Silverback Foundation Inc

Organization Overview

Silverback Foundation Inc is located in Chapel Hill, NC. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Silverback 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 12/2022, Silverback Foundation Inc generated $382.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $139.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Silverback Foundation Inc has awarded 263 individual grants totaling $1,277,620. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Elliot G Bossen
Vice President
$0
Connie Nickell Bossen
President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $7,874
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets -$47
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $375,094
Total Revenue $382,921

Grants Awarded

Over the last fiscal year, Silverback Foundation Inc has awarded $134,500 in support to 35 organizations.

Grant RecipientAmount

AMERICAN DANCE FESTIVAL

PURPOSE: CHARITABLE

$1,000

CENTER FOR CHILD AND FAMILY HEALTH

PURPOSE: CHARITABLE

$5,000

CHATHAM EDUCATION FOUNDATION

PURPOSE: EDUCATION ADVANCEMENT

$1,000

CHATHAM LITERACY

PURPOSE: CHARITABLE

$10,000

COMMUNITY MUSIC SCHOOL

PURPOSE: CHARITABLE

$1,000

CORA FOOD PANTRY

PURPOSE: CHARITABLE

$1,500
View Grant Profile

Peer Organizations

Organization NameAssets
The Arthur M Blank Family Foundation
Atlanta, GA
$105,332,175
John Bulow Campbell Foundation
Atlanta, GA
$49,261,799
Darla Moore And Richard Rainwater Foundation
Lake City, SC
$68,195,128
Poplar Foundation
Memphis, TN
-$14,934
The Rosser Foundation A Pure Charitable Trust And Public Charit
Newport News, VA
$29,777,822
C D Spangler Foundation Inc
Charlotte, NC
$39,402,450
John M Belk Endowment
Charlotte, NC
$11,349,973
Quantitative Foundation
Charlottesville, VA
$1,400,916
The Ezrah Charitable Trust
Charlotte, NC
$316,101,045
Ththe Grady Health Foundation Inc
Atlanta, GA
$23,438,249
Bolick Foundation
Conover, NC
$7,537,966
Manning Family Foundation
Charlottesville, VA
$5,624,625
Pyramid Peak Foundation
Memphis, TN
$983,586
Robert E And Jenny D Kirkland Found
Union City, TN
$10,828,232
The Haslam 3 Foundation Inc
Knoxville, TN
$12,489,767
Davis Love Iii Foundation
St Simons Island, GA
$12,009,621
Revada Foundation
Alexandria, VA
$3,258,811
Scarlett Family Foundation
Nashville, TN
$11,491,025
Speer Foundation
Brentwood, TN
$6,876,925
Bill And Crissy Haslam Foundation
Knoxville, TN
$10,642,071
Goodnight Educational Foundation
Cary, NC
$6,481,834
Fellowship Foundation Inc
Arlington, VA
$9,389,532
Argo Family Fund
Atlanta, GA
$16,759,071
Darnall W Boyd Foundation Inc
Columbia, SC
$8,499,212
Charles Koch Foundation Ii
Arlington, VA
$13,641

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