Better Place Foundation
- Assets
- $11.3m
- Revenue
- -$1.9m
- Investments
- $11.0m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 05/1998
- Data as of
- 12/2022
- EIN
- 63-1198327
Organization Overview
Better Place Foundation is located in Birmingham, AL. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Better Place Foundation 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, Better Place Foundation has awarded 308 individual grants totaling $5,300,100. 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 |
|---|---|---|---|
William T Ratliff III Pres/treas/director | 1 | $0 | |
Carl A Lessman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $85 |
| Dividends & Interest | $170,548 |
| Net Rental Income | -$374,078 |
| Net Gain on Sale of Assets | -$931,051 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,158,913 |
| Total Revenue | -$1,899,794 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,365 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $434,864 |
| Total operating and administrative expenses | $766,613 |
| Contributions, gifts, grants paid | $751,600 |
| Total expenses and disbursements | $1,518,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $329,029 |
| 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 | $4,285,211 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,281,878 |
| 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 | $2,820,836 |
| Total liabilities | $2,820,836 |
Grants Awarded
Over the last fiscal year, Better Place Foundation has awarded $751,600 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
CAHABA RIVER SOCIETY PURPOSE: ENVIRONMENTAL | $20,000 |
ALAQUEST COLLABORATIVE FOR EDUCATION PURPOSE: EDUCATIONAL ASSISTANCE | $57,500 |
EKVNV YEFOLECVLKE PURPOSE: SOCIAL/ENVIRONMENTAL | $32,500 |
ECUMENICAL MINISTRIES INC PURPOSE: SOCIAL ASSISTANCE | $20,000 |
COVENANT HOUSE GEORGIA INC PURPOSE: SOCIAL ASSISTANCE | $2,500 |
COMMUNITY FOUNDATION OF GREATER BIRMINGHAM PURPOSE: COMMUNITY SUPPORT | $30,000 |