Bia Echo Foundation
- Assets
- $118.8m
- Revenue
- $92.7m
- Investments
- $106.0m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 83-3983572
Organization Overview
Bia Echo Foundation is located in Reno, NV. The organization was established in 2019. 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. Bia Echo 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 12/2023, Bia Echo Foundation generated $92.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.0% each year . All expenses for the organization totaled $576.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bia Echo Foundation has awarded 12 individual grants totaling $36,973,111. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION OF A DOCUMENTARY CURRENTLY TITLED "UNTITLED SOIL AND JUSTICE DOCUMENTARY"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Shanahan President | 40 | $0 | |
Chloe Cockburn Director | 40 | $0 | |
Daniel Hall Treasurer | 1 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Davis Wright Tremaine Llp | 12/30/20 | $84,811 |
Capgemini America Inc | 12/30/20 | $102,800 |
Seiler Llp | 12/30/20 | $104,700 |
Davis Wright Tremaine Llp | 12/30/20 | $0 |
Seiler Llp | 12/30/20 | $0 |
Capgemini America Inc | 12/30/20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $90,308,036 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,632,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,281,265 |
| Capital Gain Net Income | $18,770,546 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $51,192 |
| Total Revenue | $92,710,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $371,092 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,729 |
| Printing and publications | $0 |
| Other expenses | $128,259 |
| Total operating and administrative expenses | $576,447 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $576,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,009 |
| Savings and temporary cash investments | $12,137,955 |
| 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 | $625,491 |
| Total assets | $118,816,307 |
| Accounts payable and accrued expenses | $7,915 |
| 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 | $7,915 |
Grants Awarded
Over the last fiscal year, Bia Echo Foundation has awarded $22,530,551 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VANGUARD CHARITABLE DONOR ADVISED FUND PURPOSE: UNRESTRICTED | $14,000,000 |
NATIONAL ACADEMY OF SCIENCES PURPOSE: REPRODUCTIVE LONGEVITY & EQUAL | $150,000 |
CONGREGATION EMANU-EL PURPOSE: UNRESTRICTED | $1,000,000 |
NUS AMERICA FOUNDATION INC PURPOSE: REPRODUCTIVE LONGEVITY AND EQUAL | $2,000,000 |
IOWA STATE UNIVERSITY FOUNDATION PURPOSE: HEALTHY AND LIVABLE PLANET | $380,551 |
BUCK INSTITUTE FOR RESEARCH IN AGING PURPOSE: HEALTHY AND LIVABLE PLANET | $5,000,000 |