HOSPITALITY BUSINESS NETWORK FOUNDATION INC

HOSPITALITY BUSINESS NETWORK FOUNDATION INC

Marietta, GA, US
501(c)3
EIN
46-2010898
Professional Societies & Associations

HOSPITALITY BUSINESS NETWORK FOUNDATION INC

Marietta, GA, US
501(c)3
EIN
46-2010898
Professional Societies & Associations

Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Hospitality Business Network Foundation Inc is a nonprofit organization focused on education, consisting 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 $97,000 and total revenue of $100.7 million for the filing year 2024, the foundation donates at least 50% of its net proceeds to various military charities. The organization meets formally twice a year and raises funds through membership dues and fundraising events, with no single funder contributing 50% or more of its revenue. More information can be found on their website at hbnfoundation.org.

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
T
Tony Hobson
Board Member
B
Bob Shuler
Board Member
W
William Pate
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.
Overview
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