Back Yard Foundation
- Assets
- $785.6k
- Revenue
- $84.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 26-3574169
Organization Overview
Back Yard Foundation is located in Cary, NC. The organization was established in 2009. 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. Back Yard 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 2020, Back Yard Foundation has awarded 26 individual grants totaling $167,930. 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 |
|---|---|---|---|
Cara Mclauchlan President, Director | 5 | $0 | |
Russell C Mclauchlan Secretary, Treasurer, Dire | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,186 |
| Capital Gain Net Income | $73,186 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $84,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $133 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,341 |
| Contributions, gifts, grants paid | $53,680 |
| Total expenses and disbursements | $56,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,459 |
| 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 | $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 | $534,118 |
| Total assets | $785,577 |
| 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, Back Yard Foundation has awarded $53,680 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
PRETTY IN PINK TOURNAMENT PURPOSE: TO ASSIST WITH THE 2021 PRETTY IN PINK CHARITY GOLF TOURNAMENT | $1,500 |
CAROLINAS GOLF ASSOCIATION PURPOSE: TO SUPPORT LOCAL EVENTS. | $5,000 |
NC SCIENCE OLYMPIAD PURPOSE: TO ASSIST WITH THE 2022 STATE TOURNAMENT | $10,000 |
NC SYMPHONY EDUCATION PROGRAM PURPOSE: TO SUPPORT LOCAL EVENTS. | $10,000 |
TRANS WORLD RADIO PURPOSE: TO ASSIST TERELL FAMILY. | $2,500 |
NAVY SEAL FOUNDATION PURPOSE: TO SUPPORT LOCAL COMMUNITIES. | $5,000 |