Barbara Bush Foundation For Family Literacy Inc
- Assets
- $30.7m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 16
- Location
- Washington, DC
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 26-0587238
Organization Overview
Barbara Bush Foundation For Family Literacy Inc is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Barbara Bush Foundation For Family Literacy Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barbara Bush Foundation For Family Literacy 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 12/2021, Barbara Bush Foundation For Family Literacy Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $6.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Barbara Bush Foundation For Family Literacy Inc has awarded 146 individual grants totaling $21,862,238. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND THOUGHT LEADERSHIP
READING MENTORSHIP PROGRAMS
TECHNOLOGY AND INNOVATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
British Robinson President/ceo | OfficerTrustee | 60 | $383,950 |
Andrew Roberts Chief Operating Officer | Officer | 40 | $257,414 |
Jyoti Schlesinger VP Of Missions & Programs | 40 | $200,510 | |
Evangeline Fields Chief Financial Officer | Officer | 40 | $192,550 |
Christopher Robinson Major Gifts Officer | 40 | $166,953 | |
Hutton Higgins VP Of Development | 40 | $145,833 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
C&r Strategy Partners Digital Learning Center Design & Build | 12/30/21 | $307,500 |
Artemis Ward Llc Consulting Services | 12/30/21 | $319,497 |
Sally Elnagger Event Planner | 12/30/21 | $110,158 |
Clare Bonsignore Consulting Services | 12/30/21 | $139,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $347,671 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,328,605 |
| Noncash contributions included in lines 1a–1f | $44,046 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,676,276 |
| Total Program Service Revenue | $0 |
| Investment income | $527,970 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,235,108 |
| Net Income from Fundraising Events | $139,832 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,662,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $911,655 |
| Compensation of current officers, directors, key employees. | $88,196 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,660,045 |
| Pension plan accruals and contributions | $113,525 |
| Other employee benefits | $86,204 |
| Payroll taxes | $159,493 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,040 |
| Fees for services: Accounting | $59,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $59,500 |
| Fees for services: Investment Management | $177,395 |
| Fees for services: Other | $1,419,878 |
| Advertising and promotion | $260,579 |
| Office expenses | $89,446 |
| Information technology | $3,724 |
| Royalties | $0 |
| Occupancy | $383,780 |
| Travel | $71,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $278,592 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,737 |
| Insurance | $27,142 |
| All other expenses | $0 |
| Total functional expenses | $6,161,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,996,783 |
| Savings and temporary cash investments | $1,178,910 |
| Pledges and grants receivable | $240,963 |
| Accounts receivable, net | $0 |
| 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 | $412,015 |
| Net Land, buildings, and equipment | $18,176 |
| Investments—publicly traded securities | $26,899,887 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,746,734 |
| Accounts payable and accrued expenses | $730,926 |
| Grants payable | $0 |
| Deferred revenue | $277,289 |
| 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 | $1,008,215 |
| Net assets without donor restrictions | $28,077,796 |
| Net assets with donor restrictions | $1,660,723 |
| 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 | $30,746,734 |
Grants Awarded
Over the last fiscal year, Barbara Bush Foundation For Family Literacy Inc has awarded $21,450 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Lauderdale, FL PURPOSE: EDUCATION | $7,800 |
MISSION CONSOLIDATED IND SCH DISTRICT PURPOSE: EDUCATION | $7,150 |
THE SCHOOL BOARD OF MIAMI DADE PURPOSE: EDUCATION | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Barbara Bush Foundation For Family Literacy Inc has recieved totaling $405,285.
| Awarding Organization | Amount |
|---|---|
Barbara Bush Houston Literacy Foundation Houston, TX PURPOSE: THE BARBARA BUSH FOUNDATION FOR FAMILY LITERACY SHARE OF THE PROCEEDS FROM THE 2021 CELEBRATION OF READING | $90,996 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $51,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $50,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $50,000 |
Jim Moran Foundation Inc Deerfield Beach, FL PURPOSE: TEEN TRENDSETTERS READING MENTORS | $30,000 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Retail Industry Leaders Association Inc Washington, DC | $12,257,205 | $15,486,853 |
Center For Applied Linguistics Washington, DC | $9,420,510 | $10,701,396 |
Barbara Bush Foundation For Family Literacy Inc Washington, DC | $30,746,734 | $7,662,955 |
New Civil Liberties Alliance Washington, DC | $4,877,448 | $3,912,261 |
Humanity First Usa Silver Spring, MD | $4,268,459 | $5,114,185 |
Maryland Humanities Council Inc Baltimore, MD | $2,602,498 | $3,083,306 |
Ripon Society Inc Washington, DC | $17,655,909 | $3,657,728 |
American Helicopter Society International Inc Fairfax, VA | $2,304,770 | $2,233,027 |
Glass Packaging Institute Arlington, VA | $1,054,008 | $1,926,864 |
Ethics Resource Center Inc Vienna, VA | $3,189,792 | $2,796,560 |
Fed Of State Humanities Councils Arlington, VA | $1,672,955 | $1,107,693 |
National Association Of Federally Impacted Schools Washington, DC | $1,850,853 | $1,094,751 |