Builders Initiative
- Assets
- $0.0
- Revenue
- $86.8m
- Investments
- $1.0b
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-1503941
Organization Overview
Builders Initiative is located in Bentonville, AR. The organization was established in 2017. 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. Builders Initiative 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, Builders Initiative generated $86.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $46.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Builders Initiative has awarded 613 individual grants totaling $149,807,958. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
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 |
|---|---|---|---|
Name Not Listed Director, Co-Chief Officer, Chairman | 10 | $0 | |
Name Not Listed Director, Co-Chief Officer, Chairman | 5 | $0 | |
Name Not Listed Director | 2 | $0 | |
Name Not Listed President | 10 | $0 | |
Name Not Listed Secretary | 5 | $0 | |
Name Not Listed Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Builders Vision Llc | 12/30/22 | $5,871,051 |
Northern Trust | 12/30/22 | $2,066,198 |
Spitfire Strategies Llc | 12/30/22 | $776,261 |
Morgan Lewis & Bockius Llp | 12/30/22 | $113,968 |
Walton Enterprises Llc | 12/30/22 | $129,493 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $47,030,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,225,429 |
| Profit on Inventory Sales | $0 |
| Other Income | $47,170 |
| Total Revenue | $86,761,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $284 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $18,514,818 |
| Contributions, gifts, grants paid | $28,391,344 |
| Total expenses and disbursements | $46,906,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,682 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,028,858,651 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Builders Initiative has awarded $87,986,780 in support to 316 organizations.
| Grant Recipient | Amount |
|---|---|
3ARTS INC PURPOSE: TO LAUNCH AND SUPPORT THE NEXT LEVEL TEACHING ARTIST AWARDS. | $120,000 |
6018NORTH NFP PURPOSE: TO SUPPORT THE JUSTICE HOTEL: EXPANDING THE COLLECTIVE PROGRAMMING. | $50,000 |
A WELL-FED WORLD PURPOSE: REGRANTING TO UNDER-RESOURCED GRASSROOTS ANIMAL ADVOCACY GROUPS LED BY WOMEN, TRANS AND NONBINARY, AND BIPOC LEADERSHIP. | $20,000 |
ACADEMY FOR GLOBAL CITIZENSHIP CHARTER SCHOOL PURPOSE: TO SUPPORT THE PLANT-BASED EATING PROGRAM DEVELOPMENT, IMPLEMENTATION, AND EVALUATION FROM 2022 - 2025 | $400,000 |
ADELANTE CENTER FOR ENTREPRENEURSHIP PURPOSE: TO ADMINISTER AN ACCOUNTING STIPEND PROGRAM AND SMALL BUSINESS ADVISING FOR CREATIVE ENTERPRISES, INCLUDING AND PRIORITIZING SUPPORT FOR HONEYCOMB LOAN PARTICIPATION FUND BORROWERS | $85,000 |
ADVOCATES FOR URBAN AGRICULTURE PURPOSE: TO SUPPORT AUA'S WATER ACCESS SUPPORT PROGRAM | $81,610 |