Business & Education As Mission
- Assets
- $1.2m
- Revenue
- $98.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 05/1996
- Data as of
- 06/2021
- EIN
- 52-1930894
Organization Overview
Business & Education As Mission is located in Rockville, MD. The organization was established in 1996. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business & Education As Mission is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Business & Education As Mission has awarded 50 individual grants totaling $1,593,563. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE WAS FORMED TO ESTABLISH AND OPERATE A PRIVATE INSTITUTION OF (SEE SCHEDULE O) HIGHER EDUCATION IN MOSCOW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP A PRIVATE, EDUCATIONAL INSTITUTION IN MOSCOW TO TRAIN YOUNG RUSSIANS FOR FUTURE LEADERSHIP ROLES IN THEIR COUNTRY, WITH AN EMPHASIS ON COMPETENCE, CHARACTER AND CHRISTIAN WORLDVIEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr John A Bernbaum President | 40 | $50,084 | |
Dennis J Kuester Chair | 1 | $0 | |
Richard N Dean Trustee | 1 | $0 | |
Milton Kuyers Treasurer | 1 | $0 | |
Howard A Dahl Trustee | 1 | $0 | |
Sidney J Jansma Jr Vice Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,407 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,290 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,282 |
| Capital Gain Net Income | $47,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,979 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,084 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $5,597 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,230 |
| Travel, conferences, and meetings | $551 |
| Printing and publications | $0 |
| Other expenses | $9,317 |
| Total operating and administrative expenses | $89,599 |
| Contributions, gifts, grants paid | $444,904 |
| Total expenses and disbursements | $534,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,031 |
| Savings and temporary cash investments | $6,111 |
| 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 | $1,636 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $190,949 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,237,535 |
| Accounts payable and accrued expenses | $1,250 |
| 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 | $1,250 |
Grants Awarded
Over the last fiscal year, Business & Education As Mission has awarded $444,904 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Wheaton, IL PURPOSE: SOCIAL ASSISTANCE | $125,000 |
MECS MINISTRIES PURPOSE: RELIGIOUS | $50,000 |
Wenatchee, WA PURPOSE: EDUCATION | $50,000 |
LCC INTERNATIONAL UNIVERSITY PURPOSE: EDUCATION | $50,000 |
RESONATE GLOBAL MISSION PURPOSE: EDUCATION | $37,800 |
THE CHRISTIAN AND MISSIONARY ALLIANCE PURPOSE: SOCIAL ASSISTANCE | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Internet Society Foundation Reston, VA | $123,432,519 | $31,962,554 |
Numbersusa Support Organization Arlington, VA | $5,688,999 | $511,170 |
American Foundation For The University Of British Columbia Washington, DC | $14,042 | $1,220,455 |
American Friends Of United For Global Mental Health New Castle Country, DE | $22,612 | $1,000,000 |
American Friends Of Bait Shmaya School Inc Baltimore, MD | $688,051 | $905,183 |
American Friends Of New College Ltd Malvern, PA | $2,318,301 | $539,037 |
Baja Nonprofit Woodbridge, VA | $1,840,960 | $2,511,494 |
Girl Determined Waynesboro, VA | $2,052,312 | $965,107 |
North American Regional Committee For St Georges College Inc Alexandria, VA | $2,204,845 | $1,691,147 |
Children Of God Relief Fund Inc Washington, DC | $3,612,231 | $658,540 |
Partners Of The Americas Foundation Washington, DC | $807,288 | $20,798 |
Business & Education As Mission Rockville, MD | $1,237,535 | $97,979 |