Bristol Bay Native Corporation Education Foundation
- Assets
- $34.2m
- Revenue
- $3.5m
- Investments
- $33.1m
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 09/1995
- Data as of
- 12/2021
- EIN
- 92-0141709
Organization Overview
Bristol Bay Native Corporation Education 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 Native Corporation Education 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, Bristol Bay Native Corporation Education Foundation generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bristol Bay Native Corporation Education Foundation has awarded 1,854 individual grants totaling $4,398,610. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT FOR AND ENCOURAGE SHAREHOLDERS TO PURSUE EDUCATIONAL OPPORTUNITIES AND TO PROMOTE AND PRESERVE CULTURAL HERITAGE. IN 2021 THE ORGANIZATION PROVIDED SCHOLARSHIPS TO 211 STUDENTS AND 15 GRANTS FOR CULTURAL HERITAGE, PLACE NAMES, AND PARTNERSHIP ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aleesha Towns-Bain Executive Director | 40 | $203,448 | |
Angela Peacock Program Manager | 40 | $99,812 | |
Kay Larson-Blair Cultural Heritage Pr | 40 | $97,394 | |
Irene Fritze Office Administrator | 40 | $57,842 | |
Megan Johnson Program Assistant | 40 | $50,118 | |
Marie Paul President | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,300,253 |
| Interest on Savings | $0 |
| Dividends & Interest | $911,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,284,148 |
| Capital Gain Net Income | $1,284,148 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $39,489 |
| Total Revenue | $3,535,334 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $203,448 |
| Other employee salaries and wages | $311,447 |
| Pension plans, employee benefits | $150,881 |
| Interest | $0 |
| Taxes | $17,551 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,599 |
| Printing and publications | $0 |
| Other expenses | $238,420 |
| Total operating and administrative expenses | $1,082,309 |
| Contributions, gifts, grants paid | $785,709 |
| Total expenses and disbursements | $1,868,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,251 |
| Savings and temporary cash investments | $772,631 |
| 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 | $119,424 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,159,114 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,167,034 |
| Accounts payable and accrued expenses | $519 |
| Grants payable | $0 |
| Deferred revenue | $5,990 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $175,194 |
| Total liabilities | $181,703 |
Grants Awarded
Over the last fiscal year, Bristol Bay Native Corporation Education Foundation has awarded $782,283 in support to 245 organizations.
| Grant Recipient | Amount |
|---|---|
DILLINGHAM CITY SCHOOL PURPOSE: CULTURAL HERITAGE | $10,000 |
SW REG SCHOOL-TOGIAK PURPOSE: CULTURAL HERITAGE | $10,000 |
SOPHIA SORENSEN PURPOSE: SCHOLARSHIP | $8,250 |
RACHEL RICHARDSON PURPOSE: SCHOLARSHIP | $8,000 |
MARIAH DRAY PURPOSE: SCHOLARSHIP | $7,500 |
KATERA SEYBERT PURPOSE: SCHOLARSHIP | $6,750 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Bristol Bay Native Corporation Education Foundation has recieved totaling $59,960.
| Awarding Organization | Amount |
|---|---|
Bristol Bay Regional Seafood Development Association Anchorage, AK PURPOSE: SEATTLE ARENA PARTNERSHIP | $50,000 |
Rasmuson Foundation Anchorage, AK PURPOSE: GENERAL SUPPORT | $8,960 |
Rasmuson Foundation Anchorage, AK PURPOSE: RYAN YORK CHALLENGE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Imagine Housing Bellevue, WA | $36,549,729 | $6,141,559 |
Methow Conservancy Winthrop, WA | $9,253,346 | $3,989,243 |
Prince William Sound Science & Technology Institute Cordova, AK | $5,032,306 | $5,215,853 |
Washington School Principals Education Foundation Olympia, WA | $3,806,906 | $3,536,582 |
Jefferson Community Counseling Center Port Townsend, WA | $5,278,347 | $5,449,452 |
Kitsap Residences Port Orchard, WA | $1,679,971 | $3,557,109 |
Bristol Bay Native Corporation Education Foundation Anchorage, AK | $34,167,034 | $3,535,334 |
Our Place Community Outreach Spokane, WA | $1,334,118 | $1,872,546 |
Stronger Families Bellevue, WA | $2,206,796 | $1,568,710 |
Homes First Lacey, WA | $9,105,012 | $1,390,507 |
Foundation For Edmonds School District Lynnwood, WA | $1,836,607 | $1,370,232 |
Mariners Care Seattle, WA | $675,995 | $57,883 |