Huisking Foundation Inc
- Assets
- $30.0m
- Revenue
- -$100.6k
- Investments
- $29.9m
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 03/1948
- Data as of
- 12/2022
- EIN
- 13-6117501
Organization Overview
Huisking Foundation Inc is located in Raleigh, NC. The organization was established in 1948. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Huisking Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Huisking Foundation Inc has awarded 1,628 individual grants totaling $11,879,600. 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 |
|---|---|---|---|
Frank R Huisking Treasurer/director | 10 | $0 | |
William W Huisking President/director | 2 | $0 | |
Jean M Steinschneider Director | 0.5 | $0 | |
Margaret Mccrary Director | 0.5 | $0 | |
Clairemarie Field Vice President/director | 2 | $0 | |
Charles L Huisking Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $579 |
| Dividends & Interest | $716,403 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$817,543 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$100,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $35,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,614 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $115 |
| Total operating and administrative expenses | $145,291 |
| Contributions, gifts, grants paid | $1,674,000 |
| Total expenses and disbursements | $1,819,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,780 |
| 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 | $29,885,678 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,951,458 |
| 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, Huisking Foundation Inc has awarded $1,674,000 in support to 216 organizations.
| Grant Recipient | Amount |
|---|---|
A LEG TO STAND ON PURPOSE: OPERATING SUPPORT | $20,000 |
ACCORD SCHOOL PURPOSE: OPERATING SUPPORT | $3,500 |
ADOPT-A-PLATOON SOLDIER SUPPORT PURPOSE: OPERATING SUPPORT | $2,000 |
ALABAMA SCHOOL OF FINE ARTS PURPOSE: OPERATING SUPPORT | $2,000 |
ALTAMONT SCHOOL PURPOSE: OPERATING SUPPORT | $2,000 |
ALACHUA CONSERVATION TRUST PURPOSE: TUSCAWILLA LEARNING CTR. | $5,000 |