Foundation For The Greatest Good
- Assets
- $4.0m
- Revenue
- -$149.0k
- Investments
- $3.9m
- Employees
- 0
- Location
- Fulton, MD
- Founding
- 01/1995
- Data as of
- 12/2022
- EIN
- 52-1907725
Organization Overview
Foundation For The Greatest Good is located in Fulton, MD. The organization was established in 1995. 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. Foundation For The Greatest Good is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stewart Bainum Jr Trustee | 0.5 | $0 | |
Christine A Shreve Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,239 |
| Dividends & Interest | $181,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$335,784 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$943 |
| Total Revenue | -$149,011 |
| 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 | $1,023 |
| Printing and publications | $0 |
| Other expenses | $30,799 |
| Total operating and administrative expenses | $58,818 |
| Contributions, gifts, grants paid | $7,424,618 |
| Total expenses and disbursements | $7,483,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $111,471 |
| 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 | $2,885,269 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,961,832 |
| 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 |