Marilyn Brachman Hoffman Foundation
- Assets
- $49.2m
- Revenue
- $5.5m
- Investments
- $47.9m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 75-2761459
Organization Overview
Marilyn Brachman Hoffman Foundation is located in Fort Worth, TX. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Marilyn Brachman Hoffman 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 12/2021, Marilyn Brachman Hoffman Foundation generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 11.7% 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 2019, Marilyn Brachman Hoffman Foundation has awarded 49 individual grants totaling $6,831,998. 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 |
|---|---|---|---|
Thomas Cantrill President/director | 3 | $77,656 | |
Dennis R Opitz Vice Pres/sec/treas/direct | 11 | $140,294 | |
Mary Jalonik Director | 8 | $66,656 | |
Nancy Jones Director | 9 | $71,156 | |
Tatjana Walker Director | 40 | $165,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,341,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,781,182 |
| Capital Gain Net Income | $3,781,182 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $364,942 |
| Total Revenue | $5,487,747 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $313,259 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,200 |
| Interest | $0 |
| Taxes | $103,138 |
| Depreciation | $42,047 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,699 |
| Printing and publications | $0 |
| Other expenses | $131,005 |
| Total operating and administrative expenses | $943,338 |
| Contributions, gifts, grants paid | $1,526,569 |
| Total expenses and disbursements | $2,469,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,521 |
| Savings and temporary cash investments | $200,730 |
| 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 | $3,291 |
| Net Land, buildings, and equipment | $12,962 |
| Other assets | $1,039,191 |
| Total assets | $49,212,977 |
| 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 | $3,602 |
| Total liabilities | $3,602 |
Grants Awarded
Over the last fiscal year, Marilyn Brachman Hoffman Foundation has awarded $1,504,743 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
RESTORATION CENTER PURPOSE: GENERAL FUND, ANNUAL TOY DRIVE, AND TO PROVIDE EMERGENCY HOUSING AND UTILITIES ASSISTANCE TO INDIVIDUALS AND FAMILIES | $128,000 |
UNBOUND NORTH TEXAS PURPOSE: GENERAL FUND | $10,000 |
FORT WORTH REPORT PURPOSE: GENERAL FUND | $95,772 |
TARRANT AREA FOOD BANK PURPOSE: GENERAL FUND | $50,000 |
CITY OF FORT WORTH PARK & RECREATION DEPARTMENT PURPOSE: PLANT TREES IN PARKS | $110,460 |
NORTH TEXAS COMMUNITY FOUNDATION PURPOSE: PERMANENT SUPPORTIVE HOUSING FOR HOMELESS IN FORT WORTH AND TARRANT COUNTY | $190,700 |