Builders Initiative
- Assets
- $992.9m
- Revenue
- $530.3m
- Investments
- $991.8m
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 11/2017
- Data as of
- 12/2020
- EIN
- 82-1503941
Organization Overview
Builders Initiative is located in Bentonville, AR. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Builders Initiative 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 12/2020, Builders Initiative generated $530.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $22.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Builders Initiative has awarded 297 individual grants totaling $61,821,178. 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
2020
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 |
|---|---|---|---|
Name Not Listed Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Spitfire Strategies Llc | 12/30/21 | $63,000 |
Lutman & Associates Llc | 12/30/21 | $60,000 |
Builders Vision Llc | 12/30/21 | $7,770,491 |
Walton Enterprises Llc | 12/30/21 | $269,643 |
Northern Trust | 12/30/21 | $738,632 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $534,345,840 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,536,629 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,141,535 |
| Capital Gain Net Income | $505,574,356 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$475,054 |
| Total Revenue | $530,265,880 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $5,863 |
| Taxes | $3,399,425 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,440,512 |
| Total operating and administrative expenses | $6,809,787 |
| Contributions, gifts, grants paid | $15,240,433 |
| Total expenses and disbursements | $22,050,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,701 |
| 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 | $1,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $991,073,895 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $992,945,696 |
| 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 | $163,898 |
| Total liabilities | $163,898 |
Grants Awarded
Over the last fiscal year, Builders Initiative has awarded $28,391,344 in support to 145 organizations.
| Grant Recipient | Amount |
|---|---|
Kanab, UT PURPOSE: FOR PET RESOURCE CENTER CONSTRUCTION | $2,000,000 |
New York, NY PURPOSE: 2022-2024 IMPACT GROWTH STRATEGY | $1,500,000 |
Arlington, VA PURPOSE: MAKE IT PERSONAL PROGRAM SUPPORT | $1,000,000 |
Chicago, IL PURPOSE: CHICAGO FRONTLINE FUNDING INITIATIVE | $675,000 |
CHANGING TASTES PURPOSE: IF MORE BY SEA RESEARCH, ACTIVATION, COALI | $642,000 |
Chicago, IL PURPOSE: AUSTIN GROCERY INITIATIVE | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Impetus Foundation San Antonio, TX | $248,495,187 | $85,291,192 |