Bayne Foundation Inc
- Assets
- $2.4m
- Revenue
- $583.6k
- Investments
- $2.4m
- Employees
- 0
- Location
- Whitefish, MT
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-1579882
Organization Overview
Bayne Foundation Inc is located in Whitefish, MT. The organization was established in 2013. 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. Bayne 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.
For the year ending 12/2021, Bayne Foundation Inc generated $583.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $185.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bayne Foundation Inc has awarded 33 individual grants totaling $586,316. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEEDS OF CARING - DONATION OF GOODS IN SUPPORT OF SEEDS OF CARING SERVICE PROJECT. SEEDS OF CARING ENGAGES CHILDREN AGES 2-12 THROUGH A VARIETY OF SERVICE, SOCIAL ACTION, AND COMMUNITY BUILDING EXPERIENCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Bayne President | 2.5 | $0 | |
Brittney Cogan Director | 1.25 | $0 | |
Elizabeth G Bayne Secretary/treasurer | 2.5 | $0 | |
Mackenzie E Bayne Director | 1.25 | $0 | |
Patrick M Cogan Director | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $503,014 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,403 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,252 |
| Capital Gain Net Income | $24,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $949 |
| Total Revenue | $583,618 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,867 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,175 |
| Total operating and administrative expenses | $29,262 |
| Contributions, gifts, grants paid | $156,399 |
| Total expenses and disbursements | $185,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,640 |
| 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 | $2,440,592 |
| 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, Bayne Foundation Inc has awarded $156,399 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Whitefish, MT PURPOSE: GENERAL SUPPORT | $77,000 |
Arlington, VA PURPOSE: GENERAL SUPPORT | $24,953 |
Washington, DC PURPOSE: GENERAL SUPPORT | $24,953 |
THE OHIO STATE UNIVERSITY FOUNDATION PURPOSE: GENERAL SUPPORT | $8,109 |
Columbus, OH PURPOSE: GENERAL SUPPORT | $5,772 |
Columbus, OH PURPOSE: GENERAL SUPPORT | $5,093 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
Rob and Terry Ryan Foundation (MONTANA) INC Hamilton, MT | $0 | $1,856,642 |
Michael D And Susan H Arnesonfamily Foundation Inc Gallatin Gateway, MT | $0 | $612,050 |
North Dakota Natural Resources Trust Inc Bismarck, ND | $40,272,608 | $8,625,050 |
Allen Wyoming Foundation Inc Cody, WY | $22,700,817 | $3,733,473 |
Mcm Foundation Inc Boise, ID | $0 | $21,729 |
Cross Charitable Foundation Inc Bozeman, MT | $59,251,378 | $4,939,274 |
Tykeson Fam Charitable Tr Ovando, MT | $84,261,165 | $6,505,228 |