Buford Family Foundation
- Assets
- $771.7k
- Revenue
- $49.9k
- Investments
- $691.0k
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 73-1519009
Organization Overview
Buford Family Foundation is located in Wichita, KS. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buford 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 12/2022, Buford Family Foundation generated $49.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $6.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (37.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Robert Buford Director President | 0 | $0 | |
R C Buford Director - Vice President | 0 | $0 | |
Anne S Buford Director-Secretary & Treasurer | 0 | $0 | |
Beth Buford Director-Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $362 |
| Dividends & Interest | $17,330 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,181 |
| Capital Gain Net Income | $32,181 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,282 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,754 |
| Total operating and administrative expenses | $6,456 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $6,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,565 |
| Savings and temporary cash investments | $36,130 |
| 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 | $771,728 |
| 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, Buford Family Foundation has awarded $51,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FREE APROPRIATE PUBLIC EDUCATION PURPOSE: GENERAL DONATION | $10,000 |
GARDEN OF DREAMS PURPOSE: GENERAL DONATION | $6,000 |
THE ANIMAL MEDICAL CENTER PURPOSE: GENERAL DONATIONGENERAL DONATION | $10,000 |
JUNENILE DIABETES RESEARCH FOUNDATION PURPOSE: GENERAL DONATION | $25,000 |