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EIN 56-1647986

Foundation for Good Business

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Raleigh
State
North Carolina
Year formed
1989
Most recent tax filings
2023-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Foundation for Good Business ensures children receive the development, support, and education needed to build a foundation for independence and success. The Foundation provides scholarships to disadvantaged youth and mentors those with potential to become high achievers in their communities. Additionally, the Foundation serves as an educational advocate to assist in supporting and nurturing young minds.
Total revenues
$103,448
2023
Total expenses
$89,078
2023
Total assets
$582,722
2023
Num. employees
0
2023

Program areas at Foundation for Good Business

Foundation for Good Business provides scholarships to disadvantaged youth. The Foundation mentors young people who have the potential to become high achievers in their communities. The Foundation serves as an educational advocate to assist in supporting and developing these students so they will succeed in school and life.

Who funds Foundation for Good Business

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Seby B Jones Family FoundationCommunity Awareness$10,000
Carolina Community Development CorporationScholarship At-Risk Youth$2,000

Personnel at Foundation for Good Business

NameTitleCompensation
Rufus L EdmistenChairman Founder$0
Tara J BrittExecutive Vice President$11,520
Robert L JonesPresident$0
Anna E SmithVice President$0
Cheryl MattinglyVice President Secretary and Treasur$0
...and 1 more key personnel

Financials for Foundation for Good Business

RevenuesFYE 12/2023
Total grants, contributions, etc.$76,530
Program services$0
Investment income and dividends$21,368
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$660
Net income from fundraising events$4,890
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$103,448

Form 990s for Foundation for Good Business

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-25990View PDF
2022-122023-05-11990View PDF
2021-122022-07-20990View PDF
2020-122021-07-23990View PDF
2019-122021-02-09990View PDF
...and 9 more Form 990s
Data update history
May 19, 2024
Received grants
Identified 3 new grant, including a grant for $15,000 from Foundation for the Carolinas
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Foundation for the Carolinas
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
Provides grantsFundraising eventsProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 26762
Raleigh, NC 27611
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
specialsuperkids.com/ 
Phone
(919) 829-1988
IRS details
EIN
56-1647986
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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