Bezos Family Foundation is located in Seattle, WA. The organization was established in 2003. 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. Bezos Family 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 12/2022, Bezos Family Foundation generated $84.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $108.3m during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
BEZOS SCHOLARS PROGRAM (SEE ATTACHMENT A)
VROOM (SEE ATTACHMENT A)
MIND IN THE MAKING (SEE ATTACHMENT A)
STUDENTS REBUILD (SEE ATTACHMENT A)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miguel A Bezos Director, Vice Pres, Secretary | 1 | $0 | |
Jacklyn G Bezos Director, Chair, President | 1 | $0 | |
Christina Bezos Poore Director | 1 | $0 | |
Mark S Bezos Director | 1 | $0 | |
Lisa Bezos Director | 1 | $0 | |
Stephen S Poore Director | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Perkins Coie Llp | 12/30/22 | $253,350 |
Mccutchen Group | 12/30/22 | $204,426 |
Wearerally Llc | 12/30/22 | $360,985 |
Substantial | 12/30/22 | $332,909 |
Hansell Tierney Inc | 12/30/22 | $155,502 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $114,846,237 |
| Interest on Savings | $0 |
| Dividends & Interest | $971,619 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $15,003,679 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$30,958,866 |
| Total Revenue | $84,858,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,981,787 |
| Pension plans, employee benefits | $404,697 |
| Interest | $0 |
| Taxes | $655,211 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,875 |
| Printing and publications | $0 |
| Other expenses | $4,583,749 |
| Total operating and administrative expenses | $9,076,753 |
| Contributions, gifts, grants paid | $99,205,381 |
| Total expenses and disbursements | $108,282,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,181,454 |
| 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 | $13,699,570 |
| Total assets | $107,306,683 |
| Accounts payable and accrued expenses | -$984 |
| 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 | $8,499 |
| Total liabilities | $7,515 |