Raymond B Yingling Foundation
- Assets
- $1.5m
- Revenue
- -$21.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Fairmont, NC
- Founding
- 12/2006
- Data as of
- 06/2023
- EIN
- 20-5227614
Organization Overview
Raymond B Yingling Foundation is located in Fairmont, NC. The organization was established in 2006. 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. Raymond B Yingling Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Raymond B Yingling Foundation has awarded 33 individual grants totaling $503,750. 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) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn J Malion Director/president | 1 | $0 | |
Harold E Malion Jr Director | 1 | $0 | |
Harold E Malion III Director/ Secretary | 1 | $0 | |
Michael B Malion Director/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,845 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$58,548 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$21,703 |
| 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 | $0 |
| Total operating and administrative expenses | $11,427 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $76,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,381 |
| 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 | $1,513,073 |
| 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, Raymond B Yingling Foundation has awarded $65,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BALTIMORE BAPTIST CHURCH PURPOSE: TO FUND CHURCH ACTIVITIES TO HELP NURTURE FAITH AND HELP INDIVIDUALS AND FAMILIES GAIN STRENGTH. | $10,950 |
UNC ESHELMAN SCHOOL OF PHARMACY FOUNDATION INC PURPOSE: TO FOSTER AND PROMOTE THE PROFESSION OF PHARMACY AND PHARMACEUTICAL EDUCATION AND RESEARCH | $31,100 |
UNC HEALTH FOUNDATION PURPOSE: TO FUND FOUNDATION ACTIVITIES | $12,000 |
TRINITY UNITED METHODIST PURPOSE: TO FUND CHURCH ACTIVITES | $10,950 |