Bear Family Foundation Inc
- Assets
- $4.2m
- Revenue
- $1.7m
- Investments
- $4.0m
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 09/2002
- Data as of
- 12/2022
- EIN
- 75-3064392
Organization Overview
Bear Family Foundation Inc is located in Pensacola, FL. The organization was established in 2002. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Bear Family Foundation Inc 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 12/2022, Bear Family Foundation Inc generated $1.7m 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 (3.6%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bear Family Foundation Inc has awarded 214 individual grants totaling $5,609,037. 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 |
|---|---|---|---|
Cindi F Bear Chairman | 0 | $0 | |
Belle Y Bear Vice Chairman | 0 | $0 | |
Lewis Bear III Treasurer | 0 | $0 | |
Jennifer M Bear Director | 0 | $0 | |
David M Bear Assistant Secretary/treasu | 0 | $0 | |
Joseph C Bonner Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,483,820 |
| Interest on Savings | $211 |
| Dividends & Interest | $120,941 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $90,771 |
| Capital Gain Net Income | $90,771 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,695,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,160 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,943 |
| Total operating and administrative expenses | $30,103 |
| Contributions, gifts, grants paid | $1,436,688 |
| Total expenses and disbursements | $1,466,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,107 |
| 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 | $4,185,772 |
| 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, Bear Family Foundation Inc has awarded $1,436,688 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
AMIKIDS PENSACOLA INC PURPOSE: CHARITABLE | $10,000 |
BAPTIST HEALTHCARE FOUNDATION PURPOSE: CHARITABLE | $900,000 |
BIG BROTHERS BIG SISTERS OF NW FLORIDA PURPOSE: CHARITABLE | $15,000 |
CENTRAL GULF COAST CDF FREEDOM SCHOOLS INC PURPOSE: SUMMER READING PROGRAM SUPPORT | $2,500 |
CHILDREN'S HOME SOCIETY OF FLORIDA PURPOSE: CHARITABLE | $1,500 |
CREATIVE LEARNING ACADEMY PURPOSE: CHARITABLE | $7,348 |