Bia Echo Foundation
- Assets
- $26.4m
- Revenue
- $25.8m
- Investments
- $26.0m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-3983572
Organization Overview
Bia Echo Foundation is located in Reno, NV. The organization was established in 2019. 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. Bia Echo 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 12/2021, Bia Echo Foundation generated $25.8m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $18.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bia Echo Foundation has awarded 12 individual grants totaling $36,973,111. 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
PRODUCTION OF A DOCUMENTARY CURRENTLY TITLED "UNTITLED SOIL AND JUSTICE DOCUMENTARY"
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Hall Treasurer | 1 | $5,000 | |
Chloe Cockburn Director | 40 | $0 | |
Nicole Shanahan President | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Seiler Llp | 12/30/20 | $104,700 |
Davis Wright Tremaine Llp | 12/30/20 | $84,811 |
Davis Wright Tremaine Llp | 12/30/20 | $0 |
Capgemini America Inc | 12/30/20 | $102,800 |
Seiler Llp | 12/30/20 | $0 |
Capgemini America Inc | 12/30/20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,393,325 |
| Interest on Savings | $0 |
| Dividends & Interest | $220,258 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $185,394 |
| Capital Gain Net Income | $25,554,839 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,798,977 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $510,000 |
| Depreciation | $1,414 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111,672 |
| Total operating and administrative expenses | $739,417 |
| Contributions, gifts, grants paid | $17,362,801 |
| Total expenses and disbursements | $18,102,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,562 |
| Savings and temporary cash investments | $164,818 |
| 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 | $0 |
| Net Land, buildings, and equipment | $871 |
| Other assets | $124,744 |
| Total assets | $26,357,504 |
| Accounts payable and accrued expenses | $38,138 |
| Grants payable | $406,667 |
| 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 | $444,805 |
Grants Awarded
Over the last fiscal year, Bia Echo Foundation has awarded $22,530,551 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VANGUARD CHARITABLE DONOR ADVISED FUND PURPOSE: UNRESTRICTED | $14,000,000 |
Novato, CA PURPOSE: HEALTHY AND LIVABLE PLANET | $5,000,000 |
New York, NY PURPOSE: REPRODUCTIVE LONGEVITY AND EQUAL | $2,000,000 |
San Francisco, CA PURPOSE: UNRESTRICTED | $1,000,000 |
Ames, IA PURPOSE: HEALTHY AND LIVABLE PLANET | $380,551 |
Washington, DC PURPOSE: REPRODUCTIVE LONGEVITY & EQUAL | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |
Reed Family Giving Palo Alto, CA | $0 | $1,785,630 |
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Perenchio Foundation Pasadena, CA | $23,143,013 | $16,139,490 |
Elbridge Stuart Foundation San Francisco, CA | $0 | $50,927,983 |
Chamberlin Family Foundation Richmond, CA | $3,805,906 | $611,005 |
May And Stanley Smith Charitable Trust Corte Madera, CA | $490,127,774 | $29,599,485 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Cyrus Tang Foundation Las Vegas, NV | $882,448,132 | $23,435,848 |
Scully Memorial Foundation San Rafael, CA | $838,174,417 | $32,779,151 |
Kate B Reynolds Charitable Trust Las Vegas, NV | $458,547,474 | $24,205,244 |