Bagan Foundation

Organization Overview

Bagan Foundation is located in Concord, NH. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Bagan 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, Bagan Foundation generated $7.1k 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 (29.7%) each year. All expenses for the organization totaled $48.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Bagan Foundation has awarded 87 individual grants totaling $201,850. 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 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT FINANCIALLY, CHARITABLE ORGANIZATIONS PRIMARILY LOCAL TO CONCORD, NH AND SURROUNDING COMMUNITIES. IN 2022, THE BAGAN FOUNDATION SUPPORTED 19 ORGANIZATIONS WITHIN THE COMMUNITY.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $38
Dividends & Interest $9,361
Net Rental Income$0
Net Gain on Sale of Assets -$2,250
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $7,149

Grants Awarded

Over the last fiscal year, Bagan Foundation has awarded $39,100 in support to 19 organizations.

Grant RecipientAmount

COMMUNITY PLAYERS OF CONCORD NH

PURPOSE: SUPPORT CAPITAL CAMPAIGN AND ANNUAL FUND

$9,600

NEW HAMPSHIRE PRESERVATION ALLIANCE

PURPOSE: GENERAL SUPPORT

$4,000

BOYS & GIRLS CLUBS OF CENTRAL NH

PURPOSE: SUPPORT OF THE ART DEPARTMENT AND GENERAL OPERATIONS

$4,000

CONCORD TV

PURPOSE: GENERAL SUPPORT

$3,000

CONCORD COMMUNITY CONCERT ASSOCIATION

PURPOSE: SUPPORT OF MISSION

$3,000

NEW HAMPSHIRE PBS

PURPOSE: GENERAL SUPPORT

$2,000
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