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MISSION

The organization will provide charitable giving to qualified nonprofit organizations.

 FORM 1023-EZ for KBB FOUNDATION

KBBFOUNDATION.ORG

DEMOGRAPHIC

ADDRESS
1600 S WENDOVER RD
28211
COUNTY
mecklenburg county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

KBB FOUNDATION is a based in CHARLOTTE, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.. Established in July 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,159,400 among 2,656,690 nonprofits nationally (Top 44%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 25,440 out of 80,207 organizations in NC (Top 32%).

In mecklenburg county, NC, the organization ranks 3,862 out of 10,149 nonprofits by assets (Top 38%), while locally in charlotte, it stands at 3,169 among 8,464 organizations (Top 38%).

The organization reported no revenue in the most recent filing period, placing it at 1,749,377 nationally and 29,139 in NC.

Within its specific NTEE classification (T99 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 3,590 similar organizations, KBB FOUNDATION ranks 1,981 in assets (Top 56%) and 1,123 in revenue (Top 32%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at KBBFOUNDATION.ORG.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T99: Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2019
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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