The Bill Bass Foundation
- Assets
- $0.0
- Revenue
- $1.0m
- Investments
- $10.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 61-6314816
Organization Overview
The Bill Bass Foundation is located in Chicago, IL. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Bill Bass 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 12/2021, Bill Bass Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 6 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 2014, Bill Bass Foundation has awarded 503 individual grants totaling $5,482,991. 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 |
|---|---|---|---|
Melinda Jacobson Co-Trustee - Part Time | 0 | $90,000 | |
Marc Schwartz Co-Trustee - Part Time | 0 | $90,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $193 |
| Dividends & Interest | $215,170 |
| Profit on Inventory Sales | $0 |
| Other Income | $39,091 |
| Total Revenue | $1,017,277 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $165,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $322,923 |
| Contributions, gifts, grants paid | $680,000 |
| Total expenses and disbursements | $1,002,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $21,050 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Bill Bass Foundation has awarded $702,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
CHAMPAIGN URBANA BALLET PURPOSE: GENERAL FUNDS | $5,000 |
CHABAD OF CHAMPAIGN URBANA PURPOSE: GENERAL FUNDS | $23,000 |
CHICAGO POLICE MEMORIAL FOUNDATION PURPOSE: GENERAL FUNDS | $15,000 |
CHILDREN'S BRITTLE BONE FOUNDATION PURPOSE: GENERAL FUNDS | $5,000 |
INVEST FOR KIDS INC PURPOSE: GENERAL FUNDS | $5,000 |
JEWISH UNITED FUND OF METROPOLITAN CHICAGO PURPOSE: GENERAL FUNDS | $100,000 |