Southern Bank Foundation is a charitable organization in Mt. Olive, North Carolina. Its tax id (EIN) is 56-2002871. It was granted tax-exempt status by IRS in October, 1997. For detailed information such as income and other financial data of Southern Bank Foundation, refer to the following table.
| Organization Name | Southern Bank Foundation |
|---|---|
| Tax Id (EIN) | 56-2002871 |
| Address | Po Box 729, Mt. Olive, NC 28365-0729 |
| In Care of Name | David Sauls |
| All tax-exempt organizations in zip code 28365 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| December, 2012 | $12,538,962 | $5,229,408 | $0 |
| December, 2013 | $13,300,787 | $2,429,681 | $0 |
| December, 2015 | $13,672,632 | $3,285,935 | $0 |
| December, 2016 | $13,660,070 | $1,909,921 | $0 |
| December, 2017 | $14,210,200 | $2,883,911 | $0 |
| December, 2018 | $14,569,442 | $2,491,415 | $0 |
| December, 2019 | $14,299,470 | $3,272,708 | $0 |
| December, 2020 | $14,881,321 | $1,732,575 | $0 |
| December, 2021 | $14,785,599 | $5,538,653 | $0 |
| December, 2022 | $15,193,905 | $1,174,695 | $0 |
| December, 2023 | $15,850,644 | $4,340,423 | $0 |
| IRS Exempt Status Ruling Date | October, 1997 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are deductible |
| Tax Exempt Classification | Philanthropy, Voluntarism and Grantmaking Foundations |
| Tax Exempt Activity | Private Independent Foundations |
| NTEE Code | T22 |
| Organization's purposes, activities, & operations |
Gifts, grants, or loans to other organizations
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | Private non-operating foundation |
| Organization Type | Corporation |
| Organization Classification | Charitable Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 - Not required to file (all other) |
| Private Foundation Filing Requirement | Need to file 990-PF return |
| Asset Range Reported on Form 990 | $10,000,000 to 49,999,999 |
| Income Range Reported on Form 990 | $1,000,000 to 4,999,999 |
| Accounting Period | 12 |