Skip to content
Nonprofiteer
← ANABAPTIST FOUNDATION

Form 990 for tax year 2022

Filed by ANABAPTIST FOUNDATION.

Totals

Total revenue
$41,645,237
Total expenses
$36,540,359
Contributions and grants received
$40,520,582
Grants paid
$35,759,958
Program service revenue
$83,519
Investment income
$1,116,925
Other revenue
-$75,789
Total assets, end of year
$52,516,777
Total liabilities, end of year
$277,465
Net assets or fund balances, end of year
$52,239,312
Program services expenses (Part IX)
$36,158,092
Management and general expenses
$345,404
Fundraising expenses
$36,863
Program service expenses (Part III)
$36,158,092

Program services were 99.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $40,520,582

  • 1g · Noncash contributions included above

    $6,229,462

  • 2a · Program service revenue: Loan program interest

    total $3,000 · related or exempt $3,000

  • 2b · Program service revenue: CSR program income

    total $80,519 · related or exempt $80,519

  • 3 · Investment income

    total $1,137,707 · excluded $1,137,707

  • 6a · Gross rents

    real property $46,931

  • 6b · Less rental expenses

    real property $205,452

  • 6c · Rental income or loss

    real property -$158,521

  • 6d · Net rental income or loss

    total -$158,521 · excluded -$158,521

  • 7a · Gross sales of assets other than inventory

    securities $2,027,084 · other assets $136,213

  • 7b · Less cost or other basis and sales expenses

    securities $2,039,079 · other assets $145,000

  • 7c · Gain or loss

    securities -$11,995 · other assets -$8,787

  • 7d · Net gain or loss

    total -$20,782 · excluded -$20,782

  • 11a · Other revenue: Business interest incom

    total $13,732 · unrelated business $13,732

  • 11d · All other revenue

    total $69,000 · related or exempt $69,000

  • 11e · Other revenue, total

    $82,732

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $35,759,958 · program services $35,759,958

  • 5 · Compensation of officers, directors and key employees

    total $109,394 · program services $50,637 · management and general $51,996 · fundraising $6,761

  • 7 · Other salaries and wages

    total $266,184 · program services $123,368 · management and general $126,679 · fundraising $16,137

  • 8 · Pension plan contributions

    total $2,589 · program services $1,150 · management and general $1,180 · fundraising $259

  • 10 · Payroll taxes

    total $30,225 · program services $13,611 · management and general $14,621 · fundraising $1,993

  • 11b · Fees: legal

    total $15,220 · management and general $15,220

  • 11c · Fees: accounting

    total $31,939 · management and general $31,775 · fundraising $164

  • 11g · Fees: other

    total $1,394 · management and general $1,394

  • 12 · Advertising and promotion

    total $28,704 · program services $26,413 · management and general $813 · fundraising $1,478

  • 13 · Office expenses

    total $55,779 · program services $48,904 · management and general $6,524 · fundraising $351

  • 14 · Information technology

    total $36,160 · program services $18,080 · management and general $18,080

  • 16 · Occupancy

    total $57,430 · program services $15,000 · management and general $39,430 · fundraising $3,000

  • 17 · Travel

    total $54,310 · program services $27,155 · management and general $21,829 · fundraising $5,326

  • 22 · Depreciation, depletion and amortization

    total $5,964 · management and general $5,964

  • 23 · Insurance

    total $3,970 · program services $1,200 · management and general $2,530 · fundraising $240

  • 24a · Other expenses: Filing and other fees

    total $66,848 · program services $66,848

  • 24b · Other expenses: Other supplies

    total $11,617 · program services $5,768 · management and general $4,695 · fundraising $1,154

  • 24c · Other expenses: Income tax

    total $2,674 · management and general $2,674

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,057,875 · end of year $1,127,215

  • 2 · Savings and temporary cash investments

    beginning of year $6,087,024 · end of year $4,115,384

  • 4 · Accounts receivable

    beginning of year $7,688 · end of year $182,092

  • 7 · Other notes and loans receivable

    beginning of year $31,000,000 · end of year $34,000,000

  • 10a · Land, buildings and equipment: cost or other basis

    $1,690,408

  • 10b · Land, buildings and equipment: accumulated depreciation

    $113,508

  • 10c · Land, buildings and equipment, net

    beginning of year $1,616,660 · end of year $1,576,900

  • 11 · Investments: publicly traded securities

    beginning of year $1,937,816 · end of year $2,180,801

  • 13 · Investments: program-related

    beginning of year $1,377,369 · end of year $2,627,147

  • 15 · Other assets

    beginning of year $3,411,429 · end of year $6,707,238

  • 17 · Accounts payable and accrued expenses

    beginning of year $134,178 · end of year $41,593

  • 25 · Other liabilities

    beginning of year $231,636 · end of year $235,872

  • 27 · Net assets without donor restrictions

    beginning of year $44,776,441 · end of year $50,004,205

  • 28 · Net assets with donor restrictions

    beginning of year $2,353,606 · end of year $2,235,107

Mission and programs · 2022

Mission

Anabaptist Foundation has been established to assist donors in channeling material resources within the Kingdom of Christ and to provide donors with financial counsel consistent with conservative Anabaptist beliefs and values.

  • Anabaptist Foundation makes contributions to exempt organizations including churches and other publicly supported organizations. During the current year, Anabaptist Foundation made grants to numerous exempt organizations, totaling $35,759,958.

    Expenses $36,158,092 · Grants $35,759,958

  • Charity Hardship Fund: AF operates a program called Charity Hardship Fund, which provides support to its constituency churches. Loans are provided to help churches manage large financial needs within their own church alms and medical funds. Loans are short-term (generally not more than 2 year terms) and are extended either interest-free or at low interest. As loans are repaid, the funds recycle into new support loans for other churches. As of its current year-end, AF had 20 outstanding hardship loans totaling $2,701,862.

    Revenue $3,000

As filed on the 2022 return.

Listed in Part VII

  • Paul A Miller

    Executive Officer

    Total calculated
    $128,596
    From this org
    $0
    From related orgs
    $124,738
    Other
    $3,858
    Hours/week
    0 + 44 related

  • Tim Thomas

    Chief Financial Officer

    Total calculated
    $126,396
    From this org
    $0
    From related orgs
    $122,604
    Other
    $3,792
    Hours/week
    0 + 43.5 related

  • Richie Lauer

    Foundation Officer

    Total calculated
    $105,500
    From this org
    $102,335
    From related orgs
    $0
    Other
    $3,165
    Hours/week
    39.1

  • Floyd Miller

    Operations Officer

    Total calculated
    $97,312
    From this org
    $0
    From related orgs
    $94,478
    Other
    $2,834
    Hours/week
    0 + 42.7 related

  • Merle Herr

    Business Resource Officer

    Total calculated
    $78,125
    From this org
    $0
    From related orgs
    $75,781
    Other
    $2,344
    Hours/week
    0 + 29.8 related

  • Dennis Martin

    Executive Administrator

    Total calculated
    $22,581
    From this org
    $0
    From related orgs
    $22,581
    Other
    $0
    Hours/week
    0 + 8.7 related

  • David Mark Martin

    At large

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • M David Wengerd

    At large

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Stephen Stoltzfus

    At large

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Larry Troyer

    At large

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Kenneth Burkholder

    Vice Chairman

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Andrew Zimmerman

    Secretary

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Ben A Stoltzfus

    Chairman

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Wayne Keim

    At large

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Amos Hurst Jr

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Nathan Zimmerman

    At large

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2022
Filed
12 September 2023
IRS schema version
2022v5.0
Source object
202322559349300932

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.