1687 Foundation

The information for 1687 Foundation is as of the organization's most recent filing in October 2020. This organization is located in Plano, TX. It has been in existence for 6 years, following its founding in 2014.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The 1687 Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Program Areas

Program Area 1: The organization supports the free distribution of Christian books for charitable education and religious purposes.

Program Area 2: The organization provides grant and contributions to charitable organizations to support their work.

Program Area 3: The organization provides free retreats to nonprofit entities, which is funded through the general fund and not reported by any other fund or program.

Program Area 4: The Museum for Education (Classic Car and Baseball) is a part of the general fund, where the organization reports all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Grant History

Our dataset has four years of grant history for the 1687 Foundation. In that time, they have awarded 144 grants, with an average check size of $46,455. The majority of grants were awarded in the Human Services sector (22), followed by Education (6) and Religion-Related (4). The organization most frequently awards grants in the state of Texas (116), followed by Pennsylvania (2), Virginia (1), Maryland (1), Oklahoma (3), Georgia (5), Washington D.C. (1), California (2), Missouri (1), Ohio (2), Alabama (3), Tennessee (4), and Oregon (3).