Van Allen Family Foundation
- Assets
- $212.8k
- Revenue
- $1.8k
- Investments
- $203.2k
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 85-0475640
Organization Overview
Van Allen Family Foundation is located in Albuquerque, NM. 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. Van Allen 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, Van Allen Family Foundation generated $1.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $16.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Van Allen Family Foundation has awarded 100 individual grants totaling $117,350. 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 |
|---|---|---|---|
Robert L Van Allen President/tr | 0 | $0 | |
Janet K Van Allen Vice-Pres/se | 0 | $0 | |
James R Van Allen Director | 0 | $0 | |
Katherine L Van Allen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,479 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $369 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,728 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $16,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,761 |
| Savings and temporary cash investments | $3,765 |
| 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 | $4,735 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $212,761 |
| 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, Van Allen Family Foundation has awarded $12,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ACCION NEW MEXICO PURPOSE: ALLEVIATION OF POVERTY | $2,000 |
BAY AREA RESCUE MISSION PURPOSE: AID TO HOMELESS | $1,000 |
JOY JUNCTION PURPOSE: SHELTER FOR THE HOMELESS | $1,000 |
FEED THE CHILDREN PURPOSE: HELP PROVIDE FOOD & LIFE ESSENTIALS | $1,000 |
MARIN PREGNANCY CLINIC PURPOSE: PREGNANCY RESOURCE CENTER | $1,500 |
NM BOYS AND GIRLS RANCHES PURPOSE: SERVICES FOR YOUNG PEOPLE | $1,000 |