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← GIVING BRANCH FOUNDATION

Form 990 for tax year 2023

Filed by GIVING BRANCH FOUNDATION.

Totals

Total revenue
$1,003,321
Total expenses
$1,055,390
Contributions and grants received
$1,000,899
Grants paid
$1,000,433
Program service revenue
$0
Investment income
-$168
Other revenue
$2,590
Total assets, end of year
$498,627
Total liabilities, end of year
$4,340
Net assets or fund balances, end of year
$494,287
Program services expenses (Part IX)
$1,000,433
Management and general expenses
$45,822
Fundraising expenses
$9,135
Program service expenses (Part III)
$1,000,433

Program services were 94.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $526,107

  • 1f · All other contributions, gifts and grants

    $474,792

  • 3 · Investment income

    total $7,056 · excluded $7,056

  • 7a · Gross sales of assets other than inventory

    securities $66,570 · other assets $115

  • 7b · Less cost or other basis and sales expenses

    securities $73,909

  • 7c · Gain or loss

    securities -$7,339 · other assets $115

  • 7d · Net gain or loss

    total -$7,224 · excluded -$7,224

  • 8a · Fundraising events: gross income

    $13,220

  • 8b · Fundraising events: direct expenses

    $10,630

  • 8c · Net income from fundraising events

    total $2,590

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $383,665 · program services $383,665

  • 2 · Grants to domestic individuals

    total $616,768 · program services $616,768

  • 11a · Fees: management

    total $36,000 · management and general $36,000

  • 11c · Fees: accounting

    total $1,500 · management and general $1,500

  • 11f · Fees: investment management

    total $2,002 · management and general $2,002

  • 12 · Advertising and promotion

    total $8,584 · fundraising $8,584

  • 13 · Office expenses

    total $14 · management and general $14

  • 16 · Occupancy

    total $6,000 · management and general $6,000

  • 17 · Travel

    total $296 · fundraising $296

  • 24a · Other expenses: BANK CHARGES

    total $295 · management and general $295

  • 24b · Other expenses: SUPPLIES

    total $255 · fundraising $255

  • 24c · Other expenses: TAXES/LICENSES/PERMITS

    total $11 · management and general $11

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $364,458 · end of year $273,398

  • 11 · Investments: publicly traded securities

    beginning of year $164,960 · end of year $225,229

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,500 · end of year $4,340

  • 27 · Net assets without donor restrictions

    beginning of year $525,918 · end of year $494,287

Mission and programs · 2023

Mission

THE PURPOSE OF THE GIVING BRANCH FOUNDATION IS TO BENEFIT AND SUPPORT INDIVIDUALS AND FAMILIES IN NEED IN THE COMMUNITIES IN WHICH THE OFFICES OF FLAT BRANCH MORTGAGE, INC. ARE LOCATED; AND SECONDARILY TO SUPPORT ORGANIZATIONS AND INDIVIDUALS THE FOUNDATION DEEMS DESERVING.

Activities or mission (Part I)

THE MISSION OF THE GIVING BRANCH FOUNDATION IS TO SHOW LOVE IN THE COMMUNITIES WE SERVE BY PROVIDING FINANCIAL ASSISTANCE TO THOSE IN NEED.

  • IN 2023, THE FOUNDATION SUPPORTED 178 NOT-FOR-PROFIT ORGANIZATIONS, PROVIDED SUPPORT TO 264 INDIVIDUALS/FAMILIES, GRANTED 18 SCHOLARSHIPS TO WORKING ADULTS, PAID OUT 30 DOWN PAYMENT ASSISTANCE GRANTS TO FAMILIES, AND HELPED TO PROVIDE FUNDING TO 58 UNITED WAY ORGANIZATIONS.

    Expenses $1,000,433 · Grants $1,000,433

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Emily Harvey

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Sarah Craig

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Melissa Schnedler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steven Clifford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Megan Sievers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • FLAT BRANCH MORTGAGE INC

    MORTGAGES · MO

Provenance

Return type
form_990
Tax year
2023
Filed
31 October 2024
IRS schema version
2023v5.0
Source object
202403059349301985

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