Allen Family Foundation is located in Henderson, NV. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Allen 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 06/2021, Allen Family Foundation generated $377.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $867.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Allen Family Foundation has awarded 54 individual grants totaling $2,271,877. 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
THE PRIMARY PURPOSE OF THE ALLEN FAMILY FOUNDATION IS TO MAKE GRANTS TO OTHER CHARITABLE ORGANIZATIONS. GRANTS WERE MADE TO MULTIPLE ORGANIZATIONS THROUGHOUT THE YEAR. SEE PART XV FOR DETAILED LIST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rebecca J Allen President | 5 | $55,000 | |
Channing S Allen Treasurer | 5 | $50,000 | |
Jefferson M Allen Secretary | 5 | $50,000 | |
Evita M Allen Director | 5 | $0 | |
Jefferson F Allen Director | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $6 |
Dividends & Interest | $89,105 |
Profit on Inventory Sales | $0 |
Other Income | $176,541 |
Total Revenue | $377,040 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $155,000 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $207,060 |
Contributions, gifts, grants paid | $660,000 |
Total expenses and disbursements | $867,060 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,542 |
Investments—mortgage loans | $0 |
Investments—other | $5,146,733 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, Allen Family Foundation has awarded $70,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FOSTER SOURCE PURPOSE: FOSTER FAMILY SUPPORT | $20,000 |
GOOD FOUNDATION PURPOSE: SUPPORT | $50,000 |