1. Directory
  2. Maryland
  3. Annapolis
  4. ABYC Foundation
EIN 52-1596605

ABYC Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Annapolis
State
Maryland
Year formed
1989
Most recent tax filings
2022-09-01
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
Description
The ABYC Foundation supports the American Boat & Yacht Council, Inc. through programs that provide education scholarships, maintain boats for training, and promote education. Additionally, it invests and administers gifts and funds. The foundation is located in Annapolis, MD.
Related structure
ABYC Foundation is a subordinate organization under American Boat and Yacht Council.
Total revenues
$372,002
2022
Total expenses
$109,357
2022
Total assets
$1,947,275
2022
Num. employees
0
2022

Program areas at ABYC Foundation

Invest and administer gifts and funds
Provide education scholarships, maintain boat for training, and promote education

Who funds ABYC Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Boat and Yacht CouncilPay Down Mortgage$350,000
Kathy and Jerry Wood FoundationTo Provide Resources To the Youth and Talent for Boating Industry$40,000

Personnel at ABYC Foundation

NameTitleCompensation
John AdeySecretary$0
Joseph CharlesChairman$0
David MarlowVice Chairman$0
David SlobodienTreasurer$0
Dave MarlowVice Chairman$0
...and 1 more key personnel

Financials for ABYC Foundation

RevenuesFYE 09/2022
Total grants, contributions, etc.$359,082
Program services$80,158
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-61,901
Net gain from sale of non-inventory assets$-5,337
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$372,002

Form 990s for ABYC Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-15990View PDF
2021-092022-08-12990View PDF
2020-092021-08-13990View PDF
2019-092020-10-14990View PDF
2018-092019-10-11990View PDF
...and 9 more Form 990s
Data update history
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 25, 2023
Received grants
Identified 1 new grant, including a grant for $350,000 from American Boat and Yacht Council
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $40,000 from Kathy and Jerry Wood Foundation
July 28, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
EducationHuman servicesPublic safety
Characteristics
Conservation easementTax deductible donationsNo full-time employees
General information
Address
613 Third St 10
Annapolis, MD 21403
Metro area
Baltimore-Columbia-Towson, MD
County
Anne Arundel County, MD
Website URL
abycinc.org/ 
Phone
(410) 990-4460
IRS details
EIN
52-1596605
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
Free account sign-up

Want updates when ABYC Foundation has new information, or want to find more organizations like ABYC Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy