Bee Foundation
- Assets
- $740.5k
- Revenue
- $342.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Wayne, PA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 47-1133312
Organization Overview
Bee Foundation is located in Wayne, PA. The organization was established in 2014. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. As of 12/2022, Bee Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bee 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, Bee Foundation generated $342.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $216.9k during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BEE FOUNDATION IS DEDICATED TO RAISING AWARENESS OF BRAIN ANEURYSMS AND FUNDING FOR INNOVATIVE RESEARCH THAT CHANGES LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FUND INNOVATIVE PREVENTATIVE BRAIN ANEURYSM RESEARCH SEEKING TO FURTHER THE MISSION AND REDUCE THE NUMBER OF DEATHS CAUSED BY BRAIN ANEURYSMS. THROUGH A COMPETITIVE GRANT PROCESS THE ORGANIZATION FUNDS RESEARCH DIRECTED AT UNDERSTANDING THE EARLY DETECTION, PATHOPHYSIOLOGY, GENETIC PREDISPOSITION AND/OR TREATMENT OF BRAIN ANEURYSMS. CUTTING EDGE RESEARCH FOCUSED ON PREVENTION TAKES PRIORITY. PROPOSALS ARE ACCEPTED FROM A VARIETY OF DISCIPLINES, INCLUDING BUT NOT LIMITED TO TRANSLATIONAL NEUROSCIENCES, NEUROSURGERY, NEUROLOGY, RADIOLOGY, AND GENETICS. THE ORGANIZATION SEEKS TO ENGAGE RESEARCHERS EARLY IN THEIR CAREERS TO ATTRACT TOP TALENT IN THE BRAIN ANEURYSM RESEARCH FIELD AND ACCELERATE THE PACE OF PREVENTITIVE RESEARCH.
TO RAISE FUNDS AND AWARENESS FOR BRAIN ANEURYSMS. EDUCATING THE BROAD PUBLIC ON THE RISKS, SYMPTOMS, AND TREATMENT OF BRAIN ANEURYSMS. INSPIRING THOUSANDS OF INDIVIDUALS ANNUALLY TO DONATE AND FUNDRAISE TO INCREASE AWARENESS AND FUNDS FOR BRAIN ANEURYSM PREVENTATIVE RESEARCH. OUTREACH IS CONDUCTED THROUGH DIGITAL PLATFORMS SUCH AS VIDEO, SOCIAL MEDIA, THE WEBSITE AND EMAIL CAMPAIGNS, AS WELL AS AWARENESS AND FUNDRAISING EVENTS. A NETWORK OF SURVIVORS AND FAMILIES IMPACTED IS NURTURED THROUGH THE "SHARE YOUR STORY" CAMPAIGN TO FOSTER SUPPORT AND STRENGTH AMONG THE MILLIONS IMPACTED EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Kondra President | OfficerTrustee | 10 | $0 |
Erin Kreszl Treasurer | OfficerTrustee | 20 | $25,000 |
Steve Mcilwain Vice President | OfficerTrustee | 1 | $0 |
Dr J Mocco Director | Trustee | 1 | $0 |
Michael Kane Director | Trustee | 1 | $0 |
Alison Sedney Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $335,884 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,884 |
| 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 | $6,762 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $667 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $78,215 |
| Office expenses | $70,869 |
| Information technology | $5,835 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $253 |
| Insurance | $773 |
| All other expenses | $0 |
| Total functional expenses | $216,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $739,099 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $808 |
| 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 | $633 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $740,540 |
| Accounts payable and accrued expenses | $1,213 |
| 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 | $1,213 |
| Net assets without donor restrictions | $739,327 |
| Net assets with donor restrictions | $0 |
| 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 | $740,540 |
Grants Awarded
Over the last fiscal year, Bee Foundation has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WAKE FOREST SCHOOL OF MEDICINE PURPOSE: PIEZO1 MECHANORECEPTOR OVEREXPRESION AND DISREGULATION AS A NOVEL MECHANISM OF INTRACRANIAL ANEURYSM DEVELOPMENT. | $25,000 |
UNIVERSITY OF MIAMI PURPOSE: ENDOVASCULAR COLLECTION OF INTRACRANIAL ENDOTHELIAL CELLS FOR GENE EXPRESSION ANALYSIS. | $25,000 |