Bain Foundation

Bain Foundation is a charitable organization in Spartanburg, South Carolina. Its tax id (EIN) is 57-1060455. It was granted tax-exempt status by IRS in December, 1997. For detailed information such as income and other financial data of Bain Foundation, refer to the following table.


Profile of Bain Foundation

Organization Name Bain Foundation
Tax Id (EIN)57-1060455
Address 424 E Kennedy St, Spartanburg, SC 29302-1916
In Care of Name W D Bain Jr Chairman
All tax-exempt organizations in zip code 29302
Tax PeriodAssetIncomeRevenue
December, 2013$14,343$134,263$134,263
December, 2014$391,346$416,161$416,161
December, 2015$326,961$2,345$2,345
December, 2016$310,070$0$0
December, 2017$312,467$0$0
December, 2018$256,590$851$851
December, 2019$289,272$292,520$279,870
December, 2020$320,943$40,749$40,749
December, 2021$361,343$40,933$40,859
December, 2022$307,015$5,579$5,264
December, 2023$338,267$6,056$5,856
IRS Exempt Status Ruling Date December, 1997
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Philanthropy, Voluntarism and Grantmaking Foundations
Tax Exempt Activity Private Grantmaking Foundations
NTEE CodeT20
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(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.)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 Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509(a)(3)
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 - Required to file Form 990-N - Income less than $25,000 per year
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$100,000 to 499,999
Income Range Reported on Form 990$1 to 9,999
Accounting Period 12