Skip to content
Nonprofiteer
← BT FOUNDATION INC

Form 990 for tax year 2023

Filed by BT FOUNDATION INC.

Totals

Total revenue
$325,248
Total expenses
$200,000
Contributions and grants received
$323,542
Grants paid
$200,000
Program service revenue
$0
Investment income
$1,706
Other revenue
$0
Total assets, end of year
$223,742
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$223,742
Program services expenses (Part IX)
$200,000
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$200,000

Program services were 100.0% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $323,542

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $1,706 · related or exempt $0 · unrelated business $0 · excluded $1,706

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

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

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $200,000 · program services $200,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $98,494 · end of year $223,742

  • 27 · Net assets without donor restrictions

    beginning of year $98,494 · end of year $223,742

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

The Barnes & Thornburg LLP Racial and Social Justice Foundation Inc. is committed to promoting, advocating, and effecting racial and social justice in our local communities and nationally.

  • The Barnes & Thornburg LLP Racial and Social Justice Foundation Inc., a nonprofit 501(c)(3) organization, was established in 2020 to combat racism and social injustice. Partners and staff of Barnes & Thornburg LLP (approximately 1,000 individuals) contributed funding, which was used to make grants to four 501(c)(3) organizations during 2023. The Barnes & Thornburg LLP Racial and Social Justice Foundation Inc. intends to do more than just make grants. The Foundation will engage in the dozen communities in which Barnes & Thornburg LLP operates and looks for ways to promote dialogue, volunteerism and community spirit through projects that can help improve social justice and racial equality.

    Expenses $200,000 · Grants $200,000

As filed on the 2023 return.

Listed in Part VII

  • Andrew Detherage

    Director

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Robert Grand

    Director

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Roscoe Howard

    Director

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Dawn Rosemond

    Director

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Connie A Lahn

    President

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Allen Baum

    Vice President

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Michael Carrillo

    Secretary

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Steven Merkel

    Treasurer

    Total calculated
    $0
    Hours/week
    1 + 40 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.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2024
IRS schema version
2023v5.0
Source object
202431359349306973

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.