The Frederick Bornman Trust For Conservative Causes
- Assets
- $288.7k
- Revenue
- $13.6k
- Investments
- $295.2k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 09/1996
- Data as of
- 12/2022
- EIN
- 38-6592813
Organization Overview
The Frederick Bornman Trust For Conservative Causes is located in Detroit, MI. The organization was established in 1996. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Frederick Bornman Trust For Conservative Causes 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, Frederick Bornman Trust For Conservative Causes generated $13.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $39.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Frederick Bornman Trust For Conservative Causes has awarded 45 individual grants totaling $249,286. 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
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,796 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,812 |
| Capital Gain Net Income | $6,812 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,608 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,593 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $468 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,061 |
| Contributions, gifts, grants paid | $31,410 |
| Total expenses and disbursements | $39,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$6,463 |
| 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 | $295,175 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $288,712 |
| 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, The Frederick Bornman Trust For Conservative Causes has awarded $31,410 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAS FUTURE INC PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
ACCURACY IN MEDIA PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
HERITAGE FOUNDATION PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
AMERICAN SECURITY COUNCIL EDUCATIONAL FUND PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
EAGLE FORUM & LEGAL DEFENSE FUND PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
ACCURACY IN ACADEMIA PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |