Willard C & Audrey G Bear
- Assets
- $1.7m
- Revenue
- $152.9k
- Investments
- $1.6m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 03/1968
- Data as of
- 12/2022
- EIN
- 34-6599113
Organization Overview
Willard C & Audrey G Bear is located in Charlottesville, VA. The organization was established in 1968. 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. Willard C & Audrey G Bear 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, Willard C & Audrey G Bear generated $152.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $125.7k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 8 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, Willard C & Audrey G Bear has awarded 332 individual grants totaling $963,122. 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 |
|---|---|---|---|
David Bear Trustee | 0.1 | $0 | |
Risa Sontz Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,241 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,617 |
| Capital Gain Net Income | $129,617 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $152,858 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,573 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,719 |
| Contributions, gifts, grants paid | $110,000 |
| Total expenses and disbursements | $125,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,157 |
| Savings and temporary cash investments | $125,134 |
| 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 | $418 |
| Total assets | $1,723,520 |
| 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 | $3,450 |
| Total liabilities | $3,450 |
Grants Awarded
Over the last fiscal year, Willard C & Audrey G Bear has awarded $110,000 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN INDIAN SERVICES PURPOSE: GENERAL | $1,000 |
AMERICARES PURPOSE: GENERAL | $1,000 |
ANTI DEFAMATION LEAGUE PURPOSE: GENERAL | $6,500 |
BEST FRIENDS LIFESAVING CENTER PURPOSE: GENERAL | $2,000 |
BERKSHIRE ENVIRONMENTAL ACTION TEAM PURPOSE: GENERAL | $500 |
BOSTON UNIVERSITY TANGLEWOOD PURPOSE: GENERAL | $10,000 |