Seth Bonder Foundation
- Assets
- $5.0m
- Revenue
- $317.2k
- Investments
- $4.8m
- Employees
- 0
- Location
- Independence, OH
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 45-4929846
Organization Overview
Seth Bonder Foundation is located in Independence, OH. The organization was established in 2014. 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. Seth Bonder Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Seth Bonder Foundation has awarded 125 individual grants totaling $3,901,557. 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
DONATIONS TO CHARITABLE ORGANIZATIONS AND UNIVERSITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merrill Bonder President | 25 | $81,667 | |
John G Ciancibello Treasurer | 5 | $0 | |
Larry Sieford Director | 5 | $0 | |
Marie Deveney Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $100,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $208,480 |
| Capital Gain Net Income | $208,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,510 |
| Total Revenue | $317,196 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,667 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,204 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60,040 |
| Total operating and administrative expenses | $170,272 |
| Contributions, gifts, grants paid | $461,409 |
| Total expenses and disbursements | $631,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,119 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $97,358 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,962,274 |
| Accounts payable and accrued expenses | $6,333 |
| 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 | $6,333 |
Grants Awarded
Over the last fiscal year, Seth Bonder Foundation has awarded $461,409 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BRINKLEY HEIGHTS URBAN ACADEMY PURPOSE: EDGENUITY MY PATH INTEGRATION AND SCHOOL SUPPLIES AND GIFT CARDS | $30,000 |
FACES OF ACCOMPLISHMENT PURPOSE: MENTORING PROGRAM | $65,000 |
GEORGIA TECH FOUNDATION PURPOSE: SETH BONDER CAMP IN COMPUTATIONAL & DATA SCIENCES | $80,000 |
GIRLS GROUP PURPOSE: SCHOLARSHIP & PROGRAMS SUPPORT | $30,000 |
INFORMS PURPOSE: STUDENT ACTIVITIES 2022, BONDER SCHOLAR RESEARCH AWARD (5 @$5,000 EACH), ADDITIONAL STIPEND FOR NEW BONDER SCHOLARS (2@$2,000 EACH) , STUDENT NEWSLETTER & CHAPTER ACTIVITY ($22,500) | $51,500 |
UNIVERSITY OF MICHIGAN PURPOSE: CHEPS, GLOBAL LEADERSHIP HONORS PROGRAM & TAUBER INSTITUTE. | $156,000 |