMERICAN RED CROSS PURPOSE: DISASTER RELIEF - OPERATIONAL SUPPORT | $600,000 |
JESUS LOVES YOU MINISTRY PURPOSE: HUNGER RELIEF - OPERATIONAL SUPPORT | $15,000 |
FEEDING AMERICA PURPOSE: HUNGER RELIEF - OPERATIONAL SUPPORT | $209,318 |
WINN-DIXIE STORES PURPOSE: HUNGER RELIEF - OPERATIONAL SUPPORT | $376,608 |
FEEDING NORTHEAST FLORIDA PURPOSE: HUNGER RELIEF - OPERATIONAL SUPPORT | $20,000 |