Abraham Baldwin Agricultural College Foundation Inc

Organization Overview

Abraham Baldwin Agricultural College Foundation Inc is located in Tifton, GA. The organization was established in 1968. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Abraham Baldwin Agricultural College Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abraham Baldwin Agricultural College 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 06/2021, Abraham Baldwin Agricultural College Foundation Inc generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $2.4m during the year ending 06/2021. While expenses have increased by 2.0% per year over the past 6 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 2017, Abraham Baldwin Agricultural College Foundation Inc has awarded 15 individual grants totaling $8,194,287. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE THE CAUSE OF EDUCATION BY ESTABLISHING AND IMPLEMENTING PROGRAMS AND ACTIVITES FOR THE PROMOTION AND ASSISTANCE OF ABRAHAM BALDWIN AGRICULTURAL COLLEGE, ITS FACULTY, STAFF AND STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTING OF SCHOLARSHIPS AND EDUCATIONAL SUPPORT ACTIVITIES TO ABRAHAM BALDWIN AGRICULTURAL COLLEGE TO FURTHER THE EDUCATIONAL EXPERIENCE OF THE STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jodie Snow
COO
$98,345
Wesley Langdale III
Chair
$0
Niki Vanderslice
Vice Chair
$0
Jay Roberts
Secretary
$0
James Holcomb
Past Chair
$0
David Bridges
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$146,037
Related organizations$0
Government grants $73,335
All other contributions, gifts, grants, and similar amounts not included above$3,527,164
Noncash contributions included in lines 1a–1f $787,589
Total Revenue from Contributions, Gifts, Grants & Similar$3,746,536
Total Program Service Revenue$0
Investment income $359,753
Tax Exempt Bond Proceeds $0
Royalties $605
Net Rental Income $131,094
Net Gain/Loss on Asset Sales $2,598,244
Net Income from Fundraising Events $10,923
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,873,276

Grants Awarded

Over the last fiscal year, Abraham Baldwin Agricultural College Foundation Inc has awarded $1,582,048 in support to 3 organizations.

Grant RecipientAmount

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

PURPOSE: STUDENT SCHOLARSHIPS

$755,524

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

PURPOSE: TO ASSIST STUDENTS, STAFF AND FACULTY OF THE COLLEGE

$431,215

ABRAHAM BALDWIN AGRICULTURAL COLLEGE

PURPOSE: TO FUND THE SALARIES AND BENEFITS OF CERTAIN POSITIONS AT THE UNIVERSITY.

$395,309
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Abraham Baldwin Agricultural College Foundation Inc has recieved totaling $86,324.

Awarding OrganizationAmount
Parker Poe Charitable Tr Uw

Thomasville, GA

PURPOSE: LANE GREEN SCHOLARSHIP

$25,000
Thomas M & Irene B Kirbo Charitable

Jacksonville, FL

PURPOSE: SCHOLARSHIPS

$20,000
Ty Cobb Foundation Fund Ua Dtd 113053

Orlando, FL

PURPOSE: SCHOLARSHIP

$9,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$8,750
$7,500
Georgia Power Foundation Inc In Receivership

Atlanta, GA

PURPOSE: DESTINATION AG AND SCHOLARSHIP SUPPORT AT ABRAHAM BALDWIN AGRICULTURAL COLLEGE

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,601,365
Earnings$2,933,722
Net Contributions$1,033,312
Other Expense$166,920
Ending Balance$19,401,479

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