Barbara Bush Foundation For Family Literacy Inc
- Assets
- $28.6m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 23
- Location
- Washington, DC
- Founding
- 12/2007
- Data as of
- 12/2023
- 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 12/2023, Barbara Bush Foundation For Family Literacy Inc employed 23 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 12/2023, Barbara Bush Foundation For Family Literacy Inc generated $7.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $6.0m during the year ending 12/2023. 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 158 individual grants totaling $22,004,238. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS COMMITTED TO BUILDING A STRONGER, MORE EQUITABLE AMERICA THROUGH LITERACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATALYZE
CONVENE
EDUCATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Rogoff Director | Trustee | 1 | $0 |
Andrew Roberts Interim CEO - Chief Operating Officer | OfficerTrustee | 40 | $313,323 |
British Robinson President/ceo Until 6/30/23 | OfficerTrustee | 40 | $434,649 |
Chris Frangione Director | Trustee | 1 | $0 |
David Risher Director Until 12/7/23 | Trustee | 1 | $0 |
Denine Torr Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
C&r Strategy Partners Llc Digital Learning Platform | 12/30/23 | $265,560 |
Fti Consulting All-in Communications | 12/30/23 | $195,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $541,295 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,047,557 |
| Noncash contributions included in lines 1a–1f | $51,852 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,588,852 |
| Total Program Service Revenue | $0 |
| Investment income | $614,827 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $40,935 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,244,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $145,450 |
| 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. | $1,457,601 |
| Compensation of current officers, directors, key employees. | $105,682 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,399,206 |
| Pension plan accruals and contributions | $99,098 |
| Other employee benefits | $72,837 |
| Payroll taxes | $175,750 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,250 |
| Fees for services: Accounting | $41,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $98,446 |
| Fees for services: Other | $1,138,344 |
| Advertising and promotion | $79,924 |
| Office expenses | $71,434 |
| Information technology | $3,013 |
| Royalties | $0 |
| Occupancy | $381,495 |
| Travel | $157,199 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $322,557 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,472 |
| Insurance | $30,712 |
| All other expenses | $381 |
| Total functional expenses | $6,031,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,724,787 |
| Savings and temporary cash investments | $230,517 |
| Pledges and grants receivable | $286,616 |
| 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 | $206,017 |
| Net Land, buildings, and equipment | $91,259 |
| Investments—publicly traded securities | $23,307,226 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,728,959 |
| Total assets | $28,575,381 |
| Accounts payable and accrued expenses | $825,885 |
| Grants payable | $0 |
| Deferred revenue | $23,897 |
| 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 | $2,030,452 |
| Total liabilities | $2,880,234 |
| Net assets without donor restrictions | $23,928,464 |
| Net assets with donor restrictions | $1,766,683 |
| 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 | $28,575,381 |
Grants Awarded
Over the last fiscal year, Barbara Bush Foundation For Family Literacy Inc has awarded $76,700 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BROWARD EDUCATION FOUNDATION PURPOSE: EDUCATION | $18,850 |
CURATORS OF THE UNIVERSITY OF MISSOURI PURPOSE: EDUCATION | $7,500 |
GEFFEN PLAYHOUSE INC PURPOSE: EDUCATION | $15,000 |
LITERACY MINNESOTA PURPOSE: EDUCATION | $10,000 |
MISSION CONSOLIDATED IND SCH DISTRICT PURPOSE: EDUCATION | $5,200 |
POLK COUNTY SCHOOLS PURPOSE: EDUCATION | $5,200 |