Bechtel Group Foundation
- Assets
- $22.9m
- Revenue
- $350.8k
- Investments
- $22.9m
- Employees
- 0
- Location
- Glendale, AZ
- Founding
- 10/1959
- Data as of
- 12/2022
- EIN
- 94-6078120
Organization Overview
Bechtel Group Foundation is located in Glendale, AZ. The organization was established in 1959. 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. Bechtel Group 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 12/2022, Bechtel Group Foundation generated $350.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.1%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bechtel Group Foundation has awarded 1,120 individual grants totaling $25,904,493. 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 |
|---|---|---|---|
Bailey Michael C Director | 0.5 | $0 | |
Lang Leeanne M President | 4.4 | $0 | |
Perrou Eldyne S Secretary | 0.5 | $0 | |
Restivo Peggy H Controller | 0.5 | $0 | |
Zaki Jasmine Z Assistant Secretary | 0.5 | $0 | |
Brian A Hartman Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $544,193 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$193,927 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $350,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,985 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111,983 |
| Total operating and administrative expenses | $122,968 |
| Contributions, gifts, grants paid | $2,771,875 |
| Total expenses and disbursements | $2,894,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,179 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $39,574 |
| 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 | $0 |
| Total assets | $22,904,080 |
| 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, Bechtel Group Foundation has awarded $2,771,875 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CALIFORNIA BERKELEY FDTN PURPOSE: EDUCATION | $100 |
ROSEMONT COLLEGE 1 PURPOSE: EDUCATION | $1,000 |
CLARKSON UNIVERSITY 1 PURPOSE: EDUCATION | $200 |
VIRGINIA TECH FOUNDATION INC PURPOSE: EDUCATION | $100 |
IDAHO STATE UNIVERSITY PURPOSE: EDUCATION | $1,000 |
LORAS COLLEGE PURPOSE: EDUCATION | $1,000 |