Bakala Foundation Usa
- Assets
- $8.3m
- Revenue
- $18.7k
- Investments
- $6.8m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 84-1741277
Organization Overview
Bakala Foundation Usa is located in Greenville, SC. 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. Bakala Foundation USA 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 12/2022, Bakala Foundation USA generated $18.7k in total revenue. All expenses for the organization totaled $3.2m during the year ending 12/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marshall Winn President/director | 5 | $10,000 | |
Iva Baranova Secretary/treasurer/director | 5 | $0 | |
William Keen Director | 1 | $10,000 | |
Eleanor W Nordholm Director | 1 | $10,000 | |
John R Wigington Director | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,362 |
| Dividends & Interest | $0 |
| 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 | $313 |
| Total Revenue | $18,675 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $227,809 |
| Total operating and administrative expenses | $240,409 |
| Contributions, gifts, grants paid | $3,000,000 |
| Total expenses and disbursements | $3,240,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,404 |
| Savings and temporary cash investments | $1,437,103 |
| 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 | $1,681,601 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,273,946 |
| 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 |