Earl Bane Foundation
- Assets
- $10.2m
- Revenue
- $2.2m
- Investments
- $10.0m
- Employees
- 0
- Location
- Salina, KS
- Founding
- 08/1994
- Data as of
- 04/2024
- EIN
- 48-1152429
Organization Overview
Earl Bane Foundation is located in Salina, KS. The organization was established in 1994. 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. Earl Bane 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 04/2024, Earl Bane Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $1.2m during the year ending 04/2024. While expenses have increased by 2.6% per year over the past 5 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 2019, Earl Bane Foundation has awarded 390 individual grants totaling $5,018,807. 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.
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 |
|---|---|---|---|
Robert Buster President And Trustee | 1 | $8,500 | |
Melanie Bailey Treasurer And Trustee | 2 | $17,500 | |
Mindy Tillberg Secretary And Trustee | 3 | $17,500 | |
Corlene Lange Trustee | 1 | $8,500 | |
David Mills Trustee | 2 | $8,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $313,495 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,878,091 |
| Capital Gain Net Income | $1,878,091 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,191,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,377 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,585 |
| Total operating and administrative expenses | $141,186 |
| Contributions, gifts, grants paid | $1,083,400 |
| Total expenses and disbursements | $1,224,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $212,638 |
| 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 | $313,128 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,169,394 |
| 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 | $365 |
| Total liabilities | $365 |
Grants Awarded
Over the last fiscal year, Earl Bane Foundation has awarded $1,083,400 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY COLLEGE PURPOSE: GOOD LIFE SCHOLARSHIP | $75,000 |
AMERICAN RED CROSS PURPOSE: SALINE COUNTY BLOOD DRIVES | $10,000 |
BIG BROTHERSBIG SISTERS PURPOSE: MAINTENANCE PROJECTS & THE BIG LIFT | $100,000 |
BIG BROTHERSBIG SISTERS PURPOSE: MENTORING PROGRAMS AND BACKGROUND CHECKS | $20,000 |
CAPS PURPOSE: CASA PROGRAM | $25,000 |
CLOUD COUNTY COMMUNITY COLLEGE PURPOSE: GEORGA STELTER SCHOLARSHIP | $5,000 |