Bless Foundation
- Assets
- $343.9k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 09/2017
- Data as of
- 03/2022
- EIN
- 35-2590894
Organization Overview
Bless Foundation is located in Austin, TX. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public 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. Bless 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 03/2022, Bless Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $2.1m during the year ending 03/2022. While expenses have increased by 28.7% 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.
Since 2019, Bless Foundation has awarded 42 individual grants totaling $3,842,525. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FINANCIALLY SUPPORT EXISTING US BASED 501(C)(3) ORGANIZTIONS WHO DO WORK IN UNREACHED PARTS OF THE WORLD, ADVANCING CHRISTIAN GOSPEL BY PROVIDING SERVICES, CARE, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AWARDED TO NON PROFIT ORGANIZATIONS WHO WORK IN UNREACHED PARTS OF THE WORLD, ADVANCING THE CHRISTIAN GOSPEL BY PROVIDING SERVICES, CARE AND EDUCATION.
IGNITE PROVIDES EDUCATION AND ENGAGEMENT OPPORTUNITIES FOR MARKETPLACE PROFESSIONALS THAT ARE PASSIONATE ABOUT LIVING ON MISSION FOR GOD!
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Gonzales Secretary | OfficerTrustee | 2 | $0 |
Tabitha Hale Vice President & Treasurer | OfficerTrustee | 10 | $0 |
Heath Hale President | OfficerTrustee | 10 | $0 |
Sam Kim Director | Trustee | 2 | $0 |
Todd Ahrend Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,625,733 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $581,442 |
| Noncash contributions included in lines 1a–1f | $17,921 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,207,175 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$186,962 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,020,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,695,392 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $205,000 |
| Fees for services: Legal | $615 |
| Fees for services: Accounting | $8,794 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,914 |
| Advertising and promotion | $31,952 |
| Office expenses | $9,361 |
| Information technology | $9,800 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,032 |
| Interest | $469 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $833 |
| Insurance | $1,091 |
| All other expenses | $226 |
| Total functional expenses | $2,080,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,912 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $343,875 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $335,627 |
| Net assets with donor restrictions | $8,248 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $343,875 |
Grants Awarded
Over the last fiscal year, Bless Foundation has awarded $1,694,260 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Bradenton, FL PURPOSE: SE Asia learning, translation, church plant | $298,530 |
Charlotte, NC PURPOSE: 4 Fulani Christmases/Fulani warriors | $253,600 |
Silver Spring, MD PURPOSE: Fighting human trafficking | $203,159 |
Orlando, FL PURPOSE: Cocoa farm/Nepali kids education & discipleship | $180,000 |
Sanford, FL PURPOSE: Wantakia language, Maliyali Hewa Project, Wantakia airstrip | $163,617 |
Dallas, TX PURPOSE: Well drilling, Juba water system, Blue Nile project | $138,003 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Bless Foundation has recieved totaling $465,868.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $377,868 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $38,000 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $30,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |
Emerge Center Inc Baton Rouge, LA | $1,893,812 | $1,088,912 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
Axia International Spring, TX | $1,284,457 | $5,701,769 |
Shelton Landmark Foundation Dallas, TX | $120,539,366 | $9,909,394 |
Carry The Load Dallas, TX | $2,418,969 | $4,944,762 |