R A Bryan Foundation Inc is located in Goldsboro, NC. The organization was established in 1958. 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. R A Bryan 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 12/2023, R A Bryan Foundation Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, R A Bryan Foundation Inc has awarded 269 individual grants totaling $6,471,479. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Stephen C Bryan President | 2.5 | $0 | |
| R A Bryan III Director | 0.5 | $0 | |
| Ann B Huffman Director | 0.5 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $1,085 | 
| Dividends & Interest | $448,612 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $2,486,447 | 
| Capital Gain Net Income | $2,486,447 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $2,936,144 | 
| 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 | $72,932 | 
| Contributions, gifts, grants paid | $1,218,750 | 
| Total expenses and disbursements | $1,291,682 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $586,379 | 
| 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 | $0 | 
| Total assets | $21,244,549 | 
| 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 | 
Over the last fiscal year, R A Bryan Foundation Inc has awarded $1,218,750 in support to 36 organizations.
| Grant Recipient | Amount | 
|---|---|
| 3HC PURPOSE: HEALTHCARE | $40,000 | 
| AMERICAN CANCER SOCIETY PURPOSE: HEALTH CARE | $4,000 | 
| AMERICAN RED CROSS WILMINGTON PURPOSE: HUMAN SERVICES | $50,000 | 
| AQUARIUM SOCIETY OF NC PURPOSE: HUMAN SERVICES | $25,000 | 
| BOYS AND GIRLS CLUBS OF WAYNE COUNTY PURPOSE: HUMAN SERVICES | $5,000 | 
| CAMP SEA GULL & CAMP SEAFARER PURPOSE: CHILDREN'S CAMP | $10,000 |