Hunters Hope Foundation Inc
- Assets
- $2.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Orchard Park, NY
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 16-1552315
Organization Overview
Hunters Hope Foundation Inc is located in Orchard Park, NY. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Hunters Hope Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hunters Hope 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.
For the year ending 12/2023, Hunters Hope Foundation Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hunters Hope Foundation Inc has awarded 66 individual grants totaling $1,275,006. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE PUBLIC AWARENESS, TO SUPPORT, TO FUND RESEARCH EFFORTS TO FIND A CURE FOR KRABBE DISEASE AND OTHER LEUKODYSTROPHIES, AND TO PROMOTE FAMILY VALUES TO PARENTS ALL OVER THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & AWARENESS - THE FOUNDATION STRIVES TO BROADEN PUBLIC AWARENESS OF KRABBE DISEASE AND OTHER LEUKODYSTROPHIES THUS INCREASING THE PROBABILITY OF EARLY DETECTION AND TREATMENT.
FAMILY ASSISTANCE - THE FOUNDATION UNDERTAKES TO GATHER AND PROVIDE CURRENT, FUNCTIONAL INFORMATION, AND SERVICE LINKAGES TO FAMILIES OF CHILDREN WITH LEUKODYSTROPHIES.THE FOUNDATION STRIVES TO ESTABLISH AN ALLIANCE OF HOPE THAT WILL NOURISH, AFFIRM, AND CONFRONT THE URGENT NEED FOR MEDICAL, AND FINANCIAL SUPPORT OF FAMILY MEMBERS AND THOSE AFFLICTED WITH LEUKODYSTROPHIES.
RESEARCH - THE FOUNDATION'S GOAL IS TO SUPPORT MEDICAL/RESEARCH EFFORTS THAT WILL IDENTIFY NEW TREATMENTS, THERAPIES, AND ULTIMATELY, A CURE FOR KRABBE DISEASE AND OTHER LEUKODYSTROPHIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Kelly President | OfficerTrustee | 8 | $0 |
Jill Kelly Chairwoman | OfficerTrustee | 8 | $0 |
Paul Boser Treasurer | OfficerTrustee | 2 | $0 |
Camryn Kelly Director | Trustee | 1 | $0 |
Greg Connors Director | Trustee | 1 | $0 |
Phil May Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,980,257 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,980,257 |
| Total Program Service Revenue | $0 |
| Investment income | $41,515 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,192 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,027,964 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $220,000 |
| Grants and other assistance to domestic individuals. | $130,586 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,000 |
| Compensation of current officers, directors, key employees. | $16,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,677 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,736 |
| Payroll taxes | $25,744 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,400 |
| Fees for services: Other | $73,601 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,533 |
| Royalties | $0 |
| Occupancy | $37,958 |
| Travel | $21,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $101,121 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,792 |
| Insurance | $8,333 |
| All other expenses | $0 |
| Total functional expenses | $1,066,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,945 |
| Savings and temporary cash investments | $209,215 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,618 |
| Net Land, buildings, and equipment | $6,221 |
| Investments—publicly traded securities | $1,974,621 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $173,332 |
| Total assets | $2,528,952 |
| Accounts payable and accrued expenses | $9,924 |
| Grants payable | $120,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $173,332 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $303,256 |
| Net assets without donor restrictions | $1,001,696 |
| Net assets with donor restrictions | $1,224,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,528,952 |
Grants Awarded
Over the last fiscal year, Hunters Hope Foundation Inc has awarded $220,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO PURPOSE: LEUKODYSTROPHY CARE NETWORK-FAMILY | $20,000 |
CHILDREN'S HEALTHCARE OF ATLANTA PURPOSE: LEUKODYSTROPHY CARE NETWORK-FAMILY | $20,000 |
DUKE UNIVERSITY PURPOSE: LEUKODYSTROPHY CARE NETWORK-FAMILY | $40,000 |
KENNEDY KRIEGER INSTITUTE PURPOSE: LEUKODYSTROPHY CARE NETWORK-FAMILY | $20,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: LEUKODYSTROPHY CARE NETWORK-FAMILY | $20,000 |
UNIVERSITY OF ROCHESTERGOLISANO CHILDREN'S HOSPITAL PURPOSE: LEUKODYSTROPHY CARE NETWORK-FAMILY | $20,000 |