Boyd Midwest Family Private Foundation
- Assets
- $1.9m
- Revenue
- $266.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-3146813
Organization Overview
Boyd Midwest Family Private Foundation is located in West Des Moines, IA. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Boyd Midwest Family Private 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 12/2023, Boyd Midwest Family Private Foundation generated $266.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $82.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Boyd Midwest Family Private Foundation has awarded 68 individual grants totaling $143,191. 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 |
|---|---|---|---|
Victoria Boyd President | 5 | $1,000 | |
Katy Gregory Vice President And Treasurer | 2 | $1,000 | |
Becky Szymczak Secretary | 2 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $229,240 |
| Interest on Savings | $237 |
| Dividends & Interest | $48,122 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,656 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,850 |
| Total Revenue | $266,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $350 |
| Total operating and administrative expenses | $7,705 |
| Contributions, gifts, grants paid | $75,200 |
| Total expenses and disbursements | $82,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,084 |
| Savings and temporary cash investments | $268,141 |
| 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 | $81,393 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,892,810 |
| 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, Boyd Midwest Family Private Foundation has awarded $75,200 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
ANIKA NORDIN PURPOSE: COLLEGE SCHOLARSHIP | $1,200 |
KAITLIN GARVEY PURPOSE: COLLEGE SCHOLARSHIP | $2,700 |
ISABELLE SALTERS PURPOSE: COLLEGE SCHOLARSHIP | $1,200 |
JESSICA SCHONHOFF PURPOSE: COLLEGE SCHOLARSHIP | $1,200 |
JENNA WINEGAR PURPOSE: COLLEGE SCHOLARSHIP | $3,300 |
LOIS LANCASTER PURPOSE: COLLEGE SCHOLARSHIP | $1,200 |