Bodnar Hospitality Foundation Inc
- Assets
- $897.7k
- Revenue
- $249.5k
- Investments
- $893.8k
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-1381389
Organization Overview
Bodnar Hospitality Foundation Inc is located in Menlo Park, CA. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Bodnar Hospitality Foundation Inc 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, Bodnar Hospitality Foundation Inc generated $249.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $24.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bodnar Hospitality Foundation Inc has awarded 19 individual grants totaling $1,250,129. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
CHARITABLE CONTRIBUTIONS FROM PASS THRU ENTITY: JNN INVESTORS, LLC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Bodnar Battles President | 0 | $0 | |
Doug Vanscoy Board Member | 0 | $0 | |
J Michael Bodnar Chairman Of The Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,907 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $228,614 |
| Total Revenue | $249,521 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,272 |
| Total operating and administrative expenses | $24,180 |
| Contributions, gifts, grants paid | $88 |
| Total expenses and disbursements | $24,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,946 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $893,795 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $897,741 |
| 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, Bodnar Hospitality Foundation Inc has awarded $20,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Menlo Park, CA PURPOSE: CHARITABLE ORGANIZATION | $20,000 |
MISCELLANEOUS GIFTS FROM PASS-THRU ENTITY PURPOSE: CHARITY | $100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bodnar Hospitality Foundation Inc has recieved totaling $1,500,000.
| Awarding Organization | Amount |
|---|---|
J Michael Bodnar Foundation Inc Menlo Park, CA PURPOSE: TRANSFER OF 100% INTEREST IN OPERATING BUSINESS TO THE NEWLY FORMED, EXEMPT OPERATING FOUNDATION. RECIPIENT OPERATES A QUICK SERVICE RESTAURANT THAT PROVIDES TRAINING FOR STUDENTS AT THE WEST VIRGINIA UNIVERSITY WHO ARE ENROLLED IN UNDERGRADUATE AND GRADUATE PROGRAMS IN HOSPITALITY AND RESTAURANT MANAGEMENT. | $1,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |
Na Aina Kai Botanical Gardens Kilauea, HI | $76,195,065 | $4,390,722 |
Easton Sports Development Foundation Van Nuys, CA | $11,576,483 | $3,446,410 |
Lone Rock Foundation Santa Cruz, CA | $94,429,828 | $8,565,645 |
Maurice And Paul Marciano Art Foundation Beverly Hills, CA | $51,457,379 | $441,554 |