Bl Foundation
- Assets
- $123.9k
- Revenue
- $3.1k
- Investments
- $36.7k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 03/1964
- Data as of
- 11/2022
- EIN
- 71-6050951
Organization Overview
Bl Foundation is located in Little Rock, AR. The organization was established in 1964. 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. Bl 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 11/2022, Bl Foundation generated $3.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $12.9k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John G Lile III Trustee | 0 | $0 | |
M J Mizell Trustee | 0 | $0 | |
Edwin G Klugh Found. Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,126 |
| 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 | $0 |
| Total Revenue | $3,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26 |
| Depreciation | $0 |
| Occupancy | $672 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $196 |
| Total operating and administrative expenses | $1,928 |
| Contributions, gifts, grants paid | $11,000 |
| Total expenses and disbursements | $12,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,823 |
| Savings and temporary cash investments | $82,377 |
| 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 | $9,103 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $123,873 |
| 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, Bl Foundation has awarded $11,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
U OF A FOUNDATION PURPOSE: ADVANCEMENT OF EDUCATIONAL ACTIVITIES. | $5,000 |
Little Rock, AR PURPOSE: SCHOLARSHIP FUND TO ASSIST DESERVING MALE AND FEMALE HIGH SCHOOL GRADUATES TO ATTEND COLLEGES AND UNIVERSITIES IN ARKANSAS. | $2,000 |
DARBY'S WARROR SUPPORT PURPOSE: TO PROVIDE PHYSICALLY AND EMOTIONALLY INJURED 9/11 SPECIAL OPERATIONS COMBAT VETERANS WITH ALL-INCLUSIVE ARKANSAS HUNTING AND FISHING OPPORTUNITIES IN AN ENVIRONMENT THAT COMFORTS, ENCOURAGES AND FOSTERS REHABILITATION, RECOVERY AND TRANSITION. | $1,000 |
NEW LIFE CHURCH PURPOSE: TO REACH OUR FRIENDS WITH THE LIFE-GIVING MESSAGE OF JESUS, TO SEE THEM BECOME FULLY DEVOTED FOLLOWERS OF CHRIST. | $1,000 |
THE 20TH CENTURY CLUB OF LITTLE ROC PURPOSE: THE MISSION OF THE 20TH CENTURY CLUB IS TO PROVIDE NO-COST HOUSING TO MEDICALLY AND FINANCIALLY QUALIFIED PATIENTS RECEIVING CANCER TREATMENT IN CENTRAL ARKANSAS. | $1,000 |
KEN DUKE AND FRIENDS PURPOSE: EACH YEAR THE BORAD CHOOSES WONDERFUL NATIONAL AND LOCAL ORGANIZATIONS TO BENEFIT FROM KEN'S CHARITABLE MISSION. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Hoblitzelle Foundation Dallas, TX | $135,054,358 | $12,987,577 |
Hillcrest Foundation Dallas, TX | $133,849,487 | $13,362,957 |
Huffington Foundation Houston, TX | $143,567,137 | $11,559,123 |
Marilyn And Sonny Oates Foundation Dallas, TX | $9,716,063 | $15,482,909 |
Frank E & Seba B Payne Foundation 31-55459-5 Dallas, TX | $0 | $7,949,536 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Ewing Halsell Foundation San Antonio, TX | $128,225,154 | $18,962,628 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Knobloch Family Foundation Houston, TX | $166,642,525 | $7,681,170 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |