Hyde Family Charitable Fund
- Assets
- $3.8m
- Revenue
- $10.8m
- Investments
- $3.1m
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 09/1996
- Data as of
- 12/2023
- EIN
- 16-1502229
Organization Overview
Hyde Family Charitable Fund is located in Buffalo, NY. The organization was established in 1996. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Hyde Family Charitable Fund 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 12/2023, Hyde Family Charitable Fund generated $10.8m in total revenue. All expenses for the organization totaled $15.9m during the year ending 12/2023.
Since 2020, Hyde Family Charitable Fund has awarded 61 individual grants totaling $16,919,984. 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 |
|---|---|---|---|
Thomas R Hyde Trustee | 1 | $0 | |
Margaret H Wachtel Trustee | 0.25 | $0 | |
Douglas W Hyde Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,548,631 |
| Interest on Savings | $0 |
| Dividends & Interest | $196,645 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,657 |
| Capital Gain Net Income | $39,657 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,784,933 |
| 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 | $66,295 |
| Total operating and administrative expenses | $69,498 |
| Contributions, gifts, grants paid | $15,783,809 |
| Total expenses and disbursements | $15,853,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $758,890 |
| 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 | $3,821,959 |
| 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 | $20,000 |
| Total liabilities | $20,000 |
Grants Awarded
Over the last fiscal year, Hyde Family Charitable Fund has awarded $15,783,809 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BEARCAMP CENTER PURPOSE: EDUCATIONAL | $5,000 |
ALIVE RESCUE PURPOSE: CHARITABLE | $20,000 |
BGOLDEN PURPOSE: EDUCATIONAL | $20,000 |
COFFEE HOUSE PRESS PURPOSE: EDUCATIONAL | $5,000 |
GLASSWING INTERNATIONAL PURPOSE: EDUCATIONAL | $20,000 |
MURPH'S LIFE FOUNDATION PURPOSE: CHARITABLE | $20,000 |