Hilda E Bretzlaff Foundation Inc is located in Milford, MI. The organization was established in 1994. 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. Hilda E Bretzlaff 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 12/2022, Hilda E Bretzlaff Foundation Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hilda E Bretzlaff Foundation Inc has awarded 325 individual grants totaling $10,123,524. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 30 | $69,804 | |
Name Not Listed Treasurer/secretary | 30 | $69,804 | |
Name Not Listed Vice-President | 30 | $69,804 | |
Name Not Listed Office Manager | 22 | $56,284 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $519,023 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,202,405 |
| Capital Gain Net Income | $1,202,405 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,939 |
| Total Revenue | $1,732,367 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $265,696 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $82,909 |
| Interest | $0 |
| Taxes | $94,204 |
| Depreciation | $52,911 |
| Occupancy | $15,869 |
| Travel, conferences, and meetings | $3,272 |
| Printing and publications | $0 |
| Other expenses | $60,136 |
| Total operating and administrative expenses | $664,254 |
| Contributions, gifts, grants paid | $4,681,750 |
| Total expenses and disbursements | $5,346,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,587 |
| Savings and temporary cash investments | $0 |
| 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 | $11,708,230 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,783,817 |
| 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 | $26,569 |
| Total liabilities | $26,569 |
Over the last fiscal year, Hilda E Bretzlaff Foundation Inc has awarded $4,681,750 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
PATRICK HENRY COLLEGE PURPOSE: EDUCATION | $7,500 |
ST MATTHEW LUTHERAN SCHOOL PURPOSE: EDUCATION | $17,500 |
ST CATHERINE OF SIENNA ACADEMY PURPOSE: EDUCATION | $17,500 |
ST PETERS LUTHERAN SCHOOL PURPOSE: EDUCATION | $32,500 |
ST AUGUSTINE'S HEP PURPOSE: EDUCATION | $12,500 |
OAKDALE ACADEMY PURPOSE: EDUCATION | $30,000 |