Clayton And Billie Poenisch Foundation
- Assets
- $3.0m
- Revenue
- $604.5k
- Investments
- $2.4m
- Employees
- 0
- Location
- Wray, CO
- Founding
- 01/2013
- Data as of
- 06/2024
- EIN
- 45-3420290
Organization Overview
Clayton And Billie Poenisch Foundation is located in Wray, CO. The organization was established in 2013. 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. Clayton And Billie Poenisch 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 06/2024, Clayton And Billie Poenisch Foundation generated $604.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $299.0k during the year ending 06/2024. While expenses have increased by 13.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Clayton And Billie Poenisch Foundation has awarded 146 individual grants totaling $881,459. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL FUNDING IN THE FORM OF CHARITABLE DONATIONS TO INSTIUTIONS OF HIGHER LEARNING AS WELL AS OTHER EDUCATIONAL INSTITUTIONS AND CHARITIES.
CHARITABLE FUNDING TO COMMUNITY ORGANIZATIONS INCLUDING THOSE THAT SUPPORT HOMELESS WOMEN, AS WELL AS VOLUNTEER FIRE DEPARTMENTS & COMMUNITY GARDENS.
CHARITABLE FUNDING TO ORGANIZATIONS THAT SUPPORT CHILD HEALTHCARE & WELL-BEING.
CHARITABLE SUPPORT TO VARIOUS HEALTHCARE AND COMMUNITY ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clayton Poenisch President | 1 | $0 | |
Billie Neil Poenisch Vice Preside | 1 | $0 | |
Carl M Poenisch Vice Preside | 1 | $0 | |
Sydonia Ann Poenisch Secretary | 2 | $0 | |
Brady Poenisch Director | 1 | $0 | |
Jeff Cooper Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $434 |
| Dividends & Interest | $66,981 |
| Net Rental Income | $423,515 |
| Net Gain on Sale of Assets | $78,433 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $604,464 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,319 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,975 |
| Total operating and administrative expenses | $106,018 |
| Contributions, gifts, grants paid | $192,986 |
| Total expenses and disbursements | $299,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,288 |
| Savings and temporary cash investments | $0 |
| 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 | $382,072 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,000 |
| Total assets | $2,984,808 |
| 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, Clayton And Billie Poenisch Foundation has awarded $192,986 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGES OF HOPE PURPOSE: CHARITABLE | $5,000 |
GROUNDWIRE PURPOSE: CHARITABLE | $5,000 |
COWBOYS AGAINST CANCER PURPOSE: CHARITABLE | $1,000 |
HILLSDALE COLLEGE PURPOSE: CHARITABLE | $10,000 |
HORSES FOR HEROES NEW MEXICO PURPOSE: CHARITABLE | $5,000 |
MANILA HIGH SCHOOL PURPOSE: CHARITABLE | $5,000 |