Hallas Family Foundation
- Assets
- $1.2m
- Revenue
- $97.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 04/2003
- Data as of
- 06/2024
- EIN
- 04-3733391
Organization Overview
Hallas Family Foundation is located in Jackson, MI. The organization was established in 2003. 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. Hallas 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 06/2024, Hallas Family Foundation generated $97.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $120.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hallas Family Foundation has awarded 52 individual grants totaling $592,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS FOUNDATION CONTRIUTES FUNDS TO VARIOUS CHARITABLE ORGANIZATIONS. THIS IS THE FOUNDATION'S ONLY CHARITABLE ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Childs President/treasurer | 1 | $0 | |
Anne Scott Vice President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $47,500 |
| Interest on Savings | $4,916 |
| Dividends & Interest | $29,634 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,401 |
| Capital Gain Net Income | $15,401 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,704 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,567 |
| Contributions, gifts, grants paid | $95,000 |
| Total expenses and disbursements | $120,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,186 |
| 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 | $0 |
| Total assets | $1,210,651 |
| 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, Hallas Family Foundation has awarded $95,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ANDY'S ANGELS PURPOSE: GENERAL CONTRIBUTION | $10,000 |
CASCADES HUMANE SOCIETY PURPOSE: GENERAL CONTRIBUTION | $10,000 |
REECE COMMUNITY LIVING ENDEAVOR PURPOSE: GENERAL CONTRIBUTION | $20,000 |
COMPASSIONATE MINISTRIES OF JACKSON COUNTY PURPOSE: GENERAL CONTRIBUTION | $20,000 |
HENRY FORD HOSPICE HOME PURPOSE: GENERAL CONTRIBUTION | $20,000 |
HORTON MASONIC LODGE PURPOSE: GENERAL CONTRIBUTION | $15,000 |