Bella Vista Foundation
- Assets
- $6.0m
- Revenue
- $371.2k
- Investments
- $6.0m
- Employees
- 0
- Location
- Bristol, VA
- Founding
- 06/2010
- Data as of
- 12/2022
- EIN
- 27-2313963
Organization Overview
Bella Vista Foundation is located in Bristol, VA. The organization was established in 2010. 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. Bella Vista 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, Bella Vista Foundation generated $371.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bella Vista Foundation has awarded 261 individual grants totaling $10,633,950. 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 |
|---|---|---|---|
Marvin W Gilliam Jr President | 0 | $0 | |
Donna Stevens Director | 0 | $0 | |
Marcia A Gilliam Vice Preside | 0 | $0 | |
Kimberly Gibson Director | 0 | $0 | |
Rodney Miller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,737 |
| Dividends & Interest | $82,301 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $274,206 |
| Capital Gain Net Income | $274,206 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $371,244 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,705 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,063 |
| Total operating and administrative expenses | $70,945 |
| Contributions, gifts, grants paid | $1,107,000 |
| Total expenses and disbursements | $1,177,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11 |
| Savings and temporary cash investments | $0 |
| 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 | $10,708 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,588,828 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,970,919 |
| Accounts payable and accrued expenses | $345,002 |
| 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 | $22,280 |
| Total liabilities | $367,282 |
Grants Awarded
Over the last fiscal year, Bella Vista Foundation has awarded $1,107,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BARTER THEATRE PURPOSE: GENERAL OPERATIONS | $50,000 |
BIRTHPLACE OF COUNTRY MUSIC PURPOSE: GENERAL OPERATIONS | $15,000 |
BRISTOL YWCA PURPOSE: GENERAL OPERATIONS | $60,000 |
FEEDING AMERICA SWVA PURPOSE: GENERAL OPERATIONS | $5,000 |
FELLOWSHIP CHAPEL BUILDING FUND PURPOSE: BUILDING FUND | $10,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: GENERAL OPERATIONS | $20,000 |