Nonprofit · EIN 57-1060455
BAIN FOUNDATION
Tax-exempt · SPARTANBURG, SC 29302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $26,743 | $8,767 | $17,976 | $415,961 | $0 | $415,961 |
| December 31, 2024 | 990 | $6,767 | $11,283 | -$4,516 | $361,596 | $0 | $361,596 |
| December 31, 2023 | 990 | $5,856 | $7,821 | -$1,965 | $338,267 | $0 | $338,267 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,000
- Program service revenue
- $0
- Investment income
- $18,743
- Net gain from sales of assets
- $10,296
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $3,000
- Management and general (functional)
- $5,767
Balance sheet and other
- Total assets, start of year
- $361,596
- Total assets, end of year
- $415,961
- Total liabilities, end of year
- $0
- Net assets, end of year
- $415,961
- Publicly traded securities
- $415,961
- Net assets without donor restrictions
- $415,961
- Gross receipts
- $26,743
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1996
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE A BAIN | CHAIRWOMAN & SECRETARY Trustee or director, Officer | 1 | $0 |
| KITTLER ZIBART | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| NANCY B COTE | PRESIDENT & TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE A BAIN | CHAIRMAN & SECRETARY Trustee or director, Officer | 1 | $0 |
| KITTLER ZIBART | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| NANCY B COTE | PRESIDENT & TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA A BAIN | CHAIRMAN & SECRETARY Trustee or director, Officer | 1 | $0 |
| KITTLER ZIBART | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| NANCY B COTE | PRESIDENT & TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 424 E KENNEDY ST, SPARTANBURG, SC 29302-1916
- In care of
- % W D BAIN JR CHAIRMAN
- Principal officer (990 for 2025)
- Nancy B Cote, 424 E Kennedy Street, Spartanburg, SC 29302
- Signed the 990
- Nancy B Cote, PRESIDENT
- Phone
- (864) 582-0138
- Return prepared by
- Forvis Mazars LLP
Mission
Charitable and philanthropic endeavors in support of and in conjunction with the Spartanburg county foundation.
Program accomplishments
- Grants to support philanthropic endeavors in Spartanburg county in support of the Spartanburg county foundation.Expenses $3,000 · grants $3,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 57-1060455
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20I)
- Assets (IRS master file)
- $415,961
- Income (IRS master file)
- $26,743
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $26,743 | $8,767 | $415,961 | IRS |
| 990 | December 2024 | $6,767 | $11,283 | $361,596 | XML |
| 990 | December 2023 | $5,856 | $7,821 | $338,267 | XML |
| 990 | December 2022 | $5,264 | $10,934 | $307,015 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-1060455).
Questions about BAIN FOUNDATION
- What is the EIN of BAIN FOUNDATION?
- The employer identification number (EIN) of BAIN FOUNDATION is 57-1060455.
- Is BAIN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to BAIN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BAIN FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BAIN FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAIN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BAIN FOUNDATION?
- The 990 for the year ended December 31, 2025 names Nancy B Cote.
- Who are the officers and directors of BAIN FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does BAIN FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $26,743, expenses of $8,767 and total assets of $415,961 at year end.
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All nonprofits in SPARTANBURG · South Carolina · Philanthropy, voluntarism and grantmaking foundations