Brave Heart Foundation Inc
- Assets
- $5.0m
- Revenue
- $1.2m
- Investments
- $4.7m
- Employees
- 0
- Location
- Fishers, IN
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 27-0720856
Organization Overview
Brave Heart Foundation Inc is located in Fishers, IN. The organization was established in 2010. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Brave Heart Foundation 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, Brave Heart Foundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $588.6k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 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.
Since 2015, Brave Heart Foundation Inc has awarded 846 individual grants totaling $4,113,579. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lara Chandler-Belsley Executive Director | 5 | $15,000 | |
William Griffith Chairman | 5 | $0 | |
Gerry Griffith Treasurer | 5 | $0 | |
James Mulholland Secretary | 1 | $0 | |
David Mcdaniel Member | 1 | $0 | |
Kim Walton Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $406,895 |
| Interest on Savings | $0 |
| Dividends & Interest | $92,094 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $712,483 |
| Capital Gain Net Income | $712,483 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,211,472 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,148 |
| Depreciation | $0 |
| Occupancy | $4,020 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,513 |
| Total operating and administrative expenses | $67,343 |
| Contributions, gifts, grants paid | $521,250 |
| Total expenses and disbursements | $588,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,649 |
| Savings and temporary cash investments | $325,127 |
| 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 | $0 |
| Total assets | $4,986,262 |
| 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, Brave Heart Foundation Inc has awarded $521,250 in support to 135 organizations.
| Grant Recipient | Amount |
|---|---|
Carmel, IN PURPOSE: COMMUNITY ASSISTANCE | $12,500 |
COCODA PURPOSE: COMMUNITY ASSISTANCE | $10,000 |
BROOKE'S PLACE PURPOSE: IMPROVE EDUCATIONAL PROGRAMS | $10,000 |
TEAM WESTERN KENTUCKY TORNADO RELIEF FUND PURPOSE: COMMUNITY ASSISTANCE | $10,000 |
Indianapolis, IN PURPOSE: COMMUNITY ASSISTANCE | $9,000 |
GLEANERS FOOD BANK PURPOSE: OFFER COMMUNITY ASSISTANCE | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lions Clubs International Ftdn Oak Brook, IL | $351,383,302 | $75,752,011 |
Forefront Chicago, IL | $3,633,661 | $8,901,727 |
Holl Trust B Presbyterian Home Milwaukee, WI | $34,163,292 | $4,097,383 |
Shoppinggives Foundation Chicago, IL | $463,970 | $1,669,819 |
Coca Qalicb Inc Saint Louis, MO | $31,981,162 | $1,980,360 |
National Association Of Charitable Gift Planners Inc Indianapolis, IN | $1,287,608 | $1,242,754 |
Indiana Philanthropy Alliance Inc Indianapolis, IN | $2,099,351 | $1,191,041 |
Indiana Philanthropy Alliance Foundation Inc Indianapolis, IN | $2,066,230 | $804,018 |
Nonprofit Connect Network Learn Grow Kansas City, MO | $2,501,951 | $1,465,132 |
Wisconsin Philanthropy Network Inc Milwaukee, WI | $894,082 | $720,344 |
Richard G Moench Charitable Tr Peter J Sacopulos Ttee Terre Haute, IN | $9,912,661 | $1,644,844 |
Love Thy Neighborhood Louisville, KY | $166,413 | $547,792 |