George W Bush Foundation
- Assets
- $628.8m
- Revenue
- $37.7m
- Investments
- $72.1m
- Employees
- 115
- Location
- Dallas, TX
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 20-4119317
Organization Overview
George W Bush Foundation, operating under the name The George W Bush Presidential Center The George W Bush Institute, is located in Dallas, TX. The organization was established in 2006. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, George W Bush Presidential Center The George W Bush Institute employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George W Bush Presidential Center The George W Bush Institute 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, George W Bush Presidential Center The George W Bush Institute generated $37.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $30.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, George W Bush Presidential Center The George W Bush Institute has awarded 486 individual grants totaling $8,196,456. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR MISSION STATEMENT.
Describe the Organization's Program Activity:
THE GEORGE W. BUSH INSTITUTE DEVELOPS LEADERS, ADVANCES POLICY AND TAKES ACTION TO SOLVE TODAY'S MOST PRESSING CHALLENGES. DOMESTICALLY, THE INSTITUTE FOCUSES ON ECONOMIC GROWTH, EDUCATION REFORM, ENSURING VETERANS AND THEIR FAMILIES MAKE SUCCESSFUL TRANSITIONS TO CIVILIAN LIFE AND DEVELOPING A NEW GENERATION OF LEADERS FOCUSED ON SOLVING SOCIETY'S MOST CHALLENGING ISSUES. GLOBALLY, THE INSTITUTE FOCUSES ON SAVING WOMEN'S LIVES FROM CERVICAL CANCER IN SUB-SAHARAN AFRICA; EXTENDING FREEDOM AND DEMOCRACY AROUND THE WORLD; AND PROMOTING EDUCATION, HEALTHCARE AND ECONOMIC OPPORTUNITY FOR WOMEN AROUND THE WORLD. ADDITIONALLY, PUBLIC PROGRAMMING AND PUBLICATIONS PROMOTE A GREATER UNDERSTANDING OF THE AMERICAN PRESIDENCY AND ENGAGES THE PUBLIC IN THOUGHT PROVOKING WAYS.
THE GEORGE W. BUSH PRESIDENTIAL CENTER IS HOME TO THE GEORGE W. BUSH PRESIDENTIAL LIBRARY AND MUSEUM AND THE GEORGE W. BUSH INSTITUTE. SINCE OPENING, 1,876,723 PEOPLE HAVE VISITED THE MUSEUM, INCLUDING ONE TEMPORARY EXHIBIT IN 2021:"OUT OF MANY, ONE: PORTRAITS OF AMERICA'S IMMIGRANTS" HIGHLIGHTED A SERIES OF PAINTINGS BY PRESIDENT BUSH OF AMERICAN IMMIGRANTS AND THEIR JOURNEYS AND STORIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth A Hersh President & Ceo/director | OfficerTrustee | 40 | $562,701 |
Holly A Kuzmich Senior Vp/executive Director | Officer | 40 | $313,309 |
Brian S Cossiboom VP Finance & Operations/treasurer | Officer | 40 | $279,356 |
Michael T Mcmahan VP Corporate Planning & Development | Officer | 40 | $232,879 |
Guy H Kerr Secretary/general Counsel | Officer | 40 | $232,671 |
Anne E Wicks Director, Education & Opportunity | 40 | $221,943 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Syracuse Universityivmf Research & Evaluation Services | 12/30/21 | $960,536 |
Beck Architecture Construction Contract | 12/30/21 | $520,308 |
Southern Botanical Landscaping Services | 12/30/21 | $502,773 |
Brigade Llc Program & Event Expense | 12/30/21 | $374,703 |
Culinaire International Program & Event Expense | 12/30/21 | $340,505 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $113,135 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,283,470 |
| Noncash contributions included in lines 1a–1f | $1,072,151 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,396,605 |
| Total Program Service Revenue | $1,960,497 |
| Investment income | $4,567,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $168,723 |
| Net Gain/Loss on Asset Sales | $3,317,196 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,657,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,131,513 |
| Grants and other assistance to domestic individuals. | $410,240 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,005,252 |
| Compensation of current officers, directors, key employees. | $726,112 |
| Compensation to disqualified persons | $136,185 |
| Other salaries and wages | $7,884,530 |
| Pension plan accruals and contributions | $353,892 |
| Other employee benefits | $1,714,133 |
| Payroll taxes | $663,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,414 |
| Fees for services: Accounting | $90,794 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $129,391 |
| Fees for services: Investment Management | $147,598 |
| Fees for services: Other | $3,466,525 |
| Advertising and promotion | $25,183 |
| Office expenses | $779,997 |
| Information technology | $757,369 |
| Royalties | $0 |
| Occupancy | $1,567,810 |
| Travel | $411,394 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,169,717 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,458,614 |
| Insurance | $72,421 |
| All other expenses | $0 |
| Total functional expenses | $30,053,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,752,391 |
| Savings and temporary cash investments | $6,643,570 |
| Pledges and grants receivable | $48,438,489 |
| Accounts receivable, net | $149,662 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $838,358 |
| Net Land, buildings, and equipment | $147,208,422 |
| Investments—publicly traded securities | $305,289,293 |
| Investments—other securities | $72,050,567 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,475,667 |
| Total assets | $628,846,419 |
| Accounts payable and accrued expenses | $1,793,580 |
| Grants payable | $0 |
| Deferred revenue | $339,360 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,132,940 |
| Net assets without donor restrictions | $380,404,661 |
| Net assets with donor restrictions | $246,308,818 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $628,846,419 |
Grants Awarded
Over the last fiscal year, George W Bush Foundation has awarded $175,005 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
WACO ISD PURPOSE: LIBRARY BOOKS | $11,667 |
WACO INDEPENDENT SCHOOL DISTRICT PURPOSE: LIBRARY BOOKS | $11,667 |
BROWNSVILLE INDEPENDENT SCHOOL DISTRICT PURPOSE: LIBRARY BOOKS | $11,667 |
FORT WORTH ISD PURPOSE: SCHOLARSHIPS | $11,667 |
SAN ANTONIO INDEPENDENT SCHOOL DISTRICT PURPOSE: LIBRARY BOOKS | $11,667 |
CONROE INDEPENDENT SCHOOL DISTRICT PURPOSE: LIBRARY BOOKS | $11,667 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that George W Bush Foundation has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Swalwell-Connor Family Foundation Inc Dallas, TX PURPOSE: SUPPORT THE WORK OF THE BUSH PRESIDENTIAL LIBRARY | $1,000 |
Richard A & Donna L Sterban Foundation Grosse Pointe, MI PURPOSE: GENERAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $298,796,449 |
| Earnings | $70,376,936 |
| Net Contributions | $14,822,243 |
| Other Expense | $7,121,546 |
| Ending Balance | $376,874,082 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George W Bush Foundation Dallas, TX | $628,846,419 | $37,657,859 |
Pioneer Library System Norman, OK | $5,931,448 | $15,507,691 |
Amigos Library Services Addison, TX | $13,779,793 | $13,572,299 |
Houston Academy Of Medicine Houston, TX | $57,192,263 | $9,726,228 |
Rosenberg Library Association Galveston, TX | $38,547,435 | $5,322,146 |
Texas Rangers Baseball Foundation Arlington, TX | $31,952,885 | $4,231,744 |
Texas Library Association Austin, TX | $3,885,906 | $2,023,532 |
Nicholas P Sims Library And Lyceum Waxahachie, TX | $6,016,321 | $1,456,902 |
T L L Temple Memorial Library & Archives Diboll, TX | $4,162,289 | $853,055 |
Jal Public Library Fund Jal, NM | $27,094,564 | $3,040,405 |
Mid-Continent Geological Library Inc Edmond, OK | $1,595,859 | $293,509 |
Bexar County Medical Library Association San Antonio, TX | $5,494,674 | $707,549 |