Bhp Foundation
- Assets
- $309.1m
- Revenue
- $68.1m
- Investments
- $252.2m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2014
- Data as of
- 06/2022
- 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 06/2022, Bhp Foundation generated $68.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $56.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bhp Foundation has awarded 71 individual grants totaling $137,288,495. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENVIRONMENTAL RESILIENCE, SEE STATEMENT 11
NATURAL RESOURCE GOVERNANCE, SEE STATEMENT 12
EDUCATION EQUITY, SEE STATEMENT 13
CHILE - COUNTRY, SEE STATEMENT 14
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Goodyear Chairman | 8 | $100,000 | |
Jp Morgan Trust Company Of Delaware Trustee Of Valdivian Trust | 1 | $18,913 | |
Jose Flores Treasurer (through 5/31/22) | 1 | $0 | |
Stephen Harris Secretary | 20 | $0 | |
James Ensor President / Executive Officer | 32 | $0 | |
Natalie Easton Treasurer (beginning 6/1/22) | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pollination Foundation Limited | 6/29/22 | $585,033 |
Ecoadvisors Inc | 6/29/22 | $418,100 |
Dalgetta Pty Ltd | 6/29/22 | $335,835 |
Redstone Strategy Group Llc | 6/29/22 | $312,857 |
Bank Of America Private Bank | 6/29/22 | $250,980 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $65,866,855 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,860,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,623,980 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,102,954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $118,913 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,430 |
| Printing and publications | $0 |
| Other expenses | $164,443 |
| Total operating and administrative expenses | $3,191,763 |
| Contributions, gifts, grants paid | $53,384,544 |
| Total expenses and disbursements | $56,576,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,401,945 |
| Savings and temporary cash investments | $2,485,500 |
| Net Accounts receivable | $953,366 |
| 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 | $7,625 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $309,092,778 |
| Accounts payable and accrued expenses | $144,167 |
| Grants payable | $1,792,797 |
| 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 | $1,936,964 |
Grants Awarded
Over the last fiscal year, Bhp Foundation has awarded $87,609,582 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
COMMONWEALTH SCIENTIFIC AND INDUSTRIAL RESEARCH ORGANIZATION (CSIRO) PURPOSE: SUPPORT AND INCREASE THE DIVERSITY OF YOUNG PARTICIPANTS IN STEM ACROSS AUSTRALIA, PARTICULARLY FROM UNDER-REPRESENTED GROUPS (E.G ABORIGINAL AND TORRES-STRAIT ISLANDER, FEMALE-IDENTIFYING, REGIONAL AND LOW SOCIO-ECONOMIC GROUPS) | $7,038,707 |
RECONCILIATION AUSTRALIA PURPOSE: FOR AUSTRALIAN SCHOOLS AND EARLY LEARNING SERVICES TO FOSTER A HIGHER LEVEL OF KNOWLEDGE AND PRIDE IN ABORIGINAL AND TORRES STRAIT ISLANDER HISTORIES, CULTURES AND CONTRIBUTIONS. | $6,496,343 |
Arlington, VA PURPOSE: TO PROMOTE A SUSTAINABLE LANDSCAPE MODEL WHERE LIVELIHOODS ARE IMPROVED THROUGH SIMULTANEOUSLY PROMOTING CONSERVATION AND SUSTAINABLE PRODUCTION, RESILIENT TO CLIMATE CHANGE. | $5,000,000 |
PACIFIC INSTITUTE PURPOSE: THE PACIFIC INSTITUTE HAS PLAYED A LEAD ROLE IN ANALYZING AND COMMUNICATING THE CONNECTIONS BETWEEN WATER, ENERGY, AND CLIMATE CHANGE - THIS PROJECT FOCUSES ON ENHANCING WATER RESILIENCE AND EQUITY ACROSS THE UNITED STATES. | $4,328,167 |
EDUCATION ENDOWMENT FOUNDATION PURPOSE: DEVELOPING THE TEACHING AND LEARNING TOOLKIT WHICH IDENTIFIES ACROSS COUNTRIES WHAT WORKS, FOR WHICH STUDENTS, IN WHICH CIRCUMSTANCES. BUILDING EVIDENCE HUBS WITH LOCAL EDUCATION JURISDICTIONS TO SUPPORT INNOVATION IN FUTURE TEACHING AND LEARNING. | $4,263,952 |
UNITED NATIONS ENTITY FOR GENDER EQUALITY AND THE EMPOWERMENT OF WOMEN PURPOSE: BREAKING BARRIERS AND NEGATIVE SOCIAL NORMS PREVENTING GIRLS AND YOUNG WOMEN FROM EQUAL ACCESS TO LEARNING OPPORTUNITIES AND IMPROVED LIVELIHOODS. LEVERAGING INNOVATIVE SOLUTIONS TO PROVIDE EDUCATION, EMPLOYMENT AND ENTREPRENEURSHIP ACCESS. | $3,933,854 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |
The Morningstar Philanthropic Foundation Bethesda, MD | $552,631,179 | $17,887,743 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
Freedom Forum Inc Laurel, MD | $0 | $16,145,029 |