Bishop Family Foundation Inc is located in Ft Thomas, KY. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bishop 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, Bishop Family Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.9% each year .
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven D Bishop Officer | 0.1 | $0 | |
Connie L Bishop Officer | 0.1 | $0 | |
Jonathan M Bishop Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,388,516 |
| Interest on Savings | $370 |
| Dividends & Interest | $51,237 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,745 |
| Capital Gain Net Income | $1,424,531 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $122 |
| Total Revenue | $1,522,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,439 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $46,819 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $111,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $182,794 |
| 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 | $3,929,729 |
| 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 |
Over the last fiscal year, Bishop Family Foundation Inc has awarded $65,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY GOSPEL MISSION PURPOSE: GENERAL SUPPORT | $30,000 |
CHRISTIAN MISSIONARY FELLOWSHIP INTERNATIONAL PURPOSE: GENERAL SUPPORT | $25,000 |
NEW HOPE CENTER PURPOSE: GENERAL SUPPORT | $10,000 |