Bedrossian Foundation
- Assets
- $4.0m
- Revenue
- $197.2k
- Investments
- $3.7m
- Employees
- 0
- Location
- Vancouver, WA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-6927111
Organization Overview
Bedrossian Foundation is located in Vancouver, WA. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support 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. Bedrossian 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 12/2021, Bedrossian Foundation generated $197.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (63.4%) each year. All expenses for the organization totaled $237.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bedrossian Foundation has awarded 50 individual grants totaling $590,990. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $82,410 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $113,309 |
| Capital Gain Net Income | $113,309 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,494 |
| Total Revenue | $197,213 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,079 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,076 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $38,480 |
| Contributions, gifts, grants paid | $198,528 |
| Total expenses and disbursements | $237,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $303,396 |
| 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 | $4,035,775 |
| 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, Bedrossian Foundation has awarded $198,528 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Vancouver, WA PURPOSE: CHARITABLE PURPOSE OF THE | $12,408 |
OREGON HEALTH & SCIENCE UNIVERSITY PURPOSE: CHARITABLE PURPOSE OF THE | $12,408 |
TEMPLE UNIVERSITY-KATZ SCHOOL OF PURPOSE: CHARITABLE PURPOSE OF THE | $12,408 |
RESEARCH TO PREVENT BLINDNESS PURPOSE: CHARITABLE PURPOSE OF THE | $12,408 |
ROTARY FOUNDATION OF VANCOUVER PURPOSE: CHARITABLE PURPOSE OF THE | $12,408 |
CDM CAREGIVING SERVICES PURPOSE: CHARITABLE PURPOSE OF THE | $12,408 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Woodmark Group Shoreline, WA | $3,527,392 | $806,351 |
Bedrossian Foundation Vancouver, WA | $4,035,775 | $197,213 |
Burkitts Lymphoma Fund For Africa Seattle, WA | $273,871 | $0 |
Main Street Dayton Charities Dayton, WA | $150,537 | $0 |
Nonprofit Network Of Southwest Washington Vancouver, WA | $26,848 | $0 |
Extra Strength Media Woodinville, WA | $4,814 | $0 |
Friends Of Our Community Inc Middleton, ID | $1,202 | $0 |