Bodford Family Foundation
- Assets
- $23.1m
- Revenue
- $1.5m
- Investments
- $23.0m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 03/1999
- Data as of
- 04/2023
- EIN
- 56-2099865
Organization Overview
Bodford Family Foundation is located in Greensboro, NC. The organization was established in 1999. 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. Bodford 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 04/2023, Bodford Family Foundation generated $1.5m in total revenue. All expenses for the organization totaled $214.8k during the year ending 04/2023. While expenses have increased by 8.5% per year over the past 7 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, Bodford Family Foundation has awarded 163 individual grants totaling $1,571,850. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Bodford Poteat President | 0 | $0 | |
Alvin M Bodford Sec/treas | 0 | $0 | |
Brenda S Bodford Director | 0 | $0 | |
Jason Bodford Director | 0 | $0 | |
Gary Smith Executive Director | 3 | $21,996 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $295,848 |
| Interest on Savings | $0 |
| Dividends & Interest | $516,005 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $690,957 |
| Capital Gain Net Income | $690,957 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,502,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,996 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $103 |
| Taxes | $26,568 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $87,674 |
| Total operating and administrative expenses | $136,341 |
| Contributions, gifts, grants paid | $78,500 |
| Total expenses and disbursements | $214,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,296 |
| 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 | $5,572 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $23,035,293 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,051,161 |
| 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, Bodford Family Foundation has awarded $78,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DIABETES ASSOCIATION - VIRGINIANORTH CAROLINA PURPOSE: ASSISTANCE WITH CHARITABLE ACTIVITIES | $5,000 |
AMERICAN RED CROSS PURPOSE: ASSISTANCE WITH CHARITABLE ACTIVITIES. | $1,000 |
CATALYST CHURCH PURPOSE: ASSISTANCE WITH CHARITABLE ACTIVITIES | $30,000 |
MAKE A DIFFERANCE CHRISTIAN MINISTRIES PURPOSE: ASSISTANCE WITH CHARITABLE ACTIVITIES | $500 |
NC CAPITOL COMMISSION PURPOSE: ASSISTANCE WITH CHARITABLE ACTIVITIES | $5,000 |
MALACHI HOUSE II PURPOSE: ASSISTANCE WITH CHARITABLE ACTIVITIES | $1,000 |