Cabot Panther Foundation Inc

The Cabot Panther Foundation Inc. is a U.S. nonprofit organization based in Cabot, Arkansas, and has been tax-exempt since September 2007. It is categorized under Single Organization Support and Educational Institutions and Related Activities, as per the National Taxonomy of Exempt Entities (NTEE)[1].

Purpose and Activities

The foundation is dedicated to supporting the educational purposes of the Cabot School District, including funding for research, education, athletic, and other activities[2]. It organizes various events and fundraisers as its primary revenue sources and aims to donate to non-athletic groups as well as other educational initiatives[3].

Events and Initiatives

One of its notable annual events is the Golf Classic, which serves as a significant fundraiser for the organization. The event typically takes place at the Greystone Country Club in Cabot, Arkansas, and offers sponsorship opportunities to local businesses[4].

The Cabot Panther Foundation also oversees the Cabot Schools Hall of Fame, established in 2008 to honor distinguished graduates of Cabot Public Schools and local leaders who have contributed to excellence in public education[5].

Financial Overview

The foundation generates its revenue primarily from contributions and net fundraising events. In recent years, it has reported significant net income and maintained substantial net assets, which contribute to its ability to support educational and extracurricular activities within the Cabot School District[1].

[1] https://projects.propublica.org/nonprofits/organizations/205841549 [2] https://www.guidestar.org/profile/20-5841549 [3] https://www.cabotpantherfoundation.org/foundation-membership/ [4] https://www.cabotpantherfoundation.org/golf-tournament/ [5] https://www.cabotpantherfoundation.org/hall-of-fame/