Abc Foundation is located in Rhinebeck, NY. The organization was established in 1999. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abc Foundation 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 04/2024, Abc Foundation generated $12.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $26.0k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Abc Foundation has awarded 333 individual grants totaling $155,825. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John T Compton President | 1 | $0 | |
Keely Henderson Secretary | 1 | $0 | |
Anne D Compton Manager | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32 |
| Dividends & Interest | $8,992 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,888 |
| Capital Gain Net Income | $3,888 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,912 |
| 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 | $9,455 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $25,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,050 |
| 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 | $396,820 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,650 |
| 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 | $4,650 |
Over the last fiscal year, Abc Foundation has awarded $16,500 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
AFI PURPOSE: GENERAL OPERATING | $200 |
AMERICARES PURPOSE: GENERAL OPERATING | $100 |
BALLARD PARK FOUNDATION PURPOSE: GENERAL OPERATING | $500 |
CARE PURPOSE: GENERAL OPERATING | $200 |
BORN FREE USA PURPOSE: GENERAL OPERATING | $50 |
FOOD BANK OF THE HUDSON VALLEY PURPOSE: GENERAL OPERATING | $100 |