OLD BALDY FOUNDATION INC
AI Summary
The OLD BALDY FOUNDATION INC is dedicated to the historic preservation of Old Baldy, a lighthouse on Bald Head Island, NC, through restoration efforts funded by public donations, retail sales, and various fees. With an operating budget of $519.4K and total revenue of $925.2K for the 2024 filing year, the foundation receives significant support from key funders, including the Cynthia & George Mitchell Foundation and Duke Energy Foundation. The organization does not rely on any single funder for 50% or more of its revenue. For more information, visit www.oldbaldy.org.
Mission Statement
PURPOSE OF THE FOUNDATION IS THE OPERATION AND RESTORATION OF OLD BALDY, A LIGHTHOUSE ON BALD HEAD ISLAND, NC. THIS IS DONE THROUGH PUBLIC DONATIONS, RETAIL SALES, MUSEUM AND LIGHTHOUSE FEES AND SPECIAL TOURS/PROGRAMS.
Cause Areas
1
Historic preservation
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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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Frequently Asked Questions
What is OLD BALDY FOUNDATION INC’s budget?
In 2024, OLD BALDY FOUNDATION INC reported an annual operating budget of around $519 thousand. More detailed financial information is available to registered users.
What causes does OLD BALDY FOUNDATION INC support?
OLD BALDY FOUNDATION INC supports work in Historic preservation.
Where does OLD BALDY FOUNDATION INC operate?
OLD BALDY FOUNDATION INC is headquartered in Bald Head Island, NC.
Who funded OLD BALDY FOUNDATION INC recently?
In 2025, OLD BALDY FOUNDATION INC received grants from JOE L & HESTER SIMS FAMILY FOUNDATION, The Cynthia & George Mitchell Foundation, and The Cynthia & George Mitchell Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant OLD BALDY FOUNDATION INC received in 2024?
The largest grant to OLD BALDY FOUNDATION INC in 2024 exceeds $56 thousand.
What is OLD BALDY FOUNDATION INC’s reliance on government grants?
OLD BALDY FOUNDATION INC relied on government grants for more than 45% of their total revenue in 2024.