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Buist Foundation EIN 38-3314509 Form 990 (PDF) Claim this org

Buist Foundation FY2020 filing

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A private foundation based in Byron Center, MI. It reported about $344K in revenue for 2020. For fiscal year 2020 it reported $344K in revenue, $326K in expenses, and $318K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Byron Center, MI
Filings
5 on file (2020–2020)
Revenue
$344KFY2020
Expenses
$326K
Net assets
$318K
People
0
Filings
5
Updates
0
More identity details & actions ⌄
EIN  38-3314509 Private foundation / grantmaker Byron Center, MI
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
A private foundation based in Byron Center, MI. It reported about $344K in revenue for 2020.
Money in and out
$344K revenue, $326K expenses
Bottom line
—
Grants paid & assets · FY2020
Total revenue
$344K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$318K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19K
Total assets
318K
deployed as grants and operations
Grants paid
153K
in FY2020
Grants made
68grants
total in period
Payout rate
48%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 68 grants · $322K · 2024–2024
Daffodil MinistriesMI · FY2024$51,388
Impact BurundiMI · FY2024$25,000
Barry County Livestock Development CommitteeFY2024$23,825
Streams of HopeMI · FY2024$20,000
Woodfield Community Center INCMI · FY2024$15,000
Bridge Street House of PrayerMI · FY2024$15,000
Selah EmpowersMI · FY2024$10,000
Jason Kinzler Family First FoundationMI · FY2024$10,000
Byron Community Ministries INCMI · FY2024$10,000
Alpha Grand RapidsMI · FY2024$10,000
Kent County Youth FairFY2024$9,220
Family Promise of Grand RapidsMI · FY2024$7,300
Volunteers in ServiceFY2024$7,000
Kcts Community Action FundFY2024$6,000
Life Quest INCOH · FY2024$5,000
Iccf Community HomesMI · FY2024$5,000
Home Repair ServicesFY2024$5,000
Harmony CommunitiesFY2024$5,000
See all 68 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV36
Average grantPart XV$5K
Median grantPart XV$2K
Largest grantPart XV$51K
Top cause focusNTEEHuman Services (13%)

Summary of the Filing

Part I · fiscal year 2020 · Form 990-PF
Revenue
$344K
FY2020
Expenses
$326K
FY2020
Total assets
$318K
FY2020
Total liabilities
$0
FY2020
Total revenue
$344K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$318K
Pt X · Ln 32
Total assetsPt II$318K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBuist Foundation
EINHdr · item D38-3314509
Principal addressHdr · item CByron Center, MI
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22Z)
Ruling yearIRS BMFMay 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Buist Foundation executive salaries →

Statement of Revenue

Part VIII
Contributions & grants100%$343K
Investment income$1K
Total revenueLn 12$344K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.47 Operating & administrative $0.53
Grants & contributions paid47%$153K
Operating & administrative53%$173K
Total functional expensesLn 25$326K

Balance Sheet

Part X · end of year
CashLn 1$318K
Total assetsLn 16$318K
Total liabilitiesLn 26$0
Total net assetsLn 32$318K
Months of cash on handcomputed11.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $318K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $344K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $344K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $344K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $318K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $344K · Expenses $326K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $318K
—
Net-asset ratio
Net assets $318K · Total assets $318K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $326K
No individual compensation reported on this filing
Personnel share
not reported

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$621K revenue · ⤓ 990 PDF
FY2023$521K revenue · ⤓ 990 PDF
FY2022$386K revenue · ⤓ 990 PDF
FY2021$914K revenue · ⤓ 990 PDF
FY2020$344K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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