Fundacao Brava Inc

Organization Overview

Fundacao Brava Inc is located in null. The organization was established in 2000. 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. Fundacao Brava Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Fundacao Brava Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $4.2m during the year ending 12/2021. While expenses have increased by 11.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, BENEVOLENT, OR PHILANTHROPIC PURPOSES, INCLUDING THE PROMOTION OF SOCIAL WELFARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDING THE INSTITUTO BRAVA IN THE FIELD OF ECONOMIC DEVELOPMENT FOR MONITORING OF FUNDACAO BRAVA'S PROJECTS IN BRAZIL (PROJECT 22).IN 2012, FUNDACAO BRAVA ESTABLISHED A COOPERATION AGREEMENT WITH THE INSTITUTO BRAVA, A NON-GOVERNMENTAL ORGANIZATION (NGO), WHICH AIMS TO PROMOTE AND DEVELOP BUSINESS PRACTICES THAT ENABLE BRAZIL TO DEVELOP AND ADVANCE IN SEVERAL AREAS. IN THIS WAY, INSTITUTO BRAVA IS RESPONSIBLE FOR THE MONITORING AND TRACKING OF ALL THE PROJECTS SUPPORTED BY FUNDACAO BRAVA IN BRAZIL.


FUNDING MASP - MUSEU DE ARTE DE SO PAULO ASSIS CHATEAUBRIAND (PROJECT 2)"MASP" IS A PRIVATE NON-PROFIT ASSOCIATION THAT, SINCE ITS FOUNDATION IN 1947, HAS BEEN SUPPORTED BY GENEROUS CONTRIBUTIONS FROM PROMINENT PEOPLE IN SO PAULO AND BRAZILIAN SOCIETY, RESPONSIBLE FOR FORMING ONE OF THE MAIN ART COLLECTIONS IN THE SOUTHERN HEMISPHERE. THE PROJECT "MASP EM EXPANSO" WAS CREATED IN ORDER TO EXPAND THE MUSEUM'S VISITORS, TO OFFER FACILITIES AND GREATER COMFORT TO THE PUBLIC THROUGH THE FEASIBILITY OF A NEW BUILDING.


FUNDING INSPER - INSTITUTO DE ENSINO E PESQUISA IN THE FIELD OF EDUCATION (PROJECT 1).INSPER IS AN ACADEMIC ORGANIZATION IN BRAZIL, FOUNDED IN 1982, WHOSE MISSION IS TO BE A CENTER OF EXCELLENCE IN BUSINESS AND ECONOMICS. IT COMBINES ACADEMIC RIGOR WITH A PRAGMATIC MARKET APPROACH AND TRAINS SELF-DRIVEN PEOPLE TO BECOME SUCCESSFUL LEADERS AND PROFESSIONALS WITH SOLID ETHICAL PRINCIPLES.


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Board, Officers & Key Employees

Name (title)Compensation
Carlos Alberto Sicupira
Chairperson
$0
Leticia Piccolotto Ferreira
CEO
$0
Cecilia DE P Machado Sicupira
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,498,254
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,498,254
Total Program Service Revenue$0
Investment income $1,021
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,499,275

Peer Organizations

Organization NameAssets
Lily Street Foundation
$1,348,328
Fundacao Brava Inc
$4,499,275
Hawk Rock Foundation
$4,330,151
John Volken Foundation
$311,654
The J C Anderson Family Foundation
$761,118
Kingjay Foundation Trust
$78,488
Alice Stiftung English Translation-Alice Foundation
$314,292
Hodgman Family Foundation Tr
$91,059
Lozowick Family Foundation Inc
$5,552
Helen And Ernest Simmons Environmental Education Fund
$32,258
Pizar Foundation
$251
Keg Spirit Foundation
$27,843

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