Harbor Fund Inc
- Assets
- $0.0
- Revenue
- -$308.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 02/2018
- Data as of
- 12/2022
- EIN
- 82-2596941
Organization Overview
Harbor Fund Inc is located in Bethesda, MD. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public 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. Harbor Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Harbor Fund Inc has awarded 91 individual grants totaling $3,862,177. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HARBOR FUND, INC. MAXIMIZES DONOR EFFECTIVENESS IN CREATING A HEALTHY AND JUST SOCIETY FULL OF OPPORTUNITY FOR YOUTH TO LEARN, GROW AND SUCCEED IN SUSTAINABLE CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARBOR FUND, INC. SEEKS TO FACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES IN THE AREAS INCLUDING, BUT NOT LIMITED TO, YOUTH EDUCATION AND DEVELOPMENT, SCIENCE TECHNOLOGY, ENGINEERING, AND MATHEMATICS ("STEM") EDUCATION, NUTRITION AND FOOD RESCUE/RECOVERY, INTEGRATIVE MEDICINE, CONSERVATION AND THE ARTS. DURING THE YEAR ENDED DECEMBER 31, 2021, HARBOR FUND, INC. FACILITATED AND PAID 33 GRANTS TO VARIOUS ORGANIZATIONS FOR PROJECTS OR PURPOSES MEETING THE AREAS OF CHARITABLE ACTIVITIES OUTLINED ABOVE TOTALING $677,700.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holli Rivera Director, President, Ed | 1 | $0 | |
Essi Egbeto Director, Treasurer | 1 | $0 | |
Russ Hargrove Director, Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $265 |
| Dividends & Interest | $10,965 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$319,339 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$308,109 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $287 |
| Total operating and administrative expenses | $13,936 |
| Contributions, gifts, grants paid | $2,149,177 |
| Total expenses and disbursements | $2,163,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Harbor Fund Inc has awarded $2,149,177 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BOTTOM LINE PURPOSE: GENERAL OPERATING SUPPORT | $144,440 |
FUTURES & OPTIONS PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
THE OPPORTUNITY NETWORK PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
FUNDING TOGETHER TO END HOMELESSNESS PURPOSE: WORKFORCE MATTERS | $60,000 |
RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK PURPOSE: OFFICE OF CREDIT FOR PRIOR LEARNING | $30,000 |
FUND FOR THE CITY OF NEW YORK PURPOSE: STUDENT SUCCESS NETWORK | $30,000 |