Bacca Foundation
- Assets
- $33.3m
- Revenue
- $260.8k
- Investments
- $31.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 38-6981808
Organization Overview
Bacca Foundation is located in Chicago, IL. The organization was established in 2013. 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. Bacca 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 12/2023, Bacca Foundation generated $260.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $594.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Bacca Foundation has awarded 24 individual grants totaling $14,021,000. 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 |
|---|---|---|---|
Jp Morgan Trust Company Of Delaware Trustee | 0 | $0 | |
Brett M Berry Trustee | 0 | $0 | |
Winston B Berry Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $904,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$644,000 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $260,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,326 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $116,709 |
| Contributions, gifts, grants paid | $478,000 |
| Total expenses and disbursements | $594,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,062 |
| Savings and temporary cash investments | $1,490,880 |
| Net Accounts receivable | $23,341 |
| 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 | $6,946,332 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,290,504 |
| 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, Bacca Foundation has awarded $2,694,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER COMMUNITY HEALTH FOUNDATION PURPOSE: SUPPORT A COMMUNITY OWNED-AND-OPERATED NONPROFIT HEALTH SYSTEM DEDICATED TO PROVIDING HIGH-QUALITY MEDICAL CARE TO PEOPLE AND BUSINESSES IN BOULDER AND SURROUNDING AREAS. | $25,000 |
BRAVO VAIL PURPOSE: SUPPORT FOR BRAVO! VAIL MUSIC FESTIVAL | $125,000 |
CAL-WOOD EDUCATION CENTER PURPOSE: SUPPORT FOR ENVIRONMENTAL EDUCATION PROGRAMS TO GROW DIVERSITY AND NUMBER OF PEOPLE WHO EXPERIENCE NATURE AND THE COLORADO MOUNTAINS | $30,000 |
DAVIDSON COLLEGE PURPOSE: SUPPORT FOR THE BACCA FUND FOR HUMANITIES PROGRAM USED TO FUND PREORIENTATION PROGRAM FOR INCOMING HUMANTIES STUDENTS AND DOMESTIC STUDY TRIP, ENABLING STUDENTS TO LEARN IN SITU. | $108,000 |
PARLANDO INCORPORATED PURPOSE: SUPPORT FOR PARLANDO SCHOOL OF MUSICAL ARTS | $15,000 |
VAIL VALLEY FOUNDATION PURPOSE: SUPPORT OF THE VAIL VALLEY FOUNDATION'S ANNUAL FUND AT THE CORNERSTONE CIRCLE | $100,000 |