Bungardt Foundation
- Assets
- $5.9m
- Revenue
- $2.8m
- Investments
- $3.4m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 02/2020
- Data as of
- 12/2022
- EIN
- 84-2816765
Organization Overview
Bungardt Foundation is located in Tulsa, OK. The organization was established in 2020. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bungardt 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, Bungardt Foundation generated $2.8m in total revenue.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
The Trust Company Of Oklahoma Trustee | 5 | $61,641 | |
John Jay Mccain Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36 |
| Dividends & Interest | $102,731 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,484,090 |
| Capital Gain Net Income | $2,484,090 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $206,951 |
| Total Revenue | $2,793,808 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,041 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,581 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $555 |
| Total operating and administrative expenses | $117,202 |
| Contributions, gifts, grants paid | $315,413 |
| Total expenses and disbursements | $432,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,449,870 |
| 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 | $669 |
| Total assets | $5,862,720 |
| 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, Bungardt Foundation has awarded $315,413 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHWESTERN OKLAHOMA STATE UNIVERS PURPOSE: EDUCATIONAL SCHOLARSHIP | $102,000 |
OSU OFFICE OF THE BURSAR PURPOSE: EDUCATIONAL SCHOLARSHIP | $45,032 |
NORTHEASTERN STATE UNIVERSITY PURPOSE: EDUCATIONAL SCHOLARSHIP | $22,500 |
UNIVERSITY OF OKLAHOMA PURPOSE: EDUCATIONAL SCHOLARSHIP | $23,000 |
CORDELL HIGH SCHOOL PURPOSE: EDUCATIONAL SCHOLARSHIP | $122,881 |