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Bain Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 571060455 ✦ Spartanburg, SC ✦ Designated as a 501(c)(3)

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Overview

What is Bain Foundation?

The Bain Foundation is a nonprofit organization situated in Spartanburg County, South Carolina, specifically at 424 E Kennedy Street, Spartanburg. Its primary focus is on philanthropic work, collaborating extensively with the Spartanburg County Foundation. The foundation's mission involves charitable endeavors, aiming to contribute positively and supportively to the local community in Spartanburg County. The Bain Foundation's activities are aligned with the goals and objectives of the Spartanburg County Foundation.

Is Bain Foundation legitimate?

Bain Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bain Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bain Foundation?

The Bain Foundation engages in charitable and philanthropic activities, collaborating with the Spartanburg County Foundation. Their mission is to provide financial support for philanthropic endeavors in Spartanburg County, aligning with the objectives of the Spartanburg County Foundation. The foundation focuses on granting funds to promote charitable initiatives within the county, thereby contributing to its development and betterment.

Who is the CEO of Bain Foundation?

Nancy B Cote is the Chairman And Secretary of Bain Foundation.

What is the revenue of Bain Foundation?

Bain Foundation's revenue in 2022 was $5,264.

Who are the executives of Bain Foundation and what are their salaries?

There 3 volunteers at Bain Foundation.


Here are 3 key members and their salaries:


Anne A Bain (Chairman And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy B Cote (President And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kittler B Zibart (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bain Foundation?

Bain Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bain Foundation

The Bain Foundation is dedicated to charitable and philanthropic endeavors, working in collaboration with the Spartanburg County Foundation. Its mission is to provide grants and support for philanthropic initiatives within Spartanburg County, aiming to align with the objectives of the Spartanburg County Foundation. This nonprofit organization's activities are centered around furthering philanthropic causes in the community, thereby contributing to the betterment of Spartanburg County.

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Impact




October, 2024

The Bain Foundation significantly enhances the philanthropic landscape in Spartanburg County, South Carolina, through strategic grants that bolster various charitable initiatives. By collaborating closely with the Spartanburg County Foundation, the Bain Foundation facilitates impactful endeavors that address community needs and foster local development. Its commitment to philanthropy translates into tangible benefits for the residents of Spartanburg County, supporting a range of programs and projects aimed at improving quality of life and promoting community well-being. Through these efforts, the Bain Foundation plays a crucial role in nurturing partnerships and stimulating positive change in the region.




This information is meant to be a general summary of Bain Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,264 (2022)
Expenses
$10,934 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,264
  • Gross Receipts: $5,579

Assets and Liabilities:

  • Total Assets: $307,015
  • Total Liabilities: $0
  • Net Assets: $307,015

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Organization Details

Founding Year

1996

Principal Officer

Nancy B Cote

Main Address

424 E KENNEDY STREET, SPARTANBURG, SC, 29302

NTEE Category

Code: T20I - Philanthropy

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