Irvin C & Evea J Bainum Foundation Inc

Organization Overview

Irvin C & Evea J Bainum Foundation Inc is located in Glenwood, AR. The organization was established in 1999. 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. Irvin C & Evea J Bainum 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 12/2021, Irvin C & Evea J Bainum Foundation Inc generated $309.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $355.7k during the year ending 12/2021. While expenses have increased by 10.9% 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 2018, Irvin C & Evea J Bainum Foundation Inc has awarded 53 individual grants totaling $1,302,541. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Board, Officers & Key Employees

Name (title)Compensation
Tim Bainum
President/sec/treas
$0
Laura Habighorst
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $264,556
Net Rental Income$0
Net Gain on Sale of Assets $44,682
Capital Gain Net Income $44,682
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $309,238

Grants Awarded

Over the last fiscal year, Irvin C & Evea J Bainum Foundation Inc has awarded $350,165 in support to 16 organizations.

Grant RecipientAmount

SOUTHWESTERN ADVENTIST UNIVERSITY

Org PageRecipient Profile

Keene, TX

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$94,737

SOUTHERN ADVENTIST UNIVERSITY

Org PageRecipient Profile

Collegedale, TN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$74,064

OZARK ADVENTIST ACADEMY

Org PageRecipient Profile

Gentry, AR

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$44,480

MARANATHA VOLUNTEERS INTERNATIONAL

Org PageRecipient Profile

Roseville, CA

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$35,000

ARKANSAS LOUISIANA CONFERENCE OF SDA

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$22,600

ORANGEWOOD ACADEMY

Org PageRecipient Profile

Garden Grove, CA

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$12,787
View Grant Profile

Peer Organizations

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