Hoffman Brouse Foundation
- Assets
- $909.2k
- Revenue
- $32.5k
- Investments
- $859.9k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-2072534
Organization Overview
Hoffman Brouse Foundation is located in Wilmington, DE. The organization was established in 2006. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoffman Brouse 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, Hoffman Brouse Foundation generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $96.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hoffman Brouse Foundation has awarded 60 individual grants totaling $582,864. 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 |
|---|---|---|---|
Mark Brouse Trustee, Pres | 2 | $0 | |
Marilyn Hoffman Trustee | 2 | $0 | |
Lynn Hoffman-Brouse Sec, Treas, Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $674 |
| Dividends & Interest | $24,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,401 |
| Capital Gain Net Income | $7,401 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,531 |
| 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 | $10,644 |
| Total operating and administrative expenses | $21,504 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $96,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,304 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $909,210 |
| 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, Hoffman Brouse Foundation has awarded $75,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
EARTH UNIVERSITY FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $35,000 |
EDUCATIONAL OPPORTUNITIES FOR UTAHS CHILDREN PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
GIRLS WHO CLICK PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
VITAL IMPACTS PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
UTAH OPEN LANDS CONSERVATION ASSOCIATION INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
PLANNED PARENTHOOD ASSOCIATION OF UTAH PURPOSE: GENERAL & UNRESTRICTED | $25,000 |