Bl Foundation
- Assets
- $117.9k
- Revenue
- $5.9k
- Investments
- $36.7k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 03/1964
- Data as of
- 11/2023
- EIN
- 71-6050951
Organization Overview
Bl Foundation is located in Little Rock, AR. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bl 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 11/2023, Bl Foundation generated $5.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $11.9k during the year ending 11/2023. While expenses have increased by 2.8% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John G Lile III Trustee | 0 | $0 | |
M J Mizell Trustee | 0 | $0 | |
Edwin G Klugh Found. Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,925 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17 |
| Depreciation | $0 |
| Occupancy | $672 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $224 |
| Total operating and administrative expenses | $1,946 |
| Contributions, gifts, grants paid | $9,920 |
| Total expenses and disbursements | $11,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,131 |
| Savings and temporary cash investments | $76,128 |
| 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 | $9,103 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $117,932 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bl Foundation has awarded $9,920 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE 20TH CENTURY CLUB OF LITTLE ROC PURPOSE: THE MISSION OF THE 20TH CENTURY CLUB IS TO PROVIDE NO-COST HOUSING TO MEDICALLY AND FINANCIALLY QUALIFIED PATIENTS RECEIVING CANCER TREATMENT IN CENTRAL ARKANSAS. | $1,000 |
U OF A FOUNDATION PURPOSE: ADVANCEMENT OF EDUCATIONAL ACTIVITIES. | $5,000 |
DARBY'S WARROR SUPPORT PURPOSE: TO PROVIDE PHYSICALLY AND EMOTIONALLY INJURED 9/11 SPECIAL OPERATIONS COMBAT VETERANS WITH ALL-INCLUSIVE ARKANSAS HUNTING AND FISHING OPPORTUNITIES IN AN ENVIRONMENT THAT COMFORTS, ENCOURAGES AND FOSTERS REHABILITATION, RECOVERY AND TRANSITION. | $500 |
NEW LIFE CHURCH PURPOSE: TO REACH OUR FRIENDS WITH THE LIFE-GIVING MESSAGE OF JESUS, TO SEE THEM BECOME FULLY DEVOTED FOLLOWERS OF CHRIST. | $500 |
ARKANSAS STATE GOLF ASSOCIATION PURPOSE: SCHOLARSHIP FUND TO ASSIST DESERVING MALE AND FEMALE HIGH SCHOOL GRADUATES TO ATTEND COLLEGES AND UNIVERSITIES IN ARKANSAS. | $1,000 |
PARKER GILL FOUNDATION PURPOSE: A COMBINATION OF PREVENTION AND RECOVERY EFFORTS TO ENDING OPIOID RELATED OVERDOSE DEATHS IN ARKANSAS. | $320 |