B & B Foundation

NASHVILLE, TN EIN: 62-1543218

B & B Foundation is a private foundation, based in NASHVILLE, TN. IRS filing data is available for 2020. In 2020, it awarded 9 grants totaling $2.1M. Net investment income was $1.2M.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$2.1M

Grant Count

Avg Grant Size

$233K

Under IRS private-foundation payout rules, B & B Foundation reported a distributable amount of $64K for 2020 — the minimum it must pay out in qualifying distributions.

About B & B Foundation

Based on IRS filings

B & B Foundation is a private foundation, based in NASHVILLE, TN. IRS filing data is available for 2020. In 2020, it awarded 9 grants totaling $2.1M. Net investment income was $1.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $1.9M (91%)

Tennessee $196K (9%)

Massachusetts $100 (0%)

New York $100 (0%)

States

Massachusetts New York Rhode Island Tennessee

Cities

NashvilleNew YorkWarwickWinchester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$1,174,817
Expenses	$2,122,313
Qualifying Distributions	—
Net Investment Income	$1,151,095
Distributable Amount	$63,952

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2020

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Vanguard Charitable Donor Advised Fund ($1,482,030), Vanguard Charitable Donor Advised Fund ($415,012), Temple ($103,750).

Recipient	Purpose	Amount
THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE NASHVILLE, TN	FURTHER OBJECTIVE OF EXEMPT DONEE	$1,000
CROHNS AND COLITIS FOUNDATION OF AMERICA NEW YORK, NY	FURTHER OBJECTIVE OF EXEMPT DONEE	$100
GORDON JEWISH COMMUNITY CENTER NASHVILLE, TN	FURTHER OBJECTIVE OF EXEMPT DONEE	$40,000
IM STILL HERE FOUNDATION WINCHESTER, MA	FURTHER OBJECTIVE OF EXEMPT DONEE	$100
TEMPLE NASHVILLE, TN	FURTHER OBJECTIVE OF EXEMPT DONEE	$103,750
UNIVERSITY SCHOOL OF NASHVILLE NASHVILLE, TN	FURTHER OBJECTIVE OF EXEMPT DONEE	$50,000
VANGUARD CHARITABLE DONOR ADVISED FUND WARWICK, RI	FURTHER OBJECTIVE OF EXEMPT DONEE	$1,482,030
VANDERBILT UNIVERSITY MEDICAL SCHOOL NASHVILLE, TN	FURTHER OBJECTIVE OF EXEMPT DONEE	$1,000
VANGUARD CHARITABLE DONOR ADVISED FUND WARWICK, RI	FURTHER OBJECTIVE OF EXEMPT DONEE	$415,012

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
ANTHONY WERTHAN	OFFICER	—	—
BETSY M WERTHAN	OFFICER	—	—

Frequently Asked Questions

Where does B & B Foundation operate?

B & B Foundation has awarded grants in Massachusetts, New York, Rhode Island, Tennessee.

What size grants does B & B Foundation award?

In 2020, B & B Foundation awarded 9 grants totaling $2.1M — an average of about $233K per grant, based on its IRS Form 990 filings.

How much is B & B Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, B & B Foundation reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.