Broomfield Charitable Foundation
- Assets
- $634.0k
- Revenue
- $51.2k
- Investments
- $617.5k
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 08/1993
- Data as of
- 11/2021
- EIN
- 38-3083449
Organization Overview
Broomfield Charitable Foundation is located in Rockville, MD. The organization was established in 1993. 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. Broomfield Charitable 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 11/2021, Broomfield Charitable Foundation generated $51.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $58.7k during the year ending 11/2021. While expenses have increased by 4.8% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephan Shaffer III Director | 1 | $0 | |
Lindsay Shaffer Director | 1 | $0 | |
Nancy Broomfield Aiken Pres Secty | 2 | $0 | |
Case Aiken Director | 1 | $0 | |
Barbara Broomfield Shaffer VP Treas | 2 | $0 | |
Christa Aiken Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,735 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,491 |
| Capital Gain Net Income | $31,491 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $766 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,413 |
| Total operating and administrative expenses | $21,469 |
| Contributions, gifts, grants paid | $37,250 |
| Total expenses and disbursements | $58,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,751 |
| Savings and temporary cash investments | $9,699 |
| 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 | $42,509 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $633,984 |
| 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, Broomfield Charitable Foundation has awarded $37,250 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ROCHESTER HILLS MUSEUM PURPOSE: CHARITABLE | $15,000 |
Royal Oak, MI PURPOSE: CHARITABLE | $5,000 |
Royal Oak, MI PURPOSE: CHARITABLE | $5,000 |
ROYAL OAK HIGH SCHOOL PURPOSE: CHARITABLE | $2,500 |
SEVERAL CHARITIES PURPOSE: CHARITABLE | $2,200 |
TUNNEL TO TOWERS FNTDN PURPOSE: CHARITABLE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |
Robert H Smith Family Foundation Arlington, VA | $10,315,724 | -$3,599,936 |