Harbin Family Foundation Inc is located in Martin, GA. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harbin Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2024, Harbin Family Foundation Inc generated $514.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.0% each year . All expenses for the organization totaled $275.4k during the year ending 04/2024. While expenses have increased by 52.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Harbin Family Foundation Inc has awarded 224 individual grants totaling $784,904. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AWARDED TO CHILDREN OF HARBIN LUMBER COMPANY, INC. EMPLOYEES
PROVIDE FUNDS FOR DAY CARE CENTERS, ELDERLY CARE CENTERS, NURSING HOMES, PRIVATE SCHOOLS OR OTHER ORGANIZATIONS THAT INCLUDE THE SPREAD OF THE GOSPEL AND CARE AND NURTURING OF PEOPLE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barron C Harbin Director | 0.1 | $0 | |
Deborah G Harbin Director | 0.1 | $0 | |
Westley J Harbin Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $476,287 |
Interest on Savings | $38,550 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $514,837 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $650 |
Contributions, gifts, grants paid | $274,750 |
Total expenses and disbursements | $275,400 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $689,407 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $689,407 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Harbin Family Foundation Inc has awarded $274,750 in support to 52 organizations.
Grant Recipient | Amount |
---|---|
MERCY ASHWORTH PURPOSE: EDUCATION SCHOLARSHIP | $1,500 |
NOEL ASHWORTH PURPOSE: EDUCATION SCHOLARSHIP | $1,500 |
KEEGAN GOINS PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |
KLOEY GOINS PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |
ABBY LEE PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |
ROXIE SCOUT LEWIS PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |