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Nonprofiteer
← BEST BUY FOUNDATION

Form 990-PF for tax year 2023

Filed by BEST BUY FOUNDATION.

Totals

Total revenue
$22,277,118
Total expenses
$19,794,606
Contributions and grants received
$19,416,064
Contributions, gifts and grants paid
$13,458,232
Fair market value of assets, end of year
$60,966,711

Listed in Part VIII

  • See Attached Statement 4A

    President

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$13,458,232
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$13,458,232
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the accrual method, under which a grant is recorded when the foundation commits to it rather than when it pays, so the books total need not agree with the cash figures in this section: a grant promised one year and paid in another is counted in different years.

  • See Attached Statement 3A

    $13,458,232

    Richfield, MN

    Supporting communitiies

Provenance

Return type
form_990_pf
Tax year
2023
Filed
11 December 2024
IRS schema version
2023v5.1
Source object
202433479349100703

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