Bmr Foundation is located in Burton, OH. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bmr 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, Bmr Foundation generated $24.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $15.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SECONDARY EDUCATION SCHOLARSHIP PAID TO THE FOLLOWING SCHOOLS. KENT STATE UNIVERSITY 2,000 OHIO UNIVERSITY 2,000 CEDARVILLE UNIVERSITY 2,000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul A Newman President | 0 | $0 | |
Brian Brockway Treasurer | 0 | $0 | |
Carl Hofstetter Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,355 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $9,013 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $24,368 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $100 |
Total expenses | $15,100 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,254 |
Other assets | $0 |
Total assets | $114,254 |
Total liabilities | $0 |
Net assets or fund balances | $114,254 |