Belin Foundation
- Assets
- $9.0m
- Revenue
- $6.4m
- Investments
- $8.4m
- Employees
- 0
- Location
- Richmond, TX
- Founding
- 07/1986
- Data as of
- 10/2023
- EIN
- 76-0163560
Organization Overview
Belin Foundation is located in Richmond, TX. The organization was established in 1986. 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. Belin 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 10/2023, Belin Foundation generated $6.4m in total revenue. All expenses for the organization totaled $332.7k during the year ending 10/2023. While expenses have increased by 56.1% per year over the past 5 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 2020, Belin Foundation has awarded 26 individual grants totaling $528,392. 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 |
|---|---|---|---|
Laurie Mahlmann President | 0.3 | $0 | |
Chad Mahlmann Vice President, Secretary, Treasurer | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,119,407 |
| Interest on Savings | $0 |
| Dividends & Interest | $288,488 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,574 |
| Capital Gain Net Income | $9,574 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,417,469 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | -$431 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $44,559 |
| Contributions, gifts, grants paid | $288,123 |
| Total expenses and disbursements | $332,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,485 |
| Savings and temporary cash investments | $173,298 |
| 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 | $4,374 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,973,704 |
| 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, Belin Foundation has awarded $288,123 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSTON CHRISTIAN UNIVERSITY PURPOSE: THE GUILD GRADUATE EDUCATION SCHOLARSHIP | $43,788 |
LIVING WATER INTERNATIONAL PURPOSE: TO HELP COMMUNITIES AROUND THE WORLD OVERCOME CHALLENGES WITH THE STEADFAST HOPE THAT COMES FROM RECEIVING WATER, FOR LIFE, IN JESUS'S NAME. | $38,788 |
THE BROOKWOOD COMMUNITY PURPOSE: TO PROVIDE MEANING AND PURPOSE FOR ADULTS WITH DISABILITIES AND ENRICHING THE LIVES OF OUR CITIZENS. | $38,788 |
MISSION CENTERS OF HOUSTON PURPOSE: TO PROVIDE FOR THE PHYSICAL AND SPIRITUAL NEEDS OF PEOPLE LIVING IN THE INNER CITY OF HOUSTON | $19,183 |
THE WOMEN'S RESOURCE CENTER OF GREATER HOUSTON PURPOSE: RISE PROGRAM FOR TEEN GIRLS | $10,000 |
STAR OF HOPE PURPOSE: TO MAKE A DIFFERENCE IN THE LIVES OF THOSE WHO ARE HUNGRY AND HOMELESS IN THE HOUSTON AREA | $10,000 |