Bhp Foundation
- Assets
- $297.1m
- Revenue
- $36.5m
- Investments
- $289.9m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2014
- Data as of
- 06/2023
- EIN
- 61-1714573
Organization Overview
Bhp Foundation is located in Washington, DC. The organization was established in 2014. 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. Bhp 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 06/2023, Bhp Foundation generated $36.5m 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 (6.2%) each year. All expenses for the organization totaled $47.4m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bhp Foundation has awarded 121 individual grants totaling $182,650,449. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENVIRONMENTAL RESILIENCE - SEE STATEMENT 14
EDUCATION EQUITY - SEE STATEMENT 15
CHILE - COUNTRY - SEE STATEMENT 16
NATURAL RESOURCE GOVERNANCE - SEE STATEMENT 17
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Goodyear Chairman | 10 | $100,000 | |
James Ensor Thru 63023 President/executive Officer | 32 | $0 | |
Stephen Harris Thru 22023 Secretary | 20 | $0 | |
Helen Dransfield Began 22123 Secretary | 24 | $0 | |
Natalie Easton Treasurer | 10 | $0 | |
Carlos Avila Began 9822 Director | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rand Corporation | 6/29/23 | $511,828 |
Pollination Foundation Limited | 6/29/23 | $472,655 |
Ecoadvisors Inc | 6/29/23 | $432,500 |
Bank Of America Private Bank | 6/29/23 | $244,439 |
University Of Queensland | 6/29/23 | $179,636 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,505,000 |
| Interest on Savings | $16,861 |
| Dividends & Interest | $6,680,121 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,715,267 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,486,715 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $137,494 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $91,785 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $75,523 |
| Printing and publications | $0 |
| Other expenses | $528,616 |
| Total operating and administrative expenses | $3,792,758 |
| Contributions, gifts, grants paid | $43,569,158 |
| Total expenses and disbursements | $47,361,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,012,263 |
| Savings and temporary cash investments | $3,624,329 |
| Net Accounts receivable | $1,551,831 |
| 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 | $10,482,823 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $297,060,834 |
| Accounts payable and accrued expenses | $314,935 |
| Grants payable | $1,086,478 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $32,443 |
| Total liabilities | $1,433,856 |
Grants Awarded
Over the last fiscal year, Bhp Foundation has awarded $45,361,954 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTRALIAN RED CROSS PURPOSE: SUPPORTING EMERGENCY RELIEF AND LONGER-TERM HUMANITARIAN SUPPORT TO PEOPLE AND COMMUNITIES AFFECTED BY THE CONFLICT IN UKRAINE. | $2,000,000 |
AUSTRALIAN INDIGENOUS GOVERNANCE INSTITUTE PURPOSE: SUPPORTING SELF-DETERMINED GOVERNANCE FOR INDIGENOUS DEVELOPMENT OUTCOMES THROUGH A NEW PRACTICE SET THAT BUILDS AND DISSEMINATES BEST PRACTICE TOOLS, RESEARCH AND TRAINING, AND DISRUPTS SYSTEMS TO ESTABLISH A STRENGTH-BASED POLICY FRAMEWORK FOR INDIGENOUS LED NATION BUILDING. | $807,177 |
BROOKINGS INSTITUTION PURPOSE: SUPPORTING GLOBAL COLLABORATION TO ADVANCE ANTI-CORRUPTION | $1,000,000 |
BROOKINGS INSTITUTION PURPOSE: TRANSPARENCY TO REDUCE CORRUPTION: BUILD EVIDENCE BASE OF NATURAL RESOURCE GOVERNANCE INTERVENTIONS, EFFECTIVE IN REDUCING CORRUPTION AND ACHIEVING SUSTAINABLE DEVELOPMENT OUTCOMES - COLLABORATE TO BUILD THIS CAPACITY IN CIVIC/PUBLIC INSTITUTIONS. | $1,038,735 |
CENTRE FOR INDIGENOUS ENVIRONMENTAL RESOURCES INC PURPOSE: SUPPORTING CONSENT BASED WATER GOVERNANCE FOR LOCAL AND INDIGENOUS COMMUNITIES | $782,978 |
CENTRO DE INVESTIGACION DE FAUNA MARINA Y AVISTAMIENTO DE CETACEOS PURPOSE: IMPROVING FISHING RESOURCE CONDITIONS IN MEJILLONES CHILE, AND THE FISHING COMMUNITIES WELL-BEING BY DIVERSIFYING INCOME-PRODUCING ACTIVITIES INCLUDING RESTORING KELP ALGAE FORESTS. | $47,606 |