Margaret M Hill Foundation
- Assets
- $2.0m
- Revenue
- $611.6k
- Investments
- $1.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 13-7088667
Organization Overview
Margaret M Hill Foundation is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community 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. Margaret M Hill Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Margaret M Hill Foundation has awarded 42 individual grants totaling $617,044. 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 |
|---|---|---|---|
Stephanie Hill Hessler Trustee | 0.25 | $0 | |
Nicholas Quinn Rosenkranz Trustee (through 4/15/22) | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,212 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $586,431 |
| Capital Gain Net Income | $586,431 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $611,643 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $41,889 |
| Contributions, gifts, grants paid | $137,000 |
| Total expenses and disbursements | $178,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $104,059 |
| 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 | $1,941,392 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,045,451 |
| 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, Margaret M Hill Foundation has awarded $137,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL PARK CONSERVANCY PURPOSE: GENERAL SUPPORT | $37,000 |
THE CHAPIN SCHOOL LTD PURPOSE: GENERAL SUPPORT | $100,000 |