Bristol Bay Foundation
- Assets
- $35.4m
- Revenue
- $5.0m
- Investments
- $33.8m
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 92-0141709
Organization Overview
Bristol Bay Foundation is located in Anchorage, AK. The organization was established in 1995. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bristol Bay 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, Bristol Bay Foundation generated $5.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bristol Bay Foundation has awarded 2,135 individual grants totaling $5,317,487. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE PRESERVATION, REVITALIZATION, AND EDUCATION OF THE UNIQUE CULTURAL HERITAGE OF THE BRISTOL BAY REGION. THROUGH DEPARTMENT OF EDUCATION GRANT FUNDING, THESE ACTIVITIES AIM TO STRENGTHEN CULTURAL IDENTITY AND COMMUNITY BONDS BY OFFERING COMMUNITY CULTURE CAMPS, TEACHER TRAINING IN CULTURAL COMPETENCY, AND EDUCATIONAL PATHWAYS FOR HIGH SCHOOL STUDENTS AND PARAPROFESSIONALS INTERESTED IN TEACHING CAREERS. THESE INITIATIVES SERVE TO EMPOWER LOCAL COMMUNITIES, ENSURE THE TRANSMISSION OF TRADITIONAL KNOWLEDGE, AND ENRICH THE EDUCATIONAL EXPERIENCE BY INCORPORATING CULTURAL VALUES AND PERSPECTIVES.
TO ENCOURAGE SHAREHOLDERS TO PURSUE EDUCATIONAL OPPORTUNITIES, THE ORGANIZATION ISSUED SCHOLARSHIPS TO 273 STUDENTS IN 2023.
TO PROVIDE ADDITIONAL ASSISTANCE TO STUDENTS EXPERIENCING HARDSHIP IN PURSUING THEIR EDUCATIONAL AMBITIONS. EMERGENCY AID WAS PROVIDED TO 27 STUDENTS IN 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Chythlook President | 2.5 | $0 | |
Daniel Cheyette Vice President | 2 | $0 | |
Andria Agli Secretary | 2 | $0 | |
Patrick E Patterson III Treasurer | 2.5 | $0 | |
Cameron Poindexter Director, October 2023 To Present | 2 | $0 | |
Paul Mcdonogh Director, October 2023 To Present | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ak Humanities Forum | 12/30/23 | $261,113 |
Lake & Penn School | 12/30/23 | $178,586 |
Goldman Sachs & Co Llc | 12/30/23 | $137,777 |
Education Northwest | 12/30/23 | $59,341 |
University Of Alaska | 12/30/23 | $113,081 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,483,970 |
| Interest on Savings | $0 |
| Dividends & Interest | $860,548 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $253,650 |
| Capital Gain Net Income | $253,650 |
| Net ST Capital Gain | $7,462 |
| Income Modifications | $74,325 |
| Profit on Inventory Sales | $0 |
| Other Income | $405,307 |
| Total Revenue | $5,003,475 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $280,118 |
| Other employee salaries and wages | $306,797 |
| Pension plans, employee benefits | $465,092 |
| Interest | $0 |
| Taxes | $67,971 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $112,292 |
| Printing and publications | $0 |
| Other expenses | $304,148 |
| Total operating and administrative expenses | $2,650,475 |
| Contributions, gifts, grants paid | $823,924 |
| Total expenses and disbursements | $3,474,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,772 |
| Savings and temporary cash investments | $1,038,498 |
| Net Accounts receivable | $498,139 |
| 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 | $15,801 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,381,792 |
| Accounts payable and accrued expenses | $30,257 |
| Grants payable | $65,351 |
| Deferred revenue | $30,608 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $90,883 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $130,070 |
| Total liabilities | $347,169 |
Grants Awarded
Over the last fiscal year, Bristol Bay Foundation has awarded $918,877 in support to 281 organizations.
| Grant Recipient | Amount |
|---|---|
BRISTOL BAY HISTORICAL SOCIETY PURPOSE: TO REHOUSE, IDENTIFY, AND CREATE A SYSTEM FOR CULTURAL ARTIFACTS, PICUTRES AND KNOWLEDGE. | $7,850 |
LAKE AND PENINSULA SCHOOL DISTRICT PURPOSE: CHIGNIK LAGOON SCHOOL CULTURAL INTENSIVE WEEK INCLUDING LANGAUGE, DANCE, ART, AND CRAFTS. | $8,000 |
EVERGREEN STATE COLLEGE PURPOSE: TO PROVIDE ALUTIIQ RESIDENTS WHO RESIDE IN THE PACIFIC NORTHWEST CULTURAL INTENSIVE WEEK INCLUDING LANGAUGE, DANCE, ART, AND CRAFTS. | $8,000 |
LAKE AND PENINSULA SCHOOL DISTRICT PURPOSE: CHIGNIK LAKE SCHOOL CULTURAL INTENSIVE WEEK INCLUDING LANGAUGE, DANCE, ART, AND CRAFTS. | $8,000 |
LAKE AND PENINSULA SCHOOL DISTRICT PURPOSE: CULTURALLY RELEVENT ART CLASSES TO PERRYVILLE STUDENTS. | $7,286 |
LAKE AND PENINSULA SCHOOL DISTRICT PURPOSE: CULTURAL ARTS WEEK - BRISTOLD BAY REGION CTE | $8,000 |