Thomason Bowie Foundation is located in Iva, SC. The organization was established in 1998. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomason Bowie 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, Thomason Bowie Foundation generated $254.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $124.9k during the year ending 12/2022. While expenses have increased by 8.0% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARENA AND RIDING TRAILS WERE USED SEVERAL TIMES THROUGH OUT THE YEAR
THE FACILITIES WERE USED NUMEROUS TIME DURING THE YEAR FOR BIRTHDAY PARTIES, CHURCH ACTIVITIES AND HORSE CLUBS
VARIOUS FIELD TRIPS FROM STARR ELEMENTARY, IVA ELEMENTARY STARR-IVA MIDDLE AND CRESCNT HIGH SCHOOLS
THE FOUNDATION HOLDS A "OLD FARM DAYS" TWICE A YEAR TO PROVIDE THE YOUNGER GENERATION WITH A LOOK AT HOW FARMING WAS DONE BEFORE THE MODERN ERA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Jordan Secretary | 1 | $0 | |
Gary Jordan President/treasurer | 3 | $0 | |
Gregg Campbell Director | 1 | $0 | |
John Horne Director | 1 | $0 | |
Hugh Smith Director | 1 | $0 | |
John Glew Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3 |
Dividends & Interest | $110,327 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $13,068 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $144,016 |
Total Revenue | $254,896 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $7,900 |
Depreciation | $21,641 |
Occupancy | $6,650 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $76,227 |
Total operating and administrative expenses | $124,138 |
Contributions, gifts, grants paid | $808 |
Total expenses and disbursements | $124,946 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $36,307 |
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 | $989,817 |
Net Land, buildings, and equipment | $189,432 |
Other assets | $0 |
Total assets | $3,130,901 |
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 | $96 |
Total liabilities | $96 |