Bezos Family Foundation
- Assets
- $130.7m
- Revenue
- $60.4m
- Investments
- $103.9m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 91-2073258
Organization Overview
Bezos Family Foundation is located in Seattle, WA. The organization was established in 2003. 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. Bezos Family 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, Bezos Family Foundation generated $60.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $86.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
VROOM (SEE ATTACHMENT A)
BEZOS SCHOLARS PROGRAM (SEE ATTACHMENT A)
STUDENTS REBUILD (SEE ATTACHMENT A)
MIND IN THE MAKING (SEE ATTACHMENT A)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miguel A Bezos Director, Vice Pres, Secretary | 5 | $0 | |
Jacklyn G Bezos Director, Chair, President | 1 | $0 | |
Mark S Bezos Director | 1 | $0 | |
Christina Bezos Poore Director | 1 | $0 | |
Jeffrey P Bezos Director | 1 | $0 | |
Mackenzie T Scott Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Perkins Coie Llp | 12/30/21 | $208,510 |
Mccutchen Group | 12/30/21 | $192,527 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,145,037 |
| Interest on Savings | $342,473 |
| Dividends & Interest | $563,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,370,631 |
| Capital Gain Net Income | $18,711,125 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,996,700 |
| Total Revenue | $60,417,966 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $165,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,113,945 |
| Total operating and administrative expenses | $8,687,482 |
| Contributions, gifts, grants paid | $77,603,671 |
| Total expenses and disbursements | $86,291,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,239,589 |
| 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 | $0 |
| Other assets | $10,603,815 |
| Total assets | $130,746,152 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbia Lutheran Charities Astoria, OR | $246,096,987 | $180,771,261 |
M J Murdock Charitable Trust Vancouver, WA | $0 | $110,710,877 |
Bezos Family Foundation Seattle, WA | $130,746,152 | $60,417,966 |
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
Raikes Foundation Seattle, WA | $117,221,519 | $16,360,598 |
Aldarra Foundation Seattle, WA | $1,907,346 | $20,570,824 |
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |