Bush Foundation
- Assets
- $1.4b
- Revenue
- $111.6m
- Investments
- $1.3b
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 12/1972
- Data as of
- 12/2022
- EIN
- 41-6017815
Organization Overview
Bush Foundation is located in St Paul, MN. The organization was established in 1972. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bush 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, Bush Foundation generated $111.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $156.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bush Foundation has awarded 818 individual grants totaling $265,334,582. 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 |
|---|---|---|---|
Jennifer Reedy President | 40 | $544,850 | |
Gregory Keane CFO | 40 | $314,900 | |
Morotoluwa Adebiyi Director | 1.5 | $20,000 | |
Kathy Annette Director | 1.5 | $20,000 | |
Jodi Archambault Director | 1.5 | $20,000 | |
Paul Batcheller Director | 1.5 | $20,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 12/30/22 | $1,058,750 |
North Peak | 12/30/22 | $289,411 |
Doran Leadership Partners Llc | 12/30/22 | $281,252 |
Eric White | 12/30/22 | $157,631 |
Solution Builders | 12/30/22 | $183,111 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,328,957 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,235,148 |
| Capital Gain Net Income | $97,738,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$8,575 |
| Total Revenue | $111,555,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,235,249 |
| Other employee salaries and wages | $4,900,820 |
| Pension plans, employee benefits | $997,982 |
| Interest | $2,754,000 |
| Taxes | $1,014,531 |
| Depreciation | $8,468 |
| Occupancy | $306,784 |
| Travel, conferences, and meetings | $160,525 |
| Printing and publications | $82,828 |
| Other expenses | $732,574 |
| Total operating and administrative expenses | $15,735,139 |
| Contributions, gifts, grants paid | $140,369,530 |
| Total expenses and disbursements | $156,104,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,865,316 |
| 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 | $183,345 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,089,139,909 |
| Net Land, buildings, and equipment | $12,173 |
| Other assets | $41,251,148 |
| Total assets | $1,371,910,758 |
| Accounts payable and accrued expenses | $368,918 |
| Grants payable | $55,421,288 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $100,000,000 |
| Other liabilities | $6,264,930 |
| Total liabilities | $162,055,136 |
Grants Awarded
Over the last fiscal year, Bush Foundation has awarded $154,122,855 in support to 194 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVE TWIN CITIES PURPOSE: ACHIEVE TWIN CITIES WILL SPREAD THE IMPLEMENTATION OF STUDENT-CENTERED LEARNING PRACTICES IN HIGH SCHOOLS IN THE SAINT PAUL PUBLIC SCHOOLS DISTRICT THROUGH THEIR ACHIEVEMENT CENTERS AND COLLABORATION WITH SCHOOL STAFF. | $250,000 |
AFRICAN AMERICAN LEADERSHIP FORUM PURPOSE: THIS ECOSYSTEM GRANT PROVIDES GENERAL OPERATING SUPPORT FOR AFRICAN AMERICAN LEADERSHIP FORUM TO HELP ADVANCE ITS CHARITABLE MISSION | $100,000 |
AFRICAN CAREER EDUCATION & RESOURCES INC PURPOSE: THIS GRANT BUILDS ON A PREVIOUS COMMUNITY INNOVATION GRANT AIMED AT ELEVATING THE PROFILE OF MICROBUSINESSES, ACCESSING DATA ON NEEDS AND PRACTICES, AND CREATING A PIPELINE TO RESOURCES AND FUNDING. THIS IMPORTANT WORK IS DEVELOPING AND TESTING AN IDEA THAT HAS THE POTENTIAL TO TRANSFORM THE ECOSYSTEM OF SUPPORT FOR MICROBUSINESSES THAT HAVE NOT RECEIVED ADEQUATE VISIBILITY OR RESOURCES TO DATE.ACER WILL UPLIFT THOSE UNMET NEEDS AND WORK TO IMPROVE THE ABILITY OF PUBLIC AGENCIES TO PROVIDE RAPID RESPONSE TO MICROBUSINESSES IMPACTED BY CRISES. | $100,000 |
AKIPTAN PURPOSE: TO TEST AND SUPPORT AKIPTAN'S AGRICULTURE-LENDING MODEL FOR NATIVE AMERICAN FARMERS AND RANCHERS | $100,000 |
AKIING COMMUNITY DEVELOPMENT CORPORATION PURPOSE: INTERTRIBAL HEMP COOPERATIVE DEVELOPMENT AND DEMONSTRATION PROJECT | $226,200 |
ALL SQUARE PURPOSE: CONTINUE DEVELOPMENT OF LEGAL REVOLUTION, AN INNOVATIVE LEGAL EDUCATION PROGRAM FOR INDIVIDUALS THAT HAVE EXPERIENCED INCARCERATION TO BRING THEIR MISSING AND IMPORTANT PERSPECTIVE TO THE LEGAL FIELD. | $422,000 |