A Big Heart Foundation Inc
- Assets
- $21.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 09/2010
- Data as of
- 12/2019
- EIN
- 27-2455936
Organization Overview
A Big Heart Foundation Inc is located in Charlotte, NC. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. A Big Heart Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
A BIG HEART FOUNDATION WAS FOUNDED IN 2010 AS A WAY TO GIVE BACK TO THE CHARLOTTE COMMUNITY. WITH FUNDS RAISED THROUGH OUR ANNUAL TOYS FOR TOTS GOLF TOURNAMENT, WE HAVE DONATED OVER A QUARTER OF A MILLION DOLLARS TO VARIOUS CHARITIABLE CAUSES. THE TOYS FOR TOTS TOURNAMENT IS PLAYED AT THE PALISADES COUNTRY CLUB. THE TOURNAMENT IS THE SECOND LARGEST CONTRIBUTOR TO THE MARINE CORP TOYS FOR TOTS PROGRAM IN THE STATE OF NORTH CAROLINA. SPONSORS SUPPORTING THE EVENT INCLUDE A VARIETY OF BUSINESS LEADERS AND DECISION-MAKERS AMONG PROMINENT COMPANIES IN THE CHARLOTTE AREA. 2017'S TOURNAMENT COLLECTED OVER 35,000 WORTH OF TOYS FOR THE HUNDREDS OF CHILDREN IN THE CHARLOTTE AREA DURING THE HOLIDAY SEASON. THE ORGANIZATION PURCHASED ALL OF THE TOYS AT A LOCAL SHOPPING CENTER IN CHARLOTTE, WHICH GRANTED A SIGNFICANT DISCOUNT SO THAT THE VALUE OF CONTRIBUTIONS COULD BE EXTENDED. (AMOUNT REPORTED ON PART III IS COST OF TOYS.) ALL OF THE TOYS WERE DISTRIBUTED BY THE MARINE CORPS TOYS FOR TOTS FOUNDATION TO NEEDY CHILDREN IN THE CHARLOTTE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John T Burke III Executive Di | 2 | $0 | |
Juliet Rollins Fin Dir (to | 2 | $0 | |
Maryann Martinez Finance Dire | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,734 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$44,938 |
| Other Revenue | $904 |
| Total Revenue | -$4,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $6,706 |
| Total expenses | $28,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,153 |
| Other assets | $0 |
| Total assets | $21,012 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,012 |