Arkansas Bar Foundation

Organization Overview

Arkansas Bar Foundation is located in Little Rock, AR. The organization was established in 1960. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2020, Arkansas Bar Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Arkansas Bar Foundation generated $254.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $243.6k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE EXEMPT PURPOSE OF THE ARKANSAS BAR FOUNDATION IS TO PROMOTE THE FOLLOWING EDUCATIONAL, LITERARY, SCIENTIFIC AND CHARITABLE PURPOSES: TO IMPROVE AND FACILITATE THE ADMINISTRATION OF JUSTICE; TO PROMOTE STUDY AND RESEARCH IN THE FIELD OF LAW; THE DIFFUSION OF KNOWLEDGE THEREOF; AND THE CONTINUING EDUCATION OF LAWYERS; TO CAUSE TO BE PUBLISHED AND TO DISTRIBUTE ADDRESSES, REPORTS, TREATISES AND OTHER LITERARY WORKS ON LEGAL SUBJECTS AND TO ACQUIRE, PRESERVE AND EXHIBIT RARE BOOKS AND DOCUMENTS, OBJECTS OF ART, AND ITEMS OF HISTORICAL INTEREST HAVING LEGAL SIGNIFICANCE OR BEARING ON THE ADMINISTRATION OF JUSTICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

APPROXIMATELY FIFTY SCHOLARSHIPS PROVIDED FOR LAW STUDENTS AT THE UNIVERSITY OF ARKANSAS AND UNIVERSITY OF ARKANSAS AT LITTLE ROCK.


ANNUAL FUNCTION TO HONOR SCHOLARSHIP CONTRIBUTIONS AND SCHOLARSHIP RECIPIENTS AND TO ALLOW THE TWO GROUPS TO MEET. A SECOND FUNCTION RECOGNIZES NEW FELLOWS AND THOSE WHO HAVE PROVIDED OUTSTANDING SERVICE TO THE BAR.


FUNDED SPECIAL PROJECTS TO IMPROVE THE ADMINISTRATION OF JUSTICE, PROMOTE THE STUDY OF LAW, ENHANCE THE JUDICIAL PROCESS, AND PROMOTE PROFESSIONALISM AMONG ARKANSAS ATTORNEYS. PROJECTS INCLUDE FUNDING EDUCATIONAL PROGRAMS FOR THE ARKANSAS BAR ASSOCIATION ANNUAL MEETING; SUPPORT FOR ARKANSAS BAR ASSOCIATION MOCK TRIAL COMPETITIONS FOR HIGH SCHOOL STUDENTS; CONTINUING EDUCATION OF LAWYERS; AND PARTIAL FUNDING FOR A RURAL PRACTICE INCUBATOR PROJECT.


PROVIDED TWO PROFESSORSHIPS AT UNIVERSITY OF ARKANSAS LAW SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Ann Dixon Pyle
Executive Director
$48,188
Danyelle Walker
President
$0
Curtis E Hogue
Secretary-Treasurer
$0
Judge Cindy G Thyer
Vice President
$0
Pamela Gibson
Director
$0
Jamie Huffman Jones
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$94,252
Investment income $87,168
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$7,186
Net Gain/Loss on Asset Sales $76,391
Net Income from Fundraising Events -$3,959
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $254,468

Grants Awarded

Over the last fiscal year, Arkansas Bar Foundation has awarded $65,538 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY OF ARKANSAS AT LITTLE ROCK

Org PageRecipient Profile

Fayetteville, AR

PURPOSE: PROFESSORSHIP AND SCHOLARSHIPS

$34,356

UNIVERSITY OF ARKANSAS

PURPOSE: PROFESSORSHIP AND SCHOLARSHIPS

$31,182
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Arkansas Bar Foundation has recieved totaling $1,000.

Awarding OrganizationAmount
Lester Mckinley Fam Foundation

Dewitt, AR

PURPOSE: SCHOLARSHIPS FOR STUDENTS

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,661,859
Earnings$1,119
Net Contributions$31,912
Ending Balance$1,694,890

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