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Nonprofiteer
← BANFIELD FOUNDATION

Form 990 for tax year 2023

Filed by BANFIELD FOUNDATION.

Totals

Total revenue
$4,101,056
Total expenses
$4,470,214
Contributions and grants received
$3,640,722
Grants paid
$3,364,901
Program service revenue
$253,000
Investment income
$152,062
Other revenue
$55,272
Total assets, end of year
$7,851,581
Total liabilities, end of year
$738,277
Net assets or fund balances, end of year
$7,113,304
Program services expenses (Part IX)
$4,100,648
Management and general expenses
$223,657
Fundraising expenses
$145,909
Program service expenses (Part III)
$4,100,648

Program services were 91.7% 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.

  • 1d · Related organizations

    $436,601

  • 1f · All other contributions, gifts and grants

    $3,204,121

  • 1g · Noncash contributions included above

    $172,174

  • 2a · Program service revenue: PROGRAM FEES

    total $253,000 · related or exempt $253,000

  • 3 · Investment income

    total $152,062 · excluded $152,062

  • 11a · Other revenue: REFUND OF GRANT

    total $55,272 · related or exempt $55,272

  • 11e · Other revenue, total

    $55,272

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,031,292 · program services $3,031,292

  • 2 · Grants to domestic individuals

    total $333,609 · program services $333,609

  • 5 · Compensation of officers, directors and key employees

    total $345,162 · program services $230,448 · management and general $94,410 · fundraising $20,304

  • 7 · Other salaries and wages

    total $387,000 · program services $311,272 · management and general $28,773 · fundraising $46,955

  • 8 · Pension plan contributions

    total $10,215 · program services $8,405 · management and general $488 · fundraising $1,322

  • 9 · Other employee benefits

    total $39,984 · program services $33,572 · management and general $817 · fundraising $5,595

  • 10 · Payroll taxes

    total $55,176 · program services $41,165 · management and general $8,779 · fundraising $5,232

  • 11b · Fees: legal

    total $4,300 · fundraising $4,300

  • 11c · Fees: accounting

    total $14,482 · management and general $14,482

  • 11g · Fees: other

    total $41,273 · program services $38,959 · fundraising $2,314

  • 13 · Office expenses

    total $46,988 · program services $11,318 · management and general $1,451 · fundraising $34,219

  • 14 · Information technology

    total $81,915 · program services $17,364 · management and general $58,394 · fundraising $6,157

  • 17 · Travel

    total $35,973 · program services $34,163 · fundraising $1,810

  • 19 · Conferences, conventions and meetings

    total $9,706 · program services $3,158 · management and general $6,548

  • 22 · Depreciation, depletion and amortization

    total $448 · program services $448

  • 23 · Insurance

    total $8,724 · program services $3,490 · management and general $2,636 · fundraising $2,598

  • 24a · Other expenses: TAXES & LICENSES & FEES

    total $12,459 · program services $471 · management and general $1,553 · fundraising $10,435

  • 24b · Other expenses: BANK & CREDIT CARD FEES

    total $5,584 · management and general $2,177 · fundraising $3,407

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $3,347 · program services $1,514 · management and general $572 · fundraising $1,261

  • 24d · Other expenses: OTHER

    total $2,577 · management and general $2,577

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $150,516 · end of year $298,409

  • 2 · Savings and temporary cash investments

    beginning of year $6,071,641 · end of year $6,353,255

  • 3 · Pledges and grants receivable

    beginning of year $1,602,134 · end of year $1,095,818

  • 4 · Accounts receivable

    beginning of year $116,828 · end of year $51,244

  • 9 · Prepaid expenses and deferred charges

    beginning of year $36,279 · end of year $52,061

  • 10a · Land, buildings and equipment: cost or other basis

    $2,737

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,943

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $794

  • 17 · Accounts payable and accrued expenses

    beginning of year $122,813 · end of year $182,454

  • 18 · Grants payable

    beginning of year $372,123 · end of year $555,823

  • 27 · Net assets without donor restrictions

    beginning of year $6,385,910 · end of year $6,350,353

  • 28 · Net assets with donor restrictions

    beginning of year $1,096,552 · end of year $762,951

Mission and programs · 2023

Mission

BANFIELD FOUNDATION IS COMMITTED TO IMPROVING THE WELL-BEING OF PETS & COMMUNITIES BY ELEVATING THE POWER OF THE PET-HUMAN BOND; STRENGTHENING THE PET WELFARE COMMUNITY; PROVIDING DISASTER RELIEF FOR PETS AND ADVANCING THE SCIENCE OF VETERINARY MEDICINE.

Activities or mission (Part I)

TO IMPROVING THE WELL-BEING OF PETS AND COMMUNITIES.

  • DISASTER RELIEF GRANTS: PROVIDING FINANCIAL SUPPORT TO NONPROFIT ANIMAL ORGANIZATIONS AND/OR LOCAL OR STATE GOVERNMENTS OF WHICH THEIR COMMUNITIES HAVE SUFFERED THE IMPACT OF NATURAL OR OTHER DISASTERS.CARE KNOWS NO BOUNDARIES GRANTS: ENABLING MARS VETERINARIANS AND CERTIFIED VETERINARY TECHNICIANS TO REMOVE THE BARRIERS THAT KEEP PETS FROM RECEIVING MUCH NEEDED CARE BY ASSISTING WITH TRAVEL EXPENSES TO ENABLE GLOBAL VOLUNTEER WORK. CONTINUED ON SCHEDULED O.PREVENTIVE CARE: TOGETHER WE PARTNER WITH NONPROFIT ORGANIZATIONS TO PROVIDE FREE OR LOW-COST COMPREHENSIVE PREVENTIVE CARE FOR THE PETS BELONGING TO UNDERSERVED AND UNDER-RESOURCED PET OWNERS INCLUDING LOW-INCOME, ELDERLY, HOMELESS OR OTHERWISE DISADVANTAGED.COMMUNITY CARE GRANTS: PROVIDING FINANCIAL SUPPORT TO NONPROFIT ORGANIZATIONS TO FUND VETERINARY CARE PROGRAMS FOR PET OWNERS WHO MEET ESTABLISHED FINANCIAL QUALIFICATIONS.WELLNESS PLANS: PROVIDING ANNUAL PREVENTIVE CARE PLANS FOR QUALIFYING PET OWNERS IN FINANCIAL NEED.HOPE FUNDS: PROVIDING FINANCIAL ASSISTANCE FOR INCOME-QUALIFIED PET OWNERS WHOSE PET IS SUFFERING FROM AN IMMEDIATELY LIFE-THREATENING CONDITION.VETERINARY MEDICAL EQUIPMENT GRANTS: PROVIDING FINANCIAL SUPPORT TO NONPROFIT ORGANIZATIONS TO PURCHASE VETERINARY MEDICAL EQUIPMENT FOR ON-SITE ANIMAL SHELTER VETERINARY CLINICS, LOW-COST VETERINARY PRACTICES, MOBILE VETERINARY UNITS, AND DISASTER RELIEF VEHICLES.

    Expenses $4,100,648 · Grants $3,364,901 · Revenue $308,272

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jam Stewart

    BOARD PRESIDENT & CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Brent Mayabb

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Hannah Peters

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Julia Georgesen DVM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alea Harrison DVM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Julie Lawless

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Helen Mills

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Charlotte Rossetter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Stockmon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kim Van Syoc

    EXECUTIVE DIRECTOR

    Total calculated
    $203,048
    From this org
    $193,763
    From related orgs
    $0
    Other
    $9,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,887
    Bonus
    $37,876
    Other
    $0
    Deferred
    $7,845
    Nontaxable benefits
    $1,440
    Filer's total
    $203,048

  • Alison Benninger

    DIRECTOR OF FINANCE

    Total calculated
    $142,114
    From this org
    $118,851
    From related orgs
    $0
    Other
    $23,263
    Hours/week
    40

  • Paula Little

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $150,004
    From this org
    $143,921
    From related orgs
    $0
    Other
    $6,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,336
    Bonus
    $16,585
    Other
    $0
    Deferred
    $4,643
    Nontaxable benefits
    $1,440
    Filer's total
    $150,004

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

  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
DURING THE YEAR, A BONUS WAS PAID TO THE EXECUTIVE DIRECTOR, THE DIRECTOR OF FINANCE, AND THE DIRECTOR OF DEVELOPMENT FOR INCREASED DUTIES PERFORMED. THE BONUS WAS BASED UPON THE ORGANIZATION'S STANDARD RATE FOR SUCH ASSIGNMENTS.

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

The 10 largest by cash amount. The API serves every itemized grant.

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 corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MEDICAL MANAGEMENT INC DBA BANFIELD PET HOSPITAL

    C · VETERINARY HOSPITALS · DE

Provenance

Return type
form_990
Tax year
2023
Filed
10 September 2024
IRS schema version
2023v5.1
Source object
202412549349301561

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

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