Fang Foundation
- Assets
- $0.0
- Revenue
- $54.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Southern Pines, NC
- Founding
- 07/2002
- Data as of
- 12/2019
- EIN
- 30-6029730
Organization Overview
Fang Foundation is located in Southern Pines, NC. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2019, Fang Foundation generated $54.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.4% each year . All expenses for the organization totaled $211.8k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fang Foundation has awarded 24 individual grants totaling $218,071. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,714 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,258 |
| Capital Gain Net Income | $52,258 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,972 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,763 |
| Contributions, gifts, grants paid | $208,071 |
| Total expenses and disbursements | $211,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 |
Grants Awarded
Over the last fiscal year, Fang Foundation has awarded $208,071 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
PENICK VILLAGE PURPOSE: GENERAL SUPPORT | $10,000 |
INSIGHT MEDITATION SOCIETY PURPOSE: GENERAL SUPPORT | $5,000 |
PATTEN FREE LIBRARY PURPOSE: GENERAL SUPPORT | $10,000 |
BATH AREA FOOD PANTRY PURPOSE: GENERAL SUPPORT | $5,000 |
WELCOMING THE STRANGER PURPOSE: GENERAL SUPPORT | $10,000 |
DONORSCHOOSE ORG PURPOSE: GENERAL SUPPORT | $10,000 |