Public nonprofit record
TBC FOUNDATION
EIN 99-5017980 · Protestant (X21)
What they do
to Steward and Responsibly Manage The Charitable Assets Received From The Dissolution of Trinity Baptist Church and to Advance Charitable, Religious, and Community Initiatives Through Strategic Grantmaking to Qualified Section 501(c)(3) Organizations Under The Oversight of The Board of Directors.
Money
Tax year 2025Financial picture
Revenue$2,314,375
Expenses$134,984
Assets$2,187,738
Income$2,667,146
Contributions$1,946,166
Grants given$88,500
Average grant$12,643
Management$8,347
Stocks and bonds$2,093,916
Investing fees$8,347
About this charity
- Recognized since
- January 2024
- Location
- 312 Falls Village Drive, Durham, NC 27675
- County
- Wake
- In care of
- Michael Kennon
- Primary officer
- Michael Kennon, President
How to reach them
Filing and classification
- Latest tax year
- 2025
- Tax period began
- January 1, 2025
- Return type
- 990
- Tax preparer
- PROXIMITY TAX STRATEGIES
- NTEE classification
- Protestant (X21)
- IRS tax category
- Protestant
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1700
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1
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