The Band Foundation
- Assets
- $3.2m
- Revenue
- $75.0k
- Investments
- $2.9m
- Employees
- 0
- Location
- Lexington, SC
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 46-1588731
Organization Overview
The Band Foundation is located in Lexington, SC. The organization was established in 2015. 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. Band Foundation 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, Band Foundation generated $75.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $160.1k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 8 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 2015, Band Foundation has awarded 107 individual grants totaling $1,196,600. 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
THE FOUNDATION MADE DONATIONS THAT BENEFITED 10 CHARITIES IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Scott Harding President, Director | 2 | $0 | |
Melissa Harding Administrative Officer | 0 | $0 | |
Emily G Harding Secretary, Director | 0.5 | $0 | |
A Scott Hendrix Treasurer, Director | 0.5 | $0 | |
Jacob A Harding Assistant Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,374 |
| Dividends & Interest | $63,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,633 |
| Capital Gain Net Income | $10,633 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $75,013 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,952 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,881 |
| Total operating and administrative expenses | $27,833 |
| Contributions, gifts, grants paid | $132,300 |
| Total expenses and disbursements | $160,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,080 |
| Savings and temporary cash investments | $101,030 |
| Net Accounts receivable | $4,500 |
| 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 | $2,939,313 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,215,923 |
| 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, The Band Foundation has awarded $132,300 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHBISHOPS APPEAL PURPOSE: ASSISTS IN CATHOLIC INITIATIVES | $10,000 |
ARCHDIOCESE OF BALTIMORE RETIRED PRIESTS PURPOSE: ASSISTS IN THE CARE SUCH AS MEDICAL AND RESIDENCE OF RETIRED PRIESTS | $5,000 |
COOL KIDS CAMPAIGN FOUNDATION INC PURPOSE: IMPROVE QUALITY OF LIFE FOR PEDIATRIC ONCOLOGY PATIENTS AND THEIR FAMILIES | $5,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: CURE CYSTIC FIBROSIS AND FUND RESEARCH AND DRUG DEVELOPMENT FOR CYSTIC FIBROSIS | $2,500 |
DABO'S ALL IN TEAM FOUNDATION PURPOSE: RAISE AWARENESS OF CRITICAL EDUCATION AND HEALTH ISSUES | $30,000 |
FISHER HOUSE FOUNDATION PURPOSE: BUILDS COMFORT HOMES FOR MILITARY AND VETERAN FAMILIES | $5,000 |