Bishop Family Legacy Foundation
- Assets
- $1.3m
- Revenue
- $64.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 06/2008
- Data as of
- 12/2023
- EIN
- 91-6576035
Organization Overview
Bishop Family Legacy Foundation is located in Bellevue, WA. The organization was established in 2008. 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. Bishop Family Legacy 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, Bishop Family Legacy Foundation generated $64.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $178.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bishop Family Legacy Foundation has awarded 161 individual grants totaling $751,550. 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 |
|---|---|---|---|
Robert D Bishop Trustee | 0.25 | $0 | |
Alice V Bishop Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,110 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,047 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,778 |
| Capital Gain Net Income | $10,778 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,169 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $16,497 |
| Contributions, gifts, grants paid | $162,000 |
| Total expenses and disbursements | $178,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,598 |
| 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 | $1,283,072 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,300,670 |
| 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, Bishop Family Legacy Foundation has awarded $162,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE OF EDUCATION PURPOSE: CHARITABLE OPERATIONS | $3,500 |
ALZHEIMER'S ASSOCIATION PURPOSE: CHARITABLE OPERATIONS | $2,000 |
CHOICES PURPOSE: CHARITABLE OPERATIONS | $2,500 |
FRED HUTCHINSON CANCER RESEARCH PURPOSE: CHARITABLE OPERATIONS | $30,000 |
DUKE UNIVERSITY PURPOSE: CHARITABLE OPERATIONS | $1,000 |
GLOBAL LYME ALLIANCE INC PURPOSE: CHARITABLE OPERATIONS | $2,000 |