The Bodman Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 046557357 ✦ El paso, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Bodman Foundation?

The Bodman Foundation, established in El Paso, Texas, serves as a supporting organization under Section 509(A)(3). Their primary mission is to distribute funds to various selected charitable organizations, as chosen by their trustees. By doing so, they contribute to the overall objectives and activities of these designated charitable entities. The Bodman Foundation functions as a disbursing entity, providing financial support to these chosen charities. This assistance helps these organizations further their own missions and initiatives, ultimately benefiting the communities they serve. The information provided does not specify the number of employees or the range of charities they support, but it is clear that the Bodman Foundation plays an essential role in supporting the charitable sector.

Is The Bodman Foundation legitimate?

The Bodman Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bodman Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Bodman Foundation?

The Bodman Foundation, acting as a supporting organization under Section 509(A)(3), is dedicated to providing financial assistance to designated charitable organizations. Their mission involves disbursing funds to these chosen charities, as decided by the foundation's trustees. The primary goal of The Bodman Foundation is to contribute to the causes and initiatives of these charities, thereby supporting their respective missions and impact in various communities. The specific charities supported by The Bodman Foundation are outlined in an attached list.

Who is the CEO of The Bodman Foundation?

Perry Barber is the Trustee of The Bodman Foundation.

What is the revenue of The Bodman Foundation?

The Bodman Foundation's revenue in 2022 was $70,772.

Who are the executives of The Bodman Foundation and what are their salaries?


Here are 5 key members and their salaries:


M Diane Bodman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Culver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Barber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Oscar Barber Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Galvin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Bodman Foundation?

The Bodman Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Bodman Foundation

The Bodman Foundation, as a supporting organization under Section 509(A)(3), is committed to providing financial assistance to designated charitable organizations. In essence, the foundation's role is to distribute funds to these chosen charities, with the decisions made by its trustees. This mission underscores The Bodman Foundation's dedication to supporting the charitable sector and contributing to various causes that align with its trustees' choices. By providing funds, The Bodman Foundation plays a significant role in amplifying the impact of these charities, enabling them to carry out their noble missions more effectively.

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Impact




October, 2024

The Bodman Foundation significantly impacts the communities it serves by providing financial support to various designated charitable organizations. Through its disbursements, the foundation enhances the capacity of these charities to fulfill their missions, addressing vital societal needs. Located in El Paso, Texas, the foundation carefully selects charities that align with its mission, ensuring that the funds are directed toward impactful initiatives. By acting as a supporting organization under Section 509(a)(3), The Bodman Foundation plays a crucial role in bolstering philanthropic efforts, contributing to the betterment of the community and fostering positive change.




This information is meant to be a general summary of The Bodman Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$70,772 (2022)
Expenses
$138,934 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $70,772
  • Gross Receipts: $1,026,641

Assets and Liabilities:

  • Total Assets: $2,078,492
  • Total Liabilities: $0
  • Net Assets: $2,078,492

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Organization Details

Founding Year

1986

Principal Officer

Perry Barber

Main Address

201 E MAIN 1500, EL PASO, TX, 79901

NTEE Category

Code: T00 - Philanthropy

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