Bsf Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752688553 ✦ Fort worth, TX ✦ Designated as a 501(c)(2)

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Overview

What is Bsf Foundation?

The Bsf Foundation is a nonprofit organization with a specific mission. Its primary role involves holding title to property and gathering income generated from this property. The collected income is then allocated, after deducting expenses, to the Burnett Foundation. This nonprofit organization serves as a financial intermediary, transferring funds to another foundation, the Burnett Foundation.

Is Bsf Foundation legitimate?

Bsf Foundation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bsf 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

For more financial information, click here

What is the mission statement of Bsf Foundation?

The Bsf Foundation's primary role is to manage property, generate income from it, and subsequently transfer the net income after deducting expenses to the Burnett Foundation. In essence, its mission is to serve as a financial intermediary, using property-related income to support the Burnett Foundation's activities. While the specific purpose or initiatives of the Burnett Foundation are not provided in this information, the Bsf Foundation's role is to financially sustain it. It's important to note that this nonprofit organization is no longer active or in operation.

Who is the CEO of Bsf Foundation?

Neils Agather is the Vice President/Secretary of Bsf Foundation.

What is the revenue of Bsf Foundation?

Bsf Foundation's revenue in 2022 was $1.

Who are the executives of Bsf Foundation and what are their salaries?


Here are 2 key members and their salaries:


John L Marion (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neils Agather (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bsf Foundation?

Bsf Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bsf Foundation

The Bsf Foundation's mission is centered around the holding and management of property. This organization collects income generated from the property and subsequently transfers the entire net income, after deducting expenses, to the Burnett Foundation. In essence, the Bsf Foundation serves as a financial intermediary, managing property and income for the benefit of the Burnett Foundation.

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Impact




October, 2024

Bsf Foundation has focused on holding title to property, collecting income, and directing those resources to the Burnett Foundation. Its mission was centered on enhancing community improvement by managing assets effectively. Although it is no longer active, its previous efforts aimed to generate income that could support further community initiatives. The management of property and associated funds indicates a commitment to sustainable financial practices, helping to foster positive outcomes for community development in Fort Worth, TX.




This information is meant to be a general summary of Bsf 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.

Revenue
$1 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Gross Receipts: $1

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1997

Principal Officer

Neils Agather

Main Address

801 CHERRY STREET SUITE 1500, FORT WORTH, TX, 761026881

NTEE Category

Code: S47 - Community improvement

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