Skip to content
Nonprofiteer
← BPI FOUNDATION

Form 990 for tax year 2022

Filed by BPI FOUNDATION.

Totals

Total revenue
$26,222
Total expenses
$30,547
Contributions and grants received
$0
Grants paid
$21,000
Program service revenue
$0
Investment income
$26,222
Other revenue
$0
Total assets, end of year
$464,285
Total liabilities, end of year
$11,000
Net assets or fund balances, end of year
$453,285
Program services expenses (Part IX)
$21,000
Management and general expenses
$9,547
Fundraising expenses
$0
Program service expenses (Part III)
$21,000

Program services were 68.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $26,222 · excluded $26,222

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $21,000 · program services $21,000

  • 11c · Fees: accounting

    total $1,800 · management and general $1,800

  • 24a · Other expenses: Bank fees

    total $7,747 · management and general $7,747

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $49,465 · end of year $51,935

  • 11 · Investments: publicly traded securities

    beginning of year $665,371 · end of year $412,350

  • 17 · Accounts payable and accrued expenses

    beginning of year $235,352 · end of year $11,000

  • 27 · Net assets without donor restrictions

    beginning of year $479,484 · end of year $453,285

Mission and programs · 2022

Mission

The BPI Foundation is committed to charitable and education initiatives aimed at improving access to financial services and providing academic scholarship concerning sound financial regulation.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $21,000 · Grants $21,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Greg Baer

    President

    Total calculated
    $3,186,375
    From this org
    $0
    From related orgs
    $3,128,893
    Other
    $57,482
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $649,039 related
    Bonus
    $0 + $2,470,000 related
    Other
    $0 + $9,854 related
    Deferred
    $0 + $20,500 related
    Nontaxable benefits
    $0 + $36,982 related
    Filer's total
    $0 + $3,186,375 related

  • Kate Childress

    Director

    Total calculated
    $1,109,848
    From this org
    $0
    From related orgs
    $1,081,884
    Other
    $27,964
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $650,362 related
    Bonus
    $0 + $428,000 related
    Other
    $0 + $3,522 related
    Deferred
    $0 + $27,000 related
    Nontaxable benefits
    $0 + $964 related
    Filer's total
    $0 + $1,109,848 related

  • William Nelson

    Director

    Total calculated
    $998,106
    From this org
    $0
    From related orgs
    $965,085
    Other
    $33,021
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $453,766 related
    Bonus
    $0 + $506,000 related
    Other
    $0 + $5,319 related
    Deferred
    $0 + $27,000 related
    Nontaxable benefits
    $0 + $6,021 related
    Filer's total
    $0 + $998,106 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
6 October 2023
IRS schema version
2022v5.0
Source object
202312799349300431

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.