Bayne Foundation Inc
- Assets
- $2.5m
- Revenue
- $356.0k
- Investments
- $2.5m
- Employees
- 0
- Location
- Whitefish, MT
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 46-1579882
Organization Overview
Bayne Foundation Inc is located in Whitefish, MT. The organization was established in 2013. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bayne 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 12/2022, Bayne Foundation Inc generated $356.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $243.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bayne Foundation Inc has awarded 67 individual grants totaling $812,775. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEEDS OF CARING - DONATION OF GOODS IN SUPPORT OF SEEDS OF CARING SERVICE PROJECT. SEEDS OF CARING ENGAGES CHILDREN AGES 2-12 THROUGH A VARIETY OF SERVICE, SOCIAL ACTION, AND COMMUNITY BUILDING EXPERIENCES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Bayne President | 2.5 | $0 | |
Elizabeth G Bayne Secretary/treasurer | 2.5 | $0 | |
Patrick M Cogan Director | 1.25 | $0 | |
Brittney Cogan Director | 1.25 | $0 | |
Mackenzie E Bayne Director | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $251,207 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,297 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,493 |
| Capital Gain Net Income | $38,493 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $355,997 |
| 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 | $588 |
| Total operating and administrative expenses | $16,588 |
| Contributions, gifts, grants paid | $226,459 |
| Total expenses and disbursements | $243,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$2,103 |
| 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 | $2,480,054 |
| 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, Bayne Foundation Inc has awarded $226,459 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AMAZING PLACE MUSIC PURPOSE: GENERAL SUPPORT | $2,500 |
ABBIE SHELTER PURPOSE: GENERAL SUPPORT | $9,256 |
ANGEL FLIGHT PURPOSE: GENERAL SUPPORT | $2,493 |
ARCHIE BRAY FOUNDATION PURPOSE: GENERAL SUPPORT | $4,777 |
CASA FOR KIDS OF FLATHEAD COUNTY PURPOSE: GENERAL SUPPORT | $5,000 |
CATO INSTITUTE PURPOSE: GENERAL SUPPORT | $29,912 |