Give Back Brands Foundation
- Assets
- $224.3k
- Revenue
- $12.7k
- Investments
- $195.0k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2011
- Data as of
- 12/2023
- EIN
- 45-0711341
Organization Overview
Give Back Brands Foundation is located in Wilmington, DE. The organization was established in 2011. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Give Back Brands 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, Give Back Brands Foundation generated $12.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $144.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Give Back Brands Foundation has awarded 72 individual grants totaling $714,417. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BY MAKING GRANTS TO CHARITABLE ORGANIZATIONS, WE SEEK TO EMPOWER CHILDREN THROUGH EDUCATION, TRAINING AND DIVERSE OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING-SEE SCHEDULE I
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arvinder Bajaj Dir, Treas | 1 | $0 | |
Noreen Dodge Dir | 1 | $0 | |
Judy Heise Dir, Sec | 1 | $0 | |
Paul West Chairman, Dir | 1 | $0 | |
Paula West Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $192 |
| Dividends & Interest | $9,107 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,292 |
| Capital Gain Net Income | $3,292 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $131 |
| Total Revenue | $12,722 |
| 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 | $7,045 |
| Total operating and administrative expenses | $9,632 |
| Contributions, gifts, grants paid | $135,000 |
| Total expenses and disbursements | $144,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,275 |
| 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 | $224,277 |
| 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, Give Back Brands Foundation has awarded $135,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ALL HANDS AND HEARTS SMART RESPONSE INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
ACCESS BOOKS PURPOSE: CHARITABLE EVENT | $10,000 |
BENS LIGHTHOUSE INC PURPOSE: CHARITABLE EVENT | $10,000 |
BROOKFIELD CRAFT CENTER INC PURPOSE: CHARITABLE EVENT | $10,000 |
CARMEL BACH FESTIVAL INC PURPOSE: CHARITABLE EVENT | $10,000 |
COMMUNITY MATTERS PURPOSE: CHARITABLE EVENT | $10,000 |