Program areas at Project 58
Project 58 achieved its purposes in 2020 by contributing 250,492 to other nonprofit organizations in 2020. These nonprofit organizations included davidson county crisis ministry, 911 babies life village, forsyth jail prison ministries, global outreach, hands and feet Project, hope city church missions, love life, museum of the bible, new life family outreach, national christian foundation, pastors pantry, salem pregnancy care center, seven homes inc, the dragonfly house, the pregnancy network, as well as other nonprofit organizations. Project 58 will only make such distributions if doing so would further the exempt religious purposes of Project 58 of sharing the love and grace of jesus with others most specifically through the provision of medical, food, shelter, rehabilitative counseling and services, and education for those in need.
Grants made by Project 58
Personnel at Project 58
| Name | Title | Compensation | Date of data |
|---|
| Roy Morgan | President | $0 | 2023-11-15 |
Financials for Project 58
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $518,943 | $4,113,829 | -87.4% |
| Investment income and dividends | $67,581 | $17,350 | 289.5% |
| Net rental income | $0 | $12,000 | -100% |
| Net gain from sale of non-inventory assets | $-14,782 | $-101 | -14535.6% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $571,742 | $4,143,078 | -86.2% |
Organizations like Project 58
| Organization | Type | Location | Revenue |
|---|
| Joysong Foundation | 501(c)(3) | Evansville, IN | $167,336 |
| KBL Mission Foundation | 501(c)(3) | Nacogdoches, TX | $1,201,578 |
| Richard and Christine Mack Family Founda | 501(c)(3) | Fort Lee, NJ | $502,475 |
| Bethesda Mission Associates | 501(c)(3) | Bethesda, MD | $507,356 |
| Technical Assistance Mission | 501(c)(3) | Marlette, MI | $842,178 |
| Arington Family Office Foundation | 501(c)(3) | Mason, OH | $680,441 |
| 41 Washington St Foundation | 501(c)(3) | Grand Haven, MI | $222,288 |
| The Tinervin Family Foundation | 501(c)(3) | Bloomington, IL | $957,373 |
| The Lawrence and Carol Saper Foundation | 501(c)(3) | New York, NY | $272,755 |
| Chaldean Sisters Daughters of Mary Immaculate | 501(c)(3) | Farmington Hills, MI | $486,841 |
Data update history
January 8, 2024
Posted financials
Added Form 990PF for fiscal year 2022
June 12, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 3, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
EducationReligion
Characteristics
ReligiousChristianProvides grantsState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 908 Country Club Dr
- Lexington, NC 27292
- Metro area
- Winston-Salem, NC
- County
- Davidson County, NC
IRS details
- EIN
- 81-2188516
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2016
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- X20: Christian
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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