B3 Foundation
- Assets
- $13.0m
- Revenue
- $525.1k
- Investments
- $10.2m
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- Data as of
- 12/2023
- EIN
- 85-6316539
Organization Overview
B3 Foundation is located in Overland Park, KS. 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. B3 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, B3 Foundation generated $525.1k 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 (35.3%) each year.
Since 2021, B3 Foundation has awarded 12 individual grants totaling $1,688,190. 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 |
|---|---|---|---|
Bradley S Berger Trustee | 1 | $0 | |
Elizabeth A Berger Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $433,766 |
| Dividends & Interest | $139,857 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$50,513 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,026 |
| Total Revenue | $525,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,583 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,340 |
| Contributions, gifts, grants paid | $610,978 |
| Total expenses and disbursements | $626,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,836,769 |
| 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 | $875,095 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,016,432 |
| 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, B3 Foundation has awarded $610,978 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD ALLERGY RESEARCH & EDUCATION AKA FARE PURPOSE: GENERAL OPERATIONS AND SUPPORT | $250,316 |
HAPPYBOTTOMS PURPOSE: GENERAL OPERATIONS AND SUPPORT | $10,000 |
KANSAS UNIVERSITY PURPOSE: GENERAL OPERATIONS AND SUPPORT | $50,030 |
STAND TOGETHER PURPOSE: GENERAL OPERATIONS AND SUPPORT | $100,316 |
VETERANS COMMUNITY PROJECT PURPOSE: GENERAL OPERATIONS AND SUPPORT | $200,316 |