Hoffman Family Foundation
- Assets
- $755.9k
- Revenue
- $141.9k
- Investments
- $553.4k
- Employees
- 0
- Location
- Golden, CO
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 38-3945350
Organization Overview
Hoffman Family Foundation is located in Golden, CO. The organization was established in 2015. 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. Hoffman 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 12/2021, Hoffman Family Foundation generated $141.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $349.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hoffman Family Foundation has awarded 28 individual grants totaling $2,701,853. 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
ADMINISTRATIVE EXPENSES FOR MOUNTAIN OF OLIVES SCHOOL IN JINJA, UGANDA.
PURCHASED LAND FOR FUTURE VOCATIONAL SCHOOL FOR RAYS OF GRACE CAMPUS IN JINJA, UGANDA.
COMPLETION OF ENCLOSED PRACTICE SOCCER FIELD COMPLEX AND TOILET SYSTEM IN JINJA, UGANDA.
BUILT CREATIVE ARTS DEPARTMENT FOR RAYS OF GRACE CAMPUS IN JINJA, UGANDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie King Treasurer | 10 | $0 | |
Tami Hoffman President | 10 | $0 | |
David Hoffman Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $143,441 |
| Interest on Savings | $36 |
| Dividends & Interest | $8,225 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,761 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $141,941 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $15,289 |
| Printing and publications | $0 |
| Other expenses | $13,937 |
| Total operating and administrative expenses | $31,176 |
| Contributions, gifts, grants paid | $317,959 |
| Total expenses and disbursements | $349,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,261 |
| Savings and temporary cash investments | $94,290 |
| 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 | $553,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $755,905 |
| 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, Hoffman Family Foundation has awarded $317,959 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WT HFF UGANDA PURPOSE: PURCHASE OF LAND FOR VOCATIONAL SCHOOL, ENCLOSED SOCCER FIELD COMPLEX AND TOILET SYSTEM BUILT, CREATIVE ARTS DEPT BUILT IN JINJA, UGANDA AND RELATED ADMINISTRATIVE EXPENSES. | $312,959 |
ARVADA HOCKEY ASSN MEMORIAL FD PURPOSE: SUPPORT OF NON PROFIT | $2,500 |
Denver, CO PURPOSE: SUPPORT OF EQUITABLE EDUCATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Stonewall Foundation Tucson, AZ | $0 | $109,268 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |