Bungardt Foundation
- Assets
- $3.6m
- Revenue
- $417.6k
- Investments
- $2.7m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 02/2020
- Data as of
- 12/2021
- EIN
- 84-2816765
Organization Overview
Bungardt Foundation is located in Tulsa, OK. The organization was established in 2020. 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. Bungardt 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, Bungardt Foundation generated $417.6k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
The Trust Company Of Oklahoma Trustee | 5 | $48,890 | |
John Jay Mccain Trustee | 2 | $8,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $44 |
| Dividends & Interest | $61,100 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $144,897 |
| Capital Gain Net Income | $144,897 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $211,514 |
| Total Revenue | $417,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,290 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,183 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,191 |
| Total operating and administrative expenses | $70,755 |
| Contributions, gifts, grants paid | $72,500 |
| Total expenses and disbursements | $143,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $363,480 |
| 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 | $513,154 |
| Other assets | $669 |
| Total assets | $3,579,915 |
| 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, Bungardt Foundation has awarded $72,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHWESTERN OKLAHOMA STATE UNIVERS PURPOSE: EDUCATIONAL SCHOLARSHIP | $55,000 |
OSU OFFICE OF THE BURSAR PURPOSE: EDUCATIONAL SCHOLARSHIP | $10,000 |
North Newton, KS PURPOSE: EDUCATIONAL SCHOLARSHIP | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |