Hathaway Memorial Charitable Trust
- Assets
- $1.7m
- Revenue
- $67.4k
- Investments
- $1.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/1992
- Data as of
- 07/2024
- EIN
- 04-6599655
Organization Overview
Hathaway Memorial Charitable Trust is located in Dallas, TX. The organization was established in 1992. 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. Hathaway Memorial Charitable Trust 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 07/2024, Hathaway Memorial Charitable Trust generated $67.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $107.4k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hathaway Memorial Charitable Trust has awarded 77 individual grants totaling $734,612. 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 |
|---|---|---|---|
Bank Of America Trustee | 1 | $22,461 | |
Charles E Reed Co-Trustee | 1 | $0 | |
Allen Smith Co-Trustee | 1 | $0 | |
Cheryl L Rieder Co-Trustee | 1 | $0 | |
Eydie A Furtado Co-Trustee | 1 | $0 | |
Jamison Souza Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,867 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,317 |
| Capital Gain Net Income | $15,317 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,178 |
| Total Revenue | $67,362 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,461 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,748 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,901 |
| Total operating and administrative expenses | $27,360 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $107,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$23,304 |
| Savings and temporary cash investments | $0 |
| 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 | $1,726,860 |
| 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, Hathaway Memorial Charitable Trust has awarded $80,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SPIRIT OF SOMERSET PURPOSE: UNRESTRICTED GENERAL | $9,800 |
SOMERSET BERKLEY REGIONAL PURPOSE: UNRESTRICTED GENERAL | $20,000 |
SOMERSET BAPTIST CHURCH PURPOSE: GRANT | $8,900 |
CONGREGATIONAL CHRISTIAN CHURCH PURPOSE: UNRESTRICTED GENERAL | $22,000 |
SOMERSET BASEBALL PURPOSE: UNRESTRICTED GENERAL | $8,490 |
FRIENDS OF SOMERSET PURPOSE: UNRESTRICTED GENERAL | $6,300 |