Van Kampen Boyer Molinari Charitable Foundation
- Assets
- $1.5m
- Revenue
- $274.5k
- Investments
- $421.8k
- Employees
- 0
- Location
- Spring Lake, MI
- Founding
- 06/2005
- Data as of
- 12/2021
- EIN
- 20-1190854
Organization Overview
Van Kampen Boyer Molinari Charitable Foundation is located in Spring Lake, MI. The organization was established in 2005. 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. Van Kampen Boyer Molinari Charitable 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, Van Kampen Boyer Molinari Charitable Foundation generated $274.5k 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 (20.7%) each year. All expenses for the organization totaled $369.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Van Kampen Boyer Molinari Charitable Foundation has awarded 73 individual grants totaling $1,558,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENT SPONSORSHIP FOR POUND BUDDIES - TAX-EXEMPT ORGANIZATION'S FUNDRAISING EVENT
EVENT SPONSORSHIP FOR SHERIFF MIKE POULIN - TAX-EXEMPT ORGANIZATION'S FUNDRAISING EVENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael William Molinari Director | 0.2 | $0 | |
Kimberly Van Kampen President / Director | 0.2 | $0 | |
Patrick Molinari ESQ Attorney | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,634 |
| Dividends & Interest | $12,036 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $260,853 |
| Capital Gain Net Income | $260,853 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $274,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $45,000 |
| Pension plans, employee benefits | $6,091 |
| Interest | $0 |
| Taxes | $6,960 |
| Depreciation | $8,222 |
| Occupancy | $13,205 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $151,662 |
| Total operating and administrative expenses | $240,079 |
| Contributions, gifts, grants paid | $129,438 |
| Total expenses and disbursements | $369,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,971 |
| 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 | $533,996 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $564,789 |
| Other assets | $0 |
| Total assets | $1,537,525 |
| 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, Van Kampen Boyer Molinari Charitable Foundation has awarded $129,438 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Gladstone, NJ PURPOSE: FINANCIAL SUPPORT OF OLYMPIC PROGRAM; PATHWAYS TO THE PODIUMS TO PROMOTE EQUESTRIAN ACTIVITIES AND PROVIDE FINANCIAL SUPPORT FOR PROMISING YOUTH | $50,000 |
MUSKEGON MUSEUM OF ART PURPOSE: ANNUAL FUNDRAISING GALA | $20,000 |
HORSES 'N HEROES PURPOSE: FINANCIAL SUPPORT FOR AN AFTER SCHOOL/SUMMER PROGRAM THAT TEACHES UNDERPRIVILEGED GIRLS HOW TO TAKE CARE OF AND RIDE HORSES; TEACHES DISCIPLINE AND WORK ETHIC | $12,000 |
DRESSAGE 4 KIDS PURPOSE: ENCOURAGE RIDERS UNDER 25 TO BECOME TRUE HORSEMEN; TO OFFER SCHOLARSHIPS; TO DEVELOP GOOD SPORTSMANSHIP; TO SUPPORT PROGRAMS FOR ADULTS WHO IN TURN EDUCATE YOUTH; AND TO HAVE FUN | $11,356 |
HORSES AND HOUNDS FOUNDATION PURPOSE: FINANCIAL SUPPORT OF ABANDONED AND/OR ABUSED ANIMALS. | $10,000 |
Ocala, FL PURPOSE: EMERGENCY YOUTH SHELTER/FOSTER HOME | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |
American Electric Power Foundation Columbus, OH | $61,577,266 | $10,199,855 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Dean & Barbara White Family Foundation Inc Merrillville, IN | $792,865,434 | $81,802,743 |
Wilson Sheehan Foundation Springfield, OH | $57,339,515 | $15,119,930 |