Comfort Family Foundation
- Assets
- $17.3m
- Revenue
- $217.5k
- Investments
- $16.4m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 27-3079512
Organization Overview
Comfort Family Foundation is located in Sioux Falls, SD. The organization was established in 2010. 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. Comfort Family 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 12/2022, Comfort Family Foundation generated $217.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (40.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Comfort Family Foundation has awarded 56 individual grants totaling $4,492,800. 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 |
|---|---|---|---|
Deborah E Miller Director | 1 | $0 | |
Constance M Comfort Director | 1 | $0 | |
Btc Trust Company Of South Dakota Officer | 1 | $21,577 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $160,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $115,462 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,667 |
| Capital Gain Net Income | $25,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$83,678 |
| Total Revenue | $217,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,577 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,007 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $160,000 |
| Total operating and administrative expenses | $335,945 |
| Contributions, gifts, grants paid | $1,150,500 |
| Total expenses and disbursements | $1,486,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $948,548 |
| 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 | $17,312,833 |
| 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, Comfort Family Foundation has awarded $1,150,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: UNRESTRICTED GIFT | $2,000 |
AHEINZ57 PET RESCUE AND TRANSPORT PURPOSE: UNRESTRICTED GIFT | $10,000 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED GIFT | $10,000 |
ANIMAL RESCUE LEAGUE OF IOWA PURPOSE: UNRESTRICTED GIFT | $35,000 |
BERRY COLLEGE PURPOSE: UNRESTRICTED GIFT | $5,000 |
HABITAT FOR HUMANITY OF CENTRAL IOWA PURPOSE: UNRESTRICTED GIFT | $2,500 |