Bedrock Foundation Corp
- Assets
- $4.8m
- Revenue
- $5.0m
- Investments
- $4.8m
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- EIN
- 86-1976968
Organization Overview
Bedrock Foundation Corp is located in Washington, DC. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bedrock Foundation Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Feng Dong President | 50 | $0 | |
Mengping Chen Executive Director | 35 | $0 | |
John Flower Director | 0 | $0 | |
Peiliang Cui Director | 0 | $0 | |
Shi Dong Secretary | 10 | $0 | |
Suhe Harnood Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000,000 |
| Interest on Savings | $1,528 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,001,528 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,525 |
| Total operating and administrative expenses | $25,690 |
| Contributions, gifts, grants paid | $151,001 |
| Total expenses and disbursements | $176,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,337 |
| 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 | $4,751,500 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,824,837 |
| 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, Bedrock Foundation Corp has awarded $151,001 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Rockville, MD PURPOSE: RELIGION-RELATED CHARITABLE ACTIVITIES | $60,000 |
Reston, VA PURPOSE: TO SUPPORT AND EDUCATE YOUNG AMERICANS | $42,000 |
CHINA FOLK HOUSE RETREAT PURPOSE: BUILDING A FOLK RETREAT CULTURAL EXCHANGE SITE | $42,000 |
Gaithersburg, MD PURPOSE: RELIGION-RELATED CHARITABLE ACTIVITIES | $4,001 |
Paradise, PA PURPOSE: RELIGION-RELATED CHARITABLE ACTIVITIES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |
Washington Yu Ying Public Charter School Washington, DC | $27,086,728 | $12,170,772 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |
National Alliance For Public Charter Schools Washington, DC | $20,433,842 | $17,753,309 |