Overview
What is Bls Family Foundation?
The BLS Family Foundation, based in Chicago, Illinois, functions as a charitable organization. It adheres to the guidelines set by its by-laws and the charter of the Jewish Federation of Metropolitan Chicago. The foundation's primary purpose is to grant funds to eligible nonprofit organizations that are exempt under IRC Section 501(c)(3). Its mission is centered around fostering, promoting, supporting, developing, and encouraging charitable activities and vital human and educational services, as outlined in the charter of the Jewish Federation of Metropolitan Chicago. The foundation plays a significant role in contributing to the betterment of the community through its charitable grants.
Is Bls Family Foundation legitimate?
Bls Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bls Family Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bls Family Foundation?
The Bls Family Foundation's mission is centered around fostering, promoting, supporting, developing, and encouraging charitable activities and vital human and educational services. This mission aligns with the by-laws and charter of the Jewish Federation of Metropolitan Chicago. The foundation fulfills this objective by making grants to charitable organizations that meet the guidelines set by their by-laws and the Jewish Federation of Metropolitan Chicago. All these organizations operate under IRC Section 501(c)(3), which exempts them from federal income tax. The foundation's primary goal is to contribute to and strengthen the charitable sector, thereby benefiting various communities and individuals.
Who is the CEO of Bls Family Foundation?
Bonnie Lovitt is the President of Bls Family Foundation.
What is the revenue of Bls Family Foundation?
Bls Family Foundation's revenue in 2022 was $449,355.
Who are the executives of Bls Family Foundation and what are their salaries?
There 1 volunteer at Bls Family Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $423,355
- Other: $47,244
- Compensation: $0
- Related: $144,574
- Other: $36,105
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $293,232
- Other: $36,845
- Compensation: $0
- Related: $222,096
- Other: $57,766
- Compensation: $0
- Related: $188,546
- Other: $56,817
Where can I find the form 990 for Bls Family Foundation?
Bls Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bls Family Foundation
The BLS Family Foundation is dedicated to advancing charitable activities and promoting vital human and educational services. In line with its by-laws and the charter of the Jewish Federation of Metropolitan Chicago, the Foundation plays a significant role in fostering and supporting organizations that align with its mission. It grants funds to charities that adhere to the guidelines set by the Foundation and the Jewish Federation, all of which are exempt under IRC Section 501(c)(3). Throughout its operations, the BLS Family Foundation strives to maintain and develop these charitable organizations, aiming to contribute positively to society and support those in need.
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Impact
October, 2024
Bls Family Foundation significantly impacts the community by fostering and supporting charitable activities and essential human and educational services in Chicago and beyond. By making grants to various organizations aligned with its mission, the Foundation enhances the capacity of these agencies to deliver programs and services that benefit the public. Its commitment to promoting education and vital services helps address community needs, improve lives, and strengthen the fabric of the neighborhood, all while adhering to the values set forth by the Jewish Federation of Metropolitan Chicago. This focused support creates a ripple effect, empowering organizations to pursue their missions more effectively and ensuring a more robust network of assistance and resources for those in need.
This information is meant to be a general summary of Bls Family Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $250,939
- Gross Receipts: $449,355
Assets and Liabilities:
- Total Assets: $3,150,774
- Total Liabilities: $311,410
- Net Assets: $2,839,364
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Organization Details
Founding Year
2001
Phone
(312) 357-4790Principal Officer
Bonnie Lovitt
Main Address
30 South Wells Street 4049, Chicago, IL, 60606
NTEE Category
Code: T11 - Philanthropy
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