Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Hospitality Business Network Foundation Inc is a nonprofit organization focused on education, comprised of executives from both public and private sectors who engage in business networking to share ideas, trends, and best practices. With an operating budget of $97K and total revenue of $100.7K for the 2024 filing year, the foundation allocates at least 50% of its net proceeds to various military charities. Key funders include The Community Foundation for Greater Atlanta Inc and The Pfizer Foundation Inc.

Mission Statement

THE HOSPITALITY BUSINESS NETWORK FOUNDATION, INC IS AN ORGANIZATION CONSISTING OF EXECUTIVES FROM THE PUBLIC AND PRIVATE SECTORS ENGAGED IN BUSINESS NETWORKING ACTIVITY FOR THE PURPOSE OF SHARING NEW IDEAS, BUSINESS TRENDS, PAST HISTORIES OF SUCCESS AND FAILURES, AS WELL AS BEST PRACTICES. THE ORGANIZATION MEETS FORMALLY 2 TIMES A YEAR, RAISES MONEY FROM DUES AND VARIOUS FUNDRAISING EVENTS. AT LEAST 50% OF THE NET PROCEEDS OF THE ORGANIZATION ARE BEING DONATED TO VARIOUS MILITARY CHARITIES.
Revenues
$100.7K
Expenses
$97K
Net Income:
+$3.7K
Assets
$41.3K
Liabilities
$132
Net Assets:
+$41.2K
Operating Budget
$97K
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
1
Median grant size
$9K
Largest grant received
$9K
W
Wb Baldwin
Board Member
W
William Pate
Board Member
S
Sharon Goldmacher
Board Member

Frequently Asked Questions

What is HOSPITALITY BUSINESS NETWORK FOUNDATION INC’s budget?
In 2024, HOSPITALITY BUSINESS NETWORK FOUNDATION INC reported an annual operating budget of around $97 thousand. More detailed financial information is available to registered users.
What causes does HOSPITALITY BUSINESS NETWORK FOUNDATION INC support?
HOSPITALITY BUSINESS NETWORK FOUNDATION INC supports work in Education.
Where does HOSPITALITY BUSINESS NETWORK FOUNDATION INC operate?
HOSPITALITY BUSINESS NETWORK FOUNDATION INC is headquartered in Marietta, GA.
Who funded HOSPITALITY BUSINESS NETWORK FOUNDATION INC recently?
In 2024, HOSPITALITY BUSINESS NETWORK FOUNDATION INC received grants from THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC, YOUNG CONTRACTING FOUNDATION INC, and THE PFIZER FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant HOSPITALITY BUSINESS NETWORK FOUNDATION INC received in 2024?
The largest grant to HOSPITALITY BUSINESS NETWORK FOUNDATION INC in 2024 exceeds $9,000.