Willis And Martha Jane Bonkemeyer Family Foundation Inc
- Assets
- $4.4m
- Revenue
- $1.6m
- Investments
- $3.9m
- Employees
- 0
- Location
- Randleman, NC
- Founding
- Data as of
- 12/2023
- EIN
- 87-2206084
Organization Overview
Willis And Martha Jane Bonkemeyer Family Foundation Inc is located in Randleman, NC. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Willis And Martha Jane Bonkemeyer Family 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 12/2023, Willis And Martha Jane Bonkemeyer Family Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $193.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Willis And Martha Jane Bonkemeyer Family Foundation Inc has awarded 38 individual grants totaling $256,525. 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 |
|---|---|---|---|
Willis A Bonkemeyer Sec/treasurer | 0 | $0 | |
Martha Jane Bonkemeyer President | 0 | $0 | |
Lynda Lea Bonkemeyer Director | 0 | $0 | |
Angela B Bower Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,550,000 |
| Interest on Savings | $3,163 |
| Dividends & Interest | $60,689 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,585 |
| Capital Gain Net Income | $4,585 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,618,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $530 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $9 |
| Other expenses | $25,176 |
| Total operating and administrative expenses | $30,315 |
| Contributions, gifts, grants paid | $163,375 |
| Total expenses and disbursements | $193,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $538,351 |
| 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 | $3,897,462 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,435,813 |
| 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, Willis And Martha Jane Bonkemeyer Family Foundation Inc has awarded $163,375 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ASHEBORO RANDOLPH RESCUE PURPOSE: GENERAL FUND | $75 |
HOSPICE OF RANDOLPH PURPOSE: GENERAL FUND | $5,700 |
LEVEL CROSS CHRISTIAN SCHOOL PURPOSE: GENERAL FUND | $100 |
PBC NC PURPOSE: GENERAL FUND | $2,000 |
MT LEBANON METHODIST CHURCH PURPOSE: GENERAL FUND, SPECIAL OFFERING, CEMETARY FUND, MAINTENANCE FUND, AND MEMORIAL FUND | $47,100 |
THE FOUNDATION OF CCC AND TI SCHOLARSHIP PURPOSE: GENERAL FUND | $3,500 |