Ab Inbev Foundation
- Assets
- $16.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2017
- Data as of
- 12/2023
- EIN
- 81-4076204
Organization Overview
Ab Inbev Foundation is located in New York, NY. The organization was established in 2017. 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. Ab Inbev 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 12/2023, Ab Inbev Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $15.6m during the year ending 12/2023. 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
OUTREACH-SUPPORT RELATED TO EXTERNAL COMMUNICATIONS AND STAKEHOLDER ENGAGEMENT FOR THE FOUNDATION, INCLUDING DEVELOPMENT OF CONTENT FOR THE WEBSITE AND OTHER EARNED MEDIA, MATERIALS FOR LOCAL CITY PILOT COMMUNICATIONS ACTIVITIES, AND PUBLICATIONS AND EVENTS ASSOCIATED WITH FOUNDATION-FUNDED ACTIVITIES.
IMPACT EVALUATION-SUPPORT FOR A THIRD-PARTY CONTRACTOR TO CONDUCT A POPULATION-BASED EVALUATION AND PROCESS EVALUATION OF THE CITY PILOT INTERVENTIONS ACROSS SIX GLOBAL CITIES.
IMPACT CITY PILOT PROGRAM-IMPACT EVALUATION- SUPPORT FOR ALL PUBLIC HEALTH INTERVENTIONS IN THE AREAS OF ROAD SAFETY, YOUTH PREVENTION, HEAVY EPISODIC DRINKING, AND GENDER-BASED VIOLENCE ACROSS SIX GLOBAL CITIES (JOHANNESBURG, SOUTH AFRICA; BRASILIA, BRAZIL; ZACATECAS, MEXICO; COLUMBUS, OHIO; JIANGSHAN, CHINA; AND LEUVEN, BELGIUM).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Barrett Director | 2 | $0 | |
Angela Sanchez Treasurer | 2 | $0 | |
Samuel Stephens President & CEO | 40 | $300,000 | |
Cata Garcia Director | 2 | $0 | |
John Blood Director | 2 | $0 | |
Andres Penate Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hbsainc | 12/30/23 | $568,000 |
Light-it | 12/30/23 | $543,206 |
Marcum Llp | 12/30/23 | $96,970 |
Pomeroy Law Group Llc | 12/30/23 | $54,061 |
Falconi Consultants For Results Corp | 12/30/23 | $734,326 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $583,825 |
| Interest on Savings | $0 |
| Dividends & Interest | $78,597 |
| 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 | $393,098 |
| Total Revenue | $1,055,520 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300,000 |
| Other employee salaries and wages | $553,017 |
| Pension plans, employee benefits | $216,503 |
| Interest | $0 |
| Taxes | $750 |
| Depreciation | $0 |
| Occupancy | $40,675 |
| Travel, conferences, and meetings | $111,953 |
| Printing and publications | $0 |
| Other expenses | $13,324,081 |
| Total operating and administrative expenses | $15,649,835 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $15,649,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,028,345 |
| Savings and temporary cash investments | $2,536,222 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $11,246,011 |
| 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 | $25,739 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,250 |
| Total assets | $16,842,567 |
| Accounts payable and accrued expenses | $691,297 |
| 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 | $691,297 |
Grants Awarded
Over the last fiscal year, Ab Inbev Foundation has awarded $151,995 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE OHIO STATE UNIVERSITY PURPOSE: ALCOHOL HARM PREVENTION | $41,995 |
ROTAIRAN ACTION GROUP-BELGIUM PURPOSE: ALCOHOL HARM PREVENTION | $5,000 |
GEORGETOWN UNIVERSITY PURPOSE: ALCOHOL HARM PREVENTION | $105,000 |