NonprofitsFund For The Common Good

Private Grantmaking Foundations

Fund For The Common Good

FULTON, MD

Total revenue

$962K

Total expenses

$11.1M

Net assets

$5.7M

Grants received

EIN

843726722

Tax year

2024

Mission

The Organizations principal activity is the promotion of social welfare through the provision of strategic and financial support to other organizations that support the organizations mission and are exempt under IRC 501(c)(3) or 501 (c)(4).

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$962K
Other revenue
Total revenue$962K

Expenses

Grants paid$11.1M
Salaries & benefits
Fundraising
Other expenses$46K
Total expenses$11.1M
Total assets$5.7M
Net assets$5.7M

People

6 listed

NameRoleCompensation

Matthew Bainum

Director

Board

0.25 hrs/wk

Mary C Acker

Secretary/Treasurer

Board

0.5 hrs/wk

David J Korotkin

Assistant Secretary

Board

0.25 hrs/wk

Stewart Bainum Jr

President and Director

Board

2 hrs/wk

Sandra Bainum

Director

Board

0.5 hrs/wk

Bradford Bainum

Director

Board

0.25 hrs/wk

Details

EIN843726722
NTEE codeT20
Subsection04
Ruling date2020-04
Formed2019
Employees0
Volunteers4
FUND FOR THE COMMON GOOD — Mission, Financials & Grants Received | Grantivo