Bug And Bean Fund
- Assets
- $3.4m
- Revenue
- $175.0k
- Investments
- $3.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2023
- EIN
- 84-3119862
Organization Overview
Bug And Bean Fund is located in Atlanta, GA. 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. Bug And Bean Fund 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, Bug And Bean Fund generated $175.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (38.6%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bug And Bean Fund has awarded 23 individual grants totaling $2,473,000. 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 | $56,777 |
| Dividends & Interest | $64,912 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,357 |
| Capital Gain Net Income | $53,357 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $175,046 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $879 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,761 |
| Contributions, gifts, grants paid | $1,098,000 |
| Total expenses and disbursements | $1,121,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,645 |
| 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 | $3,380,688 |
| 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, Bug And Bean Fund has awarded $1,098,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE TEMPLE PURPOSE: UNRESTRICTED | $10,000 |
GEORGIA RESILIENCE AND OPPORTUNITY FUND PURPOSE: UNRESTRICTED | $250,000 |
CARNEGIE MELLON UNIVERSITY PURPOSE: UNRESTRICTED | $250,000 |
BOYS & GIRLS CLUB OF TRANSYLVANIA COUNTY PURPOSE: UNRESTRICTED | $125,000 |
SUMMIT CHARTER SCHOOL FOUNDATION INC PURPOSE: UNRESTRICTED | $200,000 |
THE PAIDEIA SCHOOL PURPOSE: UNRESTRICTED | $3,000 |