Three Bears Gift Shop
- Assets
- $979.2k
- Revenue
- $993.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Richmond, VA
- Founding
- 02/1977
- Data as of
- 04/2023
- EIN
- 54-0990333
Organization Overview
Three Bears Gift Shop is located in Richmond, VA. The organization was established in 1977. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 04/2023, Three Bears Gift Shop employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Bears Gift Shop 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 04/2023, Three Bears Gift Shop generated $993.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.1m during the year ending 04/2023. While expenses have increased by 0.7% 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.
Since 2016, Three Bears Gift Shop has awarded 40 individual grants totaling $3,749,773. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES OF THE MCV HOSPITALS AUXILIARY OF VCUHS ARE TO--1)PROVIDE SUPPORT FOR THE PATIENTS, FAMILIES AND STAFF AT VCUHS THROUGH SERVICE, GRANT FUNDING AND SPECIAL ACTIVITIES AND 2)PROVIDE AN INVITING AND SUPPORTIVE ENVIRONMENT TO ENCOURAGE VOLUNTEERS IN THEIR SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AUXILIARY MADE GRANTS TOTALING $482,971 TO MCV FOUNDATION TO SUPPORT VARIOUS DEPARTMENTS WITHIN THE VCU HEALTH SYSTEM (VCUHS)WITH EQUIPMENT AND/OR PROGRAMS NOT FUNDED THROUGH THE DEPARTMENTS' BUDGETS. VCUHS IS A NOT-FOR-PROFIT TEACHING HOSPITAL WHICH, AMONG OTHER ACTIVITIES, PROVIDES SUBSTANTIAL CHARITABLE HEALTH CARE TO THE RICHMOND COMMUNITY. THE AUXILIARY ORGANIZES AND PROVIDES VOLUNTEERS TO THE HOSPITAL TO ASSIST AS NEEDED.
THE AUXILIARY MADE A GRANT OF $100,000 TO CHILDREN'S HOSPITAL FOUNDATION TO PROVIDE FINANCIAL SUPPORT TO THE CHILDREN'S HOSPITAL OF RICHMOND (CHOR) WITH EQUIPMENT AND/OR PROGRAMS NOT FUNDED THROUGH THE DEPARTMENTS' BUDGETS. CHOR IS A NOT-FOR-PROFIT HOSPITAL WHICH, AMONG OTHER ACTIVITIES, PROVIDES SUBSTANTIAL CHARITABLE HEALTH CARE TO THE RICHMOND COMMUNITY.
THE AUXILIARY MADE GRANTS AND GIFTS OF $50,000 TO THE DOORWAYS, A 501(C)(3) ORGANIZATION. FOUNDED BY THE MCV HOSPITALS AUXILIARY IN 1984, THE DOORWAYS IS AN INDEPENDENT CHARITABLE NONPROFIT ORGANIZATION WHOSE MISSION IS TO PROVIDE LODGING AND NON-MEDICAL SERVICES FOR FAMILIES OF PATIENTS WHO NEED A SAFE, COMFORTABLE PLACE WHILE A FAMILY MEMBER IS HOSPITALIZED OR RECEIVING OUTPATIENT CARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yong Chae Director | Trustee | 1 | $0 |
Joann Burton Third VP | OfficerTrustee | 6 | $0 |
Stacy Brinkley Director | Trustee | 1 | $0 |
Mary Gill Director | Trustee | 1 | $0 |
Terry Bullock Member At Large | Trustee | 1 | $0 |
Ann Carter Rec Secretary | OfficerTrustee | 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 | $340,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $340,006 |
| Total Program Service Revenue | $0 |
| Investment income | $789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,665 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $602,667 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $993,491 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $636,563 |
| 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 | $164,419 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,578 |
| Fees for services: Management | $191,851 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,478 |
| Advertising and promotion | $0 |
| Office expenses | $135 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,679 |
| Travel | $6,375 |
| 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 | $167 |
| Insurance | $7,395 |
| All other expenses | $153 |
| Total functional expenses | $1,082,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,603 |
| Savings and temporary cash investments | $350,682 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $320,624 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $979,157 |
| Accounts payable and accrued expenses | $12,052 |
| 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 | $1 |
| Total liabilities | $12,053 |
| Net assets without donor restrictions | $0 |
| 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 | $967,104 |
| Total liabilities and net assets/fund balances | $979,157 |
Grants Awarded
Over the last fiscal year, Three Bears Gift Shop has awarded $632,971 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDRENS HOSPITAL FOUNDATION PURPOSE: ASSIST CHILDRENS HOSPITAL PROG | $100,000 |
MCV FOUNDATION PURPOSE: ASSIST HOSPITAL PROGRAMS & DEPARTMENTS | $482,971 |
THE DOORWAYS PURPOSE: ASSIST WITH HOUSING PROGRAM | $50,000 |