Hoffer Family Foundation Inc
- Assets
- $1.3m
- Revenue
- $192.6k
- Investments
- $1.2m
- Employees
- 0
- Location
- Punta Gorda, FL
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 26-1719943
Organization Overview
Hoffer Family Foundation Inc is located in Punta Gorda, FL. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Hoffer Family Foundation Inc 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, Hoffer Family Foundation Inc generated $192.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $77.4k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 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, Hoffer Family Foundation Inc has awarded 62 individual grants totaling $186,061. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Atherstone Vice Pres | 0 | $0 | |
Diane Hoffer President | 0 | $0 | |
Erik Hoffer Sec/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $41,973 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,918 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $126,695 |
| Capital Gain Net Income | $838 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $192,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $164 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,357 |
| Total operating and administrative expenses | $36,214 |
| Contributions, gifts, grants paid | $41,200 |
| Total expenses and disbursements | $77,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,549 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| 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 | $1,312,927 |
| 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 | $186,838 |
| Total liabilities | $186,838 |
Grants Awarded
Over the last fiscal year, Hoffer Family Foundation Inc has awarded $41,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HARRY CHAPIN FOOD BANK PURPOSE: PROVIDE FOOD FOR HUNGRY IN SW FLORID | $15,000 |
ANIMAL WELFARE LEAGUE PURPOSE: PROVIDE WELFARE FOR HOMELESS ANIMALS | $6,000 |
BOYS & GIRLS CLUB PURPOSE: PROVIDE AFTER SCHOOL PROGRAMS | $6,000 |
Punta Gorda, FL PURPOSE: PROVIDE ASSISTANCE FOR KIDS IN NEED | $5,060 |
VIRGINIA B ANDES CLINIC PURPOSE: PROVIDE MEDICAL SVCS FOR THE NEEDY | $5,000 |
Punta Gorda, FL PURPOSE: CONNECT PPL WHO CARE W/CAUSES THT MT | $1,565 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Daniel E Offutt Iii Charitable Tr Sarasota, FL | $1,076,359 | $6,500,161 |
BBVA Foundation Birmingham, AL | $0 | $7,925,433 |
E G Watkins Family Foundation West Palm Beach, FL | $3,784,813 | $11,500,184 |
The Anita James Rosen Foundation Inc St Petersburg, FL | $5,834,282 | $31,742 |
Peterffy Foundation West Palm Beach, FL | $132,920,946 | $11,657,366 |