Nancy And John Hoffmann Foundation
- Assets
- $398.6k
- Revenue
- $194.8k
- Investments
- $326.9k
- Employees
- 0
- Location
- Okatie, SC
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 13-3947796
Organization Overview
Nancy And John Hoffmann Foundation is located in Okatie, SC. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nancy And John Hoffmann Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nancy And John Hoffmann Foundation generated $194.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 66.3% each year . All expenses for the organization totaled $40.4k during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nancy And John Hoffmann Foundation has awarded 98 individual grants totaling $253,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Hoffmann Trustee | 0.5 | $0 | |
John Hoffmann Settlor | 0.5 | $0 | |
Nancy Hoffmann Settlor (deceased) | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,959 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $183,878 |
| Capital Gain Net Income | $183,878 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $194,837 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $487 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $2,387 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $40,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,269 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $10,382 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $398,575 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nancy And John Hoffmann Foundation has awarded $38,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
SPRING ISLAND TRUST PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. | $10,000 |
ST BERNARD'S SCHOOL ANNUAL FUND PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. | $8,000 |
COLGATE UNIVERSITY PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
ANNE MOORE BREAST CANCER RESEARCH PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. | $5,000 |
LAWRENCEVILLE SCHOOL PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. | $3,000 |
LIBRARY OF AMERICA PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Darnall W Boyd Foundation Inc Columbia, SC | $0 | $6,239,520 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Williams Brice Edwards Charitable Trust Sumter, SC | $57,951,375 | $6,028,487 |
The Scott Hudgens Family Foundation Inc Duluth, GA | $0 | $7,703,530 |
The Gift Of Hope Foundation Inc Roswell, GA | $66,505,995 | $8,440,568 |
Edus H & Harriet H Warren Foundation Inc Atlanta, GA | $0 | $46,804 |
William Howard Flowers Jr Thomasville, GA | $119,914,251 | $6,796,177 |
Wade L Layton Charitable Trust Savannah, GA | $6,847,787 | $1,861,389 |