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Bruce R Hofmann Family Foundation is a private trust based in JENKINTOWN, PA. The foundation received its IRS ruling in 2020. The principal officer is % William C Hofmann. It holds total assets of $352K. Annual income is reported at $43K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bruce R Hofmann Family Foundation has made 8 grants totaling $44K, with a median grant of $6K. Annual giving has decreased from $30K in 2022 to $14K in 2023. Individual grants have ranged from $2K to $8K, with an average award of $5K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Pennsylvania, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Bruce R Hofmann Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, MA, PA.
Bruce R Hofmann Family Foundation has distributed a total of $44K across 8 grants. The median grant size is $6K, with an average of $5K. Individual grants have ranged from $2K to $8K.
Bruce R Hofmann Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bruce R Hofmann Family Foundation is headquartered in JENKINTOWN, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert L Hofmann | TRUSTEE | $0 | $0 | $0 |
| Bruce R Hofmann Jr | TRUSTEE | $0 | $0 | $0 |
| William C Hofmann | TRUSTEE | $0 | $0 | $0 |
Total Giving
$27K
Total Assets
$307K
Fair Market Value
$315K
Net Worth
$307K
Grants Paid
$14K
Contributions
$0
Net Investment Income
$865
Distribution Amount
$15K
Total: $305K
Total Grants
8
Total Giving
$44K
Average Grant
$5K
Median Grant
$6K
Unique Recipients
6
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mr Holland'S Opus FoundationCHARITABLE PURPOSES | Studio City, CA | $5K | 2023 |
| Alex'S Lemonade Stand For Childhood CancerCHARITABLE PURPOSES | Wynnewood, PA | $5K | 2023 |
| PhilabundanceCHARITABLE PURPOSES | Philadelphia, PA | $2K | 2023 |
| Ronald Mcdonald House Charities IncCHARITABLE PURPOSES | Philadelphia, PA | $2K | 2023 |
| Cure Alzheimers FundCHARITABLE PURPOSES | Wellesley Hills, MA | $8K | 2022 |
| Fisher Center For Alzheimers ResearchCHARITABLE PURPOSES | New York, NY | $8K | 2022 |
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