Town Branch Foundation
- Assets
- $487.3m
- Revenue
- $486.0k
- Investments
- $437.7m
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-3575662
Organization Overview
Town Branch Foundation is located in Bentonville, AR. The organization was established in 2018. 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. Town Branch 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, Town Branch Foundation generated $486.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (74.8%) each year. All expenses for the organization totaled $25.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Town Branch Foundation has awarded 106 individual grants totaling $81,161,574. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director, President | 1 | $0 | |
Name Not Listed Secretary | 31 | $605,231 | |
Name Not Listed Treasurer | 0.5 | $0 | |
Name Not Listed Director, Vice President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hart Construction Llc | 12/30/22 | $2,488,259 |
Baldwin & Shell Construction Company | 12/30/22 | $9,279,060 |
Walton Enterprises Llc | 12/30/22 | $830,108 |
Mccowngordon Construction Llc | 12/30/22 | $11,735,751 |
The Nelson Architectural Group Inc | 12/30/22 | $571,648 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,687,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,642,395 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,715,539 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$301,600 |
| Total Revenue | $485,953 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $605,231 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $156,066 |
| Interest | $1,590 |
| Taxes | $1,018,556 |
| Depreciation | $281,401 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,703 |
| Printing and publications | $0 |
| Other expenses | $73,883 |
| Total operating and administrative expenses | $3,572,124 |
| Contributions, gifts, grants paid | $21,559,591 |
| Total expenses and disbursements | $25,131,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $639,421 |
| 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 | $14,910,716 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $437,671,150 |
| Net Land, buildings, and equipment | $34,063,220 |
| Other assets | $0 |
| Total assets | $487,284,507 |
| 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, Town Branch Foundation has awarded $21,305,284 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BENTONVILLE BELLA VISTA TRAILBLAZER'S ASSOCIATION INC PURPOSE: TO SUPPORT THE VALLEY VIEW SCHOOLHOUSE AND TRAIL STOP | $528,256 |
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT | $150,000 |
BENTONVILLE BELLA VISTA TRAILBLAZER'S ASSOCIATION INC PURPOSE: TO SUPPORT THE DESIGN OF A NEW TUNNEL UNDER HIGHWAY 102 THAT WILL CONNECT TO THE NEW 8TH STREET PARK AS PART OF THE SW BENTONVILLE TRAIL | $60,000 |
BENTONVILLE BELLA VISTA TRAILBLAZER'S ASSOCIATION INC PURPOSE: TO SUPPORT CONSTRUCTION COSTS OF A CONCRETE TRAIL CONNECTING WOKA WHITEWATER PARK TO SILOAM SPRINGS | $2,993,159 |
ARKANSAS CHILDRENS FOUNDATION PURPOSE: TO SUPPORT ARKANSAS CHILDREN'S HOSPITAL- INJURY PREVENTION | $5,000 |
BENTONVILLE BELLA VISTA TRAILBLAZER'S ASSOCIATION INC PURPOSE: TO SUPPORT THE MAINTENANCE OF THE MOUNTAIN BIKE TRAILS LOCATED IN NORTHWEST ARKANSAS | $500,000 |