Homer J Van Hollenbeck Foundation
- Assets
- $1.0m
- Revenue
- $71.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- Troy, MI
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 38-3085929
Organization Overview
Homer J Van Hollenbeck Foundation is located in Troy, MI. 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. Homer J Van Hollenbeck 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, Homer J Van Hollenbeck Foundation generated $71.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $92.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Homer J Van Hollenbeck Foundation has awarded 86 individual grants totaling $258,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COLLEGE SCHOLARSHIPS TO DESERVING STUDENTS. SEE PART XV FOR DETAILS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefan Wanczyk President | 0.5 | $0 | |
Michael G Cumming Secretary | 0.5 | $0 | |
Paul F Rhodes Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $21,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,473 |
| Capital Gain Net Income | $26,775 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,501 |
| Total Revenue | $71,827 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,188 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,740 |
| Contributions, gifts, grants paid | $78,000 |
| Total expenses and disbursements | $92,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1 |
| 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 | $1,048,779 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,048,780 |
| 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, Homer J Van Hollenbeck Foundation has awarded $78,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
MYA SEE PURPOSE: EDUCATIONAL | $3,000 |
JADEN FRENCH PURPOSE: EDUCATIONAL | $3,000 |
RYAN O'NEAL PURPOSE: EDUCATIONAL | $3,000 |
BENJAMIN AUGUSTITUS PURPOSE: EDUCATIONAL | $3,000 |
AZIANA STEWART PURPOSE: EDUCATIONAL | $3,000 |
ELISA DECHAVEZ PURPOSE: EDUCATIONAL | $3,000 |