Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ABAC FOUNDATION INC is a nonprofit focused on scholarships and financial aid as well as business and industry, with a mission to unite broadcast professionals, educate members on current issues affecting broadcast media, and promote higher standards in electronic advertising and broadcast business practices. For filing year 2024, it operated at a modest scale with a $162.9K operating budget and $148.6K in total revenue, and its listed top funders include HARLEY LANGDALE JR FOUNDATION INC, MONTGOMERY FAMILY FOUNDATION INC, and SCHOLARSHIP FOUNDATION OF SOUTHWEST GEORGIA INC.

Mission Statement

ABAC IS A NON-PROFIT ORGANIZATION WHOSE GOALS ARE: TO UNITE RESPONSIBLE PERSONS WHO ARE PROFESSIONALLY ENGAGED IN RADIO, TELEVISION AND OTHER BRODCAST RELATED FIELDS. TO EDUCATE OUR MEMBERS ON CURRENT TOPICS THAT AFFECT BROADCAST MEDIA. TO ENCOURAGE EVER-HIGHER STANDARDS FOR ELECTRONIC ADVERTISING AND FOR THE BROADCAST INDUSTRY IN PERFORMANCE, PUBLIC RESPONSIBILITY AND BUSINESS PRACTICES.
Revenues
$148.6K
Expenses
$168.9K
Net Income:
-$20.3K
Assets
$13.4K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$162.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$10K
Largest grant received
$27.8K
D
Darryn Persaud
Board Member
A
Ally Crabtree
Board Member
A
Ally Postell
Board Member
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  • 10 funders
  • 18 board & team members
  • 14 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is ABAC FOUNDATION INC’s budget?
In 2024, ABAC FOUNDATION INC reported an annual operating budget of around $163 thousand. More detailed financial information is available to registered users.
What causes does ABAC FOUNDATION INC support?
ABAC FOUNDATION INC supports work in Business and industry and Scholarships & Financial Aid.
Where does ABAC FOUNDATION INC operate?
ABAC FOUNDATION INC is headquartered in Atlanta, GA.
Who funded ABAC FOUNDATION INC recently?
In 2025, ABAC FOUNDATION INC received grants from HARLEY LANGDALE JR FOUNDATION INC, THE TOM PERRY FAMILY FOUNDATION, and SCHOLARSHIP FOUNDATION OF SOUTHWEST GEORGIA INC. More information on this organization’s funders is available to registered users.
What is the largest grant ABAC FOUNDATION INC received in 2024?
The largest grant to ABAC FOUNDATION INC in 2024 exceeds $28 thousand.