Taitanchi Foundation Inc

  • Atlanta, GA
  • Tax exemption issued: Dec. 2016
  • EIN: 47-5484709

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$657,226
Expenses
$1,959,138
Net Income
-$1,301,912
Net Assets
$10,586,373
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $23,654
3.6%
Dividends $19,490
3.0%
Sales of Assets $0
Other Income $614,082
93.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,175,478
60.0%
Compensation of Officers* $295,033
15.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,586,373
Total Liabilities $0
Net Assets $10,586,373
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $150,000 $0
Russell Mckellar (Director) $145,033 $0

Document Links

990-PF
Filed on Nov. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$735,128
Expenses
$4,348,647
Net Income
-$3,613,519
Net Assets
$11,931,133
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $156,939
21.3%
Dividends $17,054
2.3%
Sales of Assets -$14,429
Other Income $575,564
78.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $909,511
20.9%
Compensation of Officers* $287,500
6.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,931,133
Total Liabilities $0
Net Assets $11,931,133
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $150,000 $0
Russell Mckellar (Director) $145,033 $0

Document Links

990-PF
Filed on Nov. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,507,961
Expenses
$1,689,117
Net Income
$2,818,844
Net Assets
$15,906,812
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,000,000
88.7%
Interest Revenue $21,073
0.5%
Dividends $16,702
0.4%
Sales of Assets $294,093
6.5%
Other Income $176,093
3.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,363,913
80.7%
Compensation of Officers* $287,500
17.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $15,906,812
Total Liabilities $0
Net Assets $15,906,812
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $150,000 $0
Russell Mckellar (Director) $137,500 $0
Amanda Hobaugh (Bookkeeper) $95,000 $0
Elizabeth Parker (Vice President) $0 $0
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Document Links

990-PF
Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,243,252
Expenses
$4,982,772
Net Income
$1,260,480
Net Assets
$12,316,797
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $6,080,000
97.4%
Interest Revenue $8,647
0.1%
Dividends $15,055
0.2%
Sales of Assets $52,958
0.8%
Other Income $86,592
1.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,616,117
92.6%
Compensation of Officers* $287,500
5.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,316,797
Total Liabilities $0
Net Assets $12,316,797
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $150,000 $4,397
Russell Mckellar (Director) $137,500 $4,030
Amanda Hobaugh (Bookkeeper) $95,000 $2,785
Elizabeth Parker (Vice President) $0 $0
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Document Links

990-PF
Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,547,311
Expenses
$4,795,270
Net Income
$1,752,041
Net Assets
$10,765,021
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $6,313,500
96.4%
Interest Revenue $16,636
0.3%
Dividends $12,920
0.2%
Sales of Assets $166,979
2.6%
Other Income $37,276
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,548,741
94.9%
Compensation of Officers* $287,500
6.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,765,022
Total Liabilities $1
Net Assets $10,765,021
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $150,000 $21,736
Russell Mckellar (Director) $137,500 $19,925
Amanda Hobaugh (Bookkeeper) $95,000 $13,766
Elizabeth Parker (Vice President) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,244,517
Expenses
$6,128,396
Net Income
-$1,883,879
Net Assets
$7,863,089
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,120,000
97.1%
Interest Revenue $66,516
1.6%
Dividends $11,461
0.3%
Sales of Assets $0
Other Income $80,645
1.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,526,745
90.2%
Compensation of Officers* $297,150
4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,320,655
Total Liabilities $457,566
Net Assets $7,863,089
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $150,000 $21,314
Russell Mckellar (Director) $147,150 $20,909
Amanda Hobaugh (Bookkeeper) $95,000 $13,499
Elizabeth Parker (Vice President) $0 $0
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Document Links

990-PF
Filed on Nov. 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,689,473
Expenses
$5,726,395
Net Income
-$1,036,922
Net Assets
$9,275,437
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,510,000
96.2%
Interest Revenue $190,466
4.1%
Dividends $64
0.0%
Sales of Assets -$11,215
Other Income $158
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,487,364
95.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,275,437
Total Liabilities $0
Net Assets $9,275,437
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $0 $0
Russell Mckellar (Director) $0 $0

Document Links

990-PF
Filed on Nov. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,725,529
Expenses
$7,518,426
Net Income
-$1,792,897
Net Assets
$10,571,971
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,562,300
97.1%
Interest Revenue $228,937
4.0%
Dividends $820
0.0%
Sales of Assets -$67,270
Other Income $742
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $7,250,166
96.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,571,971
Total Liabilities $0
Net Assets $10,571,971
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $0 $0
Russell Mckellar (Director) $0 $0

Document Links

990-PF
Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$15,093,317
Expenses
$6,002,870
Net Income
$9,090,447
Net Assets
$12,180,227
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $15,000,000
99.4%
Interest Revenue $103,651
0.7%
Dividends $96
0.0%
Sales of Assets -$10,430
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,833,979
97.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,180,227
Total Liabilities $0
Net Assets $12,180,227
Compensation
Key Employees and Officers Compensation Other
Margaret Bear (President, Director) $0 $0
Russell Mckellar (Director) $0 $0

Document Links

990-PF
Filed on Aug. 14, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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