Bodman Family Foundation is located in El Paso, TX. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bodman 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 12/2021, Bodman Family Foundation generated $728.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $469.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bodman Family Foundation has awarded 39 individual grants totaling $1,143,000. 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
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Diane Bodman President | 0.5 | $0 | |
Perry Barber Treasurer/assistant Secret | 0.5 | $0 | |
Sarah B Greenhill Vice President | 0.12 | $0 | |
Robert Culver Director | 0.12 | $0 | |
James R Doty Director | 0.12 | $0 | |
David S Galvin Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $68 |
| Dividends & Interest | $182,048 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $505,908 |
| Capital Gain Net Income | $505,908 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $39,928 |
| Total Revenue | $727,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,874 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,897 |
| Total operating and administrative expenses | $59,395 |
| Contributions, gifts, grants paid | $410,500 |
| Total expenses and disbursements | $469,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,185 |
| Savings and temporary cash investments | $1,244,636 |
| 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 | $7,744,814 |
| 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 |
Over the last fiscal year, Bodman Family Foundation has awarded $480,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BODMAN CHARITABLE FUND PURPOSE: GENERAL NEEDS OF ORGANIZATION | $55,000 |
CHILDREN'S HOSPITAL FOUNDATION PURPOSE: GENERAL NEEDS OF ORGANIZATION | $50,000 |
DEPELCHIN CHILDREN'S CENTER PURPOSE: GENERAL NEEDS OF ORGANIZATION | $10,000 |
LOST TREE FOUNDATION PURPOSE: GENERAL NEEDS OF ORGANIZATION | $50,000 |
MARTHA'S VINEYARD MUSEUM PURPOSE: GENERAL NEEDS OF ORGANIZATION | $50,000 |
PAN MASSACHUSETTS CHALLENGE TRUST PURPOSE: GENERAL NEEDS OF ORGANIZATION | $5,000 |