Bomhoff Foundation
- Assets
- $14.9m
- Revenue
- $599.2k
- Investments
- $14.7m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 07/2001
- Data as of
- 12/2022
- EIN
- 48-6377562
Organization Overview
Bomhoff Foundation is located in Wichita, KS. The organization was established in 2001. 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. Bomhoff 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 12/2022, Bomhoff Foundation generated $599.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bomhoff Foundation has awarded 102 individual grants totaling $4,632,923. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Ilene Bomhoff Trustee (resigned 6/6/23) | 2 | $75,000 | |
Janice Zerbe Trustee (appt'd 6/7/23) | 0 | $0 | |
William M Cobb Trustee (appt'd 6/7/23) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54,994 |
| Dividends & Interest | $296,820 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $247,397 |
| Capital Gain Net Income | $247,397 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $599,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,610 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $217,080 |
| Contributions, gifts, grants paid | $881,500 |
| Total expenses and disbursements | $1,098,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $245,195 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,914,509 |
| 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, Bomhoff Foundation has awarded $881,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS OF KANSAS PURPOSE: GENERAL FUND | $117,000 |
EMBERHOPE INC PURPOSE: GENERAL FUND | $117,000 |
FLOWERS ON DOUGLAS PURPOSE: GENERAL FUND | $6,000 |
FINNEY COUNTY HISTORICAL SOCIETY PURPOSE: GENERAL FUND | $1,000 |
HEARTSPRING PURPOSE: GENERAL FUND | $117,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: GENERAL FUND | $2,000 |