Project Philanthropy
- Assets
- $637.8k
- Revenue
- $476.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Bozeman, MT
- Founding
- Data as of
- 12/2015
- EIN
- 20-4862885
Organization Overview
Project Philanthropy is located in Bozeman, MT. As of 12/2015, Project Philanthropy employed 3 individuals. Project Philanthropy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL AID AND SUPPORT THROUGH CONTRIBUTIONS, GRANTS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO ORGANIZATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKING OF GIFTS, GRANTS AND CONTRIBUTIONS TO A VARIETY OF TAX EXEMPT ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WHOSE MISSION IS TO PROMOTE HUMAN, SOCIAL AND COMMUNITY WELFARE, EDUCATION, MEDICAL AND SCIENTIFIC RESEARCH, LITERATURE AND THE ARTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Babcock President/treas | OfficerTrustee | 40 | $69,669 |
Josh Amidon Director | Trustee | 1 | $0 |
Ryan Bartholomew Director | Trustee | 1 | $0 |
Stacey Herries Director | Trustee | 1 | $0 |
Jimmy Verzuh Director | Trustee | 1 | $0 |
Crystal Pintar Secretary | Officer | 20 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Resort Closings Inc Timeshare Closing | 12/30/15 | $522,003 |
Timeshare Specialists Inc Timeshare Marketing | 12/30/15 | $494,310 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,861,860 |
| Noncash contributions included in lines 1a–1f | $604,651 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,861,860 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,385,502 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,358 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,153 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,669 |
| Compensation of current officers, directors, key employees. | $41,105 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,901 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111,979 |
| Fees for services: Accounting | $10,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,077 |
| Office expenses | $460 |
| Information technology | $679 |
| Royalties | $0 |
| Occupancy | $15,754 |
| Travel | $3,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,236 |
| Insurance | $2,607 |
| All other expenses | $30 |
| Total functional expenses | $393,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,349 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $98,451 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $618 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $359,372 |
| Total assets | $637,790 |
| Accounts payable and accrued expenses | $8,203 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $6,050 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4 |
| Total liabilities | $14,257 |
| Unrestricted restricted net Assets | $623,533 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $623,533 |
Grants Awarded
Over the last fiscal year, Project Philanthropy has awarded $72,403 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BIG SKY YOUTH EMPOWERMENT PRO | | | $12,470 |
BOZEMAN SUMMIT SCHOOL | | | $20,000 |
FEED THE CHILDREN | | | $8,342 |
MAKE A WISH FOUNDATION | | | $5,169 |
MSU ALUMNI FOUNDATION | | | $6,750 |
THRIVE | | | $14,117 |