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 12/2023, Hoffman Family Foundation generated $156.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $335.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hoffman Family Foundation has awarded 27 individual grants totaling $2,441,233. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATIVE EXPENSES FOR SCHOOL IN JINJA, UGANDA.
KITCHEN EXPANSION RAYS OF GRACE CAMPUS IN JINJA, UGANDA.
CHILDREN'S PLAYGROUND EXPANDED & ROADS ON CAMPUS PAVED WITH GRAVEL SCHOOL IN JINJA, UGANDA.
PURCHASED 5 ACRES FOR FUTURE SECONDARY VOCATIONAL SCHOOL RAYS OF GRACE IN JINJA, UGANDA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tami Hoffman President | 10 | $0 | |
David Hoffman Secretary | 10 | $0 | |
Julie King Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $168,644 |
Interest on Savings | $1,005 |
Dividends & Interest | $3,174 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$16,773 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $156,050 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $40 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $11,115 |
Printing and publications | $1,988 |
Other expenses | $12,452 |
Total operating and administrative expenses | $27,845 |
Contributions, gifts, grants paid | $307,207 |
Total expenses and disbursements | $335,052 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $69,795 |
Savings and temporary cash investments | $38,385 |
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 | $172,858 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $281,038 |
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 |
Over the last fiscal year, Hoffman Family Foundation has awarded $307,207 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
WT HFF UGANDA PURPOSE: IMPROVEMENTS FOR SCHOOL IN JINJA, UGANDA AND RELATED ADMINISTRATIVE EXPENSES. | $306,607 |
SHEPHERD'S HEART MINISTRY PURPOSE: MINISTRY SUPPORT | $600 |