Brandsma Family Foundation
- Assets
- $2.0m
- Revenue
- $1.7m
- Investments
- $1.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 36-4137431
Organization Overview
Brandsma Family Foundation is located in Wilmington, DE. The organization was established in 1997. 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. Brandsma Family 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 12/2022, Brandsma Family Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Brandsma Family Foundation has awarded 761 individual grants totaling $6,399,214. 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 |
|---|---|---|---|
Joshua Brandsma Dir | 1 | $0 | |
Lee Brandsma Sec, Treas, Dir | 1 | $0 | |
Pamela Anne Brandsma Pres, Dir | 1 | $0 | |
Ryan Brandsma Dir | 1 | $0 | |
Tessa Brandsma Dir | 1 | $0 | |
Kristen L Hagstrom Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $827,379 |
| Interest on Savings | $1,007 |
| Dividends & Interest | $36,607 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $795,523 |
| Capital Gain Net Income | $1,449,959 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $43 |
| Total Revenue | $1,660,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,269 |
| Total operating and administrative expenses | $36,955 |
| Contributions, gifts, grants paid | $1,459,354 |
| Total expenses and disbursements | $1,496,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $423,615 |
| 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 | $23,038 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,007,824 |
| 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, Brandsma Family Foundation has awarded $1,459,354 in support to 152 organizations.
| Grant Recipient | Amount |
|---|---|
ALL GODS CHILDREN LTD PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: COLORADO WILDFIRE RELIEF FUND | $1,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: HURRICANE IAN RELIEF IN FLORIDA FUND | $2,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: TORNADO RELIEF FUND IN NEW ORLEANS AND SURROUNDING AREA | $2,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: HURRICANE FIONA RELIEF FUND IN PUERTO RICO AND CANADA | $5,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: DISASTER RELIEF FUND | $1,000 |