Bmam Foundation Inc
- Assets
- $37.4k
- Revenue
- $40.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 02/2000
- Data as of
- 12/2022
- EIN
- 35-2089228
Organization Overview
Bmam Foundation Inc is located in Indianapolis, IN. 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. Bmam 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 12/2022, Bmam Foundation Inc generated $40.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $41.8k during the year ending 12/2022. While expenses have increased by 14.7% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Luginbill Pres Treas Director | 1 | $0 | |
Margaret A Luginbill Secretary Director | 1 | $0 | |
Anne C Frank Director | 0.1 | $0 | |
Michael R Luginbill Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $2,417 |
| Contributions, gifts, grants paid | $39,348 |
| Total expenses and disbursements | $41,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,418 |
| 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 | $37,418 |
| 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, Bmam Foundation Inc has awarded $39,348 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY PURPOSE: SUPPORT ORGANIZATION THAT BUILDS DECENT AND AFFORDABLE HOUSING FOR THOSE IN NEED | $1,000 |
CIRCLE CITY RELIEF PURPOSE: SUPPORT ORGANIZATION THAT EXISTS TO REVEAL JESUS CHRIST TO A STRUGGLING WORLD THROUGH ENGAGEMENT THE PROVISION OF FOOD AND RESOURCES AND EVANGELISM. | $600 |
GRIT GRACE PURPOSE: EQUIPPING YOUNG LADIES TO LEAD WITH COURAGE GRIT AND GRACE | $5,000 |
SHELTERING WINGS PURPOSE: PROGRAM PROVIDES SAFE SHELTER TO THOSE FLEEING ABUSE | $3,000 |
CRU FOUNDATION PURPOSE: SUPPORT FOR ORGANIZATION THAT OFFERS SPIRITUAL GUIDANCE RESOURCES AND PROGRAMS FOR PEOPLE FROM ALL CULTURES | $5,300 |
FAMILY FIRST PURPOSE: SUPPORT OF PROGRAM TO SUPPORT PARENTING MARRIAGE AND RELATIONAL TRUTH THAT HELPS PEOPLE LOVE THEIR FAMILY WELL | $1,000 |