Bond Memorial Tr

NINETY SIX, SC EIN: 62-6273017

Bond Memorial Tr is a private foundation, based in NINETY SIX, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $180K in total assets. In 2024, it awarded 3 grants totaling $20K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$180K

-15.4% YoY

Annual Giving

$20K

Grant Count

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Bond Memorial Tr reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Bond Memorial Tr

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $28K (100%)

States

Tennessee

Cities

Soddy Daisy

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$179,697	$212,336	$204,047
Revenue	$-8,782	$8,882	$8,524
Expenses	$23,857	$593	$479
Qualifying Distributions	$20,000	—	—
Net Investment Income	$1,693	$8,289	$8,044
Distributable Amount	$8,410	$8,486	$8,860

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Soddy Elementary School Library ($8,900), Soddy Elementary School Library ($8,500), Soddy Elementary School Library ($2,600).

Recipient	Purpose	Amount
SODDY ELEMENTARY SCHOOL LIBRARY SODDY DAISY, TN	FUND SCHOOL LIBRARY	$8,900
SODDY ELEMENTARY SCHOOL LIBRARY SODDY DAISY, TN	FUND SCHOOL LIBRARY	$8,500
SODDY ELEMENTARY SCHOOL LIBRARY SODDY DAISY, TN	FUND SCHOOL LIBRARY	$2,600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS J BOND III	PRESIDENT/TR	0.25	—
SUZANNE D BOND	VICE-PRESIDE	0.25	—
ALMA B BRYANT	SECRETARY	0.25	—

Frequently Asked Questions

How large is Bond Memorial Tr?

As of 2024, Bond Memorial Tr holds $180K in total assets with $-8,782 in annual revenue. It awarded 3 grants totaling $20K in 2024.

Where does Bond Memorial Tr operate?

Bond Memorial Tr has awarded grants in Tennessee.

What size grants does Bond Memorial Tr award?

In 2024, Bond Memorial Tr awarded 3 grants totaling $20K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Bond Memorial Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bond Memorial Tr reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.