B & B Foundation
- Assets
- $0.0
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 11/1993
- Data as of
- 12/2020
- EIN
- 62-1543218
Organization Overview
B & B Foundation is located in Nashville, TN. The organization was established in 1993. 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.
For the year ending 12/2020, B & B Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $2.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, B & B Foundation has awarded 235 individual grants totaling $3,005,733. 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 |
|---|---|---|---|
Anthony Werthan Officer | 0 | $0 | |
Betsy M Werthan Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49 |
| Dividends & Interest | $19,856 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,154,912 |
| Capital Gain Net Income | $1,154,912 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,174,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,054 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,177 |
| Total operating and administrative expenses | $29,321 |
| Contributions, gifts, grants paid | $2,092,992 |
| Total expenses and disbursements | $2,122,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, B & B Foundation has awarded $2,092,992 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CROHNS AND COLITIS FOUNDATION OF AMERICA PURPOSE: FURTHER OBJECTIVE OF EXEMPT DONEE | $100 |
IM STILL HERE FOUNDATION PURPOSE: FURTHER OBJECTIVE OF EXEMPT DONEE | $100 |
TEMPLE PURPOSE: FURTHER OBJECTIVE OF EXEMPT DONEE | $103,750 |
THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE PURPOSE: FURTHER OBJECTIVE OF EXEMPT DONEE | $1,000 |
GORDON JEWISH COMMUNITY CENTER PURPOSE: FURTHER OBJECTIVE OF EXEMPT DONEE | $40,000 |
UNIVERSITY SCHOOL OF NASHVILLE PURPOSE: FURTHER OBJECTIVE OF EXEMPT DONEE | $50,000 |