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Nonprofiteer
← BALFOUR BEATTY COMMUNITIES FOUNDATION

Form 990 for tax year 2022

Filed by BALFOUR BEATTY COMMUNITIES FOUNDATION.

Totals

Total revenue
$255,477
Total expenses
$155,516
Contributions and grants received
$297,980
Grants paid
$112,250
Program service revenue
$0
Investment income
$30,322
Other revenue
-$72,825
Total assets, end of year
$2,353,643
Total liabilities, end of year
$109,429
Net assets or fund balances, end of year
$2,244,214
Program services expenses (Part IX)
$112,250
Management and general expenses
$38,798
Fundraising expenses
$4,468
Program service expenses (Part III)
$112,250

Program services were 72.2% 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.

  • 1c · Fundraising events

    $233,595

  • 1f · All other contributions, gifts and grants

    $64,385

  • 1g · Noncash contributions included above

    $1,351

  • 3 · Investment income

    total $71,603 · excluded $71,603

  • 7a · Gross sales of assets other than inventory

    securities $314,795

  • 7b · Less cost or other basis and sales expenses

    securities $356,076

  • 7c · Gain or loss

    securities -$41,281

  • 7d · Net gain or loss

    total -$41,281 · excluded -$41,281

  • 8a · Fundraising events: gross income

    $233,906

  • 8a · Fundraising events: contributions included on line 1c

    $233,595

  • 8b · Fundraising events: direct expenses

    $306,731

  • 8c · Net income from fundraising events

    total -$72,825

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $112,250 · program services $112,250

  • 11b · Fees: legal

    total $853 · management and general $853

  • 11c · Fees: accounting

    total $7,500 · management and general $7,500

  • 12 · Advertising and promotion

    total $4,468 · fundraising $4,468

  • 13 · Office expenses

    total $789 · management and general $789

  • 23 · Insurance

    total $1,228 · management and general $1,228

  • 24a · Other expenses: BANK FEES

    total $23,622 · management and general $23,622

  • 24b · Other expenses: LICENSE & FEES

    total $3,973 · management and general $3,973

  • 24c · Other expenses: CREDIT CARD FEES

    total $833 · management and general $833

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $145,748 · end of year $432,879

  • 2 · Savings and temporary cash investments

    beginning of year $580 · end of year $79,689

  • 4 · Accounts receivable

    beginning of year $45,750 · end of year $42,021

  • 11 · Investments: publicly traded securities

    beginning of year $2,476,567 · end of year $1,799,054

  • 17 · Accounts payable and accrued expenses

    beginning of year $69,620 · end of year $109,429

  • 27 · Net assets without donor restrictions

    beginning of year $2,599,025 · end of year $2,244,214

Mission and programs · 2022

Mission

THE BALFOUR BEATTY COMMUNITIES FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PRINCIPALLY FOCUSES ON SUPPORTING THE POST-SECONDARY EDUCATIONAL GOALS OF RESIDENTS THAT LIVE IN COMMUNITIES AFFILIATED WITH BALFOUR BEATTY COMMUNITIES, LLC. THE FOUNDATION HAS ALSO COMMITTED TO HONORING MILITARY PERSONNEL - ACTIVE, WOUNDED, AND FALLEN - BY SUPPORTING SIMILAR ORGANIZATIONS THAT ASSIST MILITARY SERVICE MEMBERS AND THEIR FAMILIES.

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

    Expenses $112,250 · Grants $112,250

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

  • Leslie Cohn

    DIR., VP & S

    Total calculated
    $0
    Hours/week
    1

  • Gordon Daniels

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Kathleen Grim

    DIR. & VP

    Total calculated
    $0
    Hours/week
    0.3

  • Denise Hubley

    DIR. & VP

    Total calculated
    $0
    Hours/week
    0.3

  • G Scott Rafshoon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Richard Taylor

    DIRECTOR & V

    Total calculated
    $0
    Hours/week
    0.3

  • Christopher Williams

    DIR. & PRESI

    Total calculated
    $0
    Hours/week
    1.4

  • Sarah Bitto

    VP & ASST. T

    Total calculated
    $0
    Hours/week
    0.7

  • Linda Bradley

    VP & TREASUR

    Total calculated
    $0
    Hours/week
    1.6

  • Marina Dikos

    VP

    Total calculated
    $0
    Hours/week
    0.7

  • Teresa Edelman

    VP

    Total calculated
    $0
    Hours/week
    0.2

  • Sharon Marcone

    ASSISTANT SE

    Total calculated
    $0
    Hours/week
    1.4

  • Josh Smith

    VP

    Total calculated
    $0

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
2 November 2023
IRS schema version
2022v5.0
Source object
202313069349302151

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