LEE BIVINS FOUNDATION

LEE BIVINS FOUNDATION

Amarilllo, TX, US
501(c)(3)
EIN
75-3009699

LEE BIVINS FOUNDATION

Amarilllo, TX, US
501(c)(3)
EIN
75-3009699

Overview

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Est.

2002

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The Lee Bivins Foundation, based in Amarillo, Texas, is dedicated to building, establishing, and maintaining homes for worthy, aged, and needy individuals, with a preference for those who have practiced the Christian religion. With an operating budget of $1.1 million and total revenue reported at -$2.5 million for the 2024 filing year, the foundation relies heavily on a single unidentified funder, which contributed $9.9 million. The organization focuses on providing essential retirement housing services in Potter and Randall counties.

Mission Statement

TO BUILD, ESTABLISH AND MAINTAIN IN THE CITY OF AMARILLO, TEXAS, OR IN THE VICINITY THEREOF, EITHER IN POTTER OR RANDALL COUNTIES, A HOME OR HOMES FOR WORTHY, AGED AND NEEDY PERSONS, AND TO OPERATE SUCH HOMES, EXPAND, BUILD OR REBUILD ANY SUCH HOMES AND TO DO EACH AND EVERYTHING WHATSOEVER NECESSARY, REQUISITE OR INCIDENT THERETO. PREFERENCE SHALL BE GIVEN IN ADMISSION TO SAID HOMES TO THOSE WHO HAVE LIVED AND PRACTICED THE CHRISTIAN RELIGION. THE PURPOSES STATED IN THIS SUBSECTION SHALL BE DEEMED THE PRIMARY PURPOSE OF THE CORPORATION AND THE MAINTENANCE AND OPERATION OF SAID HOMES SHALL AT ALL TIMES HAVE PREFERENCE IN THE USE OF INCOME AND/OR CORPUS OF PROPERTY BELONGING TO THE CORPORATION OR HELD IN TRUST FOR IT.
Revenues

-$2.5M

Expenses

$1.1M

Net Income:
-$3.6M
Assets

$5.9M

Liabilities

$2.6M

Net Assets:
+$3.3M
Operating Budget

$1.1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$65K
Largest grant received
$65K
J
Julie Bivins
Board Member
M
Mark Bivins
Board Member
P
Puff Niegos
Board Member

Frequently Asked Questions

What is LEE BIVINS FOUNDATION’s budget?
In 2024, LEE BIVINS FOUNDATION reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does LEE BIVINS FOUNDATION support?
LEE BIVINS FOUNDATION supports work in Retirement housing.
Where does LEE BIVINS FOUNDATION operate?
LEE BIVINS FOUNDATION is headquartered in Amarilllo, TX.
Who funded LEE BIVINS FOUNDATION recently?
In 2019, LEE BIVINS FOUNDATION received grants from MARY E BIVINS FOUNDATION, MARY E BIVINS FOUNDATION, and MARY E BIVINS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LEE BIVINS FOUNDATION received in 2019?
The largest grant to LEE BIVINS FOUNDATION in 2019 exceeds $65 thousand.
Overview
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