Peabody Foundation
- Assets
- $411.9k
- Revenue
- $13.1k
- Investments
- $371.0k
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 57-1060450
Organization Overview
Peabody Foundation is located in Greenville, SC. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peabody 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 12/2023, Peabody Foundation generated $13.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $47.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peabody Foundation has awarded 117 individual grants totaling $557,806. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDRENS CHRISTMAS PARTY PROVIDED FOOD, GAMES, GIFTS TO UNDERPRIVILEDGED CHILDREN
CONTRIBUTIONS FOR EDUCATIONAL SCHOLARSHIPS, EDUCATIONAL ADVANCEMENTS AND COMMUNITY ENRICHMENTS
CONTRIBUTIONS FOR MEDICAL UNIVERSITY EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr's Steve Abbie Freeman Director | 0 | $0 | |
Mr Charles Groves Director | 0 | $0 | |
M M Charles Howard Director | 0 | $0 | |
M M Kyle Marcheck Director | 0 | $0 | |
Mrs Alan Peabody President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $127 |
| Dividends & Interest | $12,960 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,173 |
| Depreciation | $0 |
| Occupancy | $1,800 |
| Travel, conferences, and meetings | $150 |
| Printing and publications | $1,033 |
| Other expenses | $1,341 |
| Total operating and administrative expenses | $18,317 |
| Contributions, gifts, grants paid | $29,594 |
| Total expenses and disbursements | $47,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,047 |
| Savings and temporary cash investments | $1,871 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $411,906 |
| 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, Peabody Foundation has awarded $29,594 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
UNDERPRIVIUNDERPRIVLEDGED CHILDREN'S CHRISTMAS PARTY & GIFTS PURPOSE: CHILDRENSCHRISTMASPARTY | $14,594 |
ST ANTHONY'S OF PADUA PURPOSE: GENERAL SCHOLARSHIPFUND | $0 |
BOB JONES UNIVERSITY MUSEUM & GALLERY PURPOSE: ART EDUCATION PROGRAM | $0 |
MUSEUM ARTS COUNCIL PURPOSE: ART MUSEUM | $0 |
AMERICAN HEART ASSOCIATION PURPOSE: COMMUNITY MEDICALFOUNDATION | $0 |
OUR LADY OF THE ROSARY SCHOOL PURPOSE: SCHOLARSHIPS | $5,000 |