The Frederick Bornman Trust For Conservative Causes
- Assets
- $309.8k
- Revenue
- $30.8k
- Investments
- $318.2k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 09/1996
- Data as of
- 12/2021
- 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 12/2021, Frederick Bornman Trust For Conservative Causes generated $30.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $39.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Frederick Bornman Trust For Conservative Causes has awarded 37 individual grants totaling $215,566. 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
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,947 |
| Capital Gain Net Income | $23,947 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $231 |
| Total Revenue | $30,755 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,350 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $58 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,408 |
| Contributions, gifts, grants paid | $31,410 |
| Total expenses and disbursements | $39,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$8,420 |
| 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 | $318,226 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $309,806 |
| 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 |
|---|---|
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 MEDIA PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
North Port, FL PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
Washington, DC PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
ACCURACY IN ACADEMIA PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,235 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund Cleveland, OH | $181,897,996 | $22,134,878 |
The@joseph And Florence Mandel Family Foundation-Michele M And Cleveland, OH | $143,259,703 | $19,572,691 |
Psalms Foundation Cincinnati, OH | $2,676,117 | $10,777,846 |
Charity Motors Inc Detroit, MI | $2,508,278 | $4,106,535 |
Detroit Association Of Black Organizations Dabo Inc Detroit, MI | $174,773 | $1,935,579 |
Veterans Outreach Youngstown, OH | $937,209 | $2,263,977 |
Holl Trust B Presbyterian Home Milwaukee, WI | $34,163,292 | $4,097,383 |
Detroit Lions Charities Allen Park, MI | $661,259 | $1,820,325 |
Urban Alliance Kalamazoo, MI | $4,306,989 | $1,678,413 |
Lifelab Kids Foundation Ferndale, MI | $1,630,763 | $1,826,227 |
Group Plan Commission Cleveland, OH | $1,424,769 | $1,513,172 |
Porter Hills Foundation Grand Rapids, MI | $0 | $3,057,025 |