Buist Foundation
- Assets
- $772.2k
- Revenue
- $386.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Byron Center, MI
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 38-3314509
Organization Overview
Buist Foundation is located in Byron Center, MI. The organization was established in 1997. 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. Buist 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, Buist Foundation generated $386.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $497.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Buist Foundation has awarded 123 individual grants totaling $622,249. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSISTANCE WITH HOUSING, MORTGAGE/RENT PAYMENTS, INSURANCE, UTILITIES, AND OTHER RELATED EXPENSES FOR NEEDY FAMILIES IN THE SURROUNDING COMMUNITY
PROVIDE ASSISTANCE WITH CLOTHING, COUNSELING, ADOPTION ASSISTANCE, AUTO EXPENSES, AND MEDICAL COSTS FOR NEEDY FAMILIES IN THE SURROUNDING COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Brinks President | 5 | $0 | |
Matt Devries Vice President | 3 | $0 | |
Andy Vermurlen Secretary | 3 | $0 | |
Adam Herrema Director | 3 | $0 | |
Scott Bishop Director | 3 | $0 | |
Josh Cisler Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $385,361 |
| Interest on Savings | $769 |
| 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 | $386,130 |
| 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 | $178,919 |
| Total operating and administrative expenses | $178,919 |
| Contributions, gifts, grants paid | $318,546 |
| Total expenses and disbursements | $497,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $772,210 |
| 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 | $772,210 |
| 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, Buist Foundation has awarded $318,546 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA FAMILY SERVICES PURPOSE: COMMUNITY ASSISTANCE | $500 |
ALTERNATIVES OF KALAMAZOO CRISES PREGNANCY CENTER PURPOSE: PREGNANCY ASSISTANCE | $2,500 |
BYRON CENTER HIGH SCHOOL PURPOSE: SCHOLARSHIP | $1,000 |
BYRON COMMUNITY MINISTRIES PURPOSE: MISSIONS | $10,000 |
COVENANT HOUSE PURPOSE: GRANT | $2,000 |
DESIGNED TO THRIVE PURPOSE: COMMUNITY ASSISTANCE | $2,000 |