Hyde Foundation Inc
- Assets
- $1.1m
- Revenue
- $58.7k
- Investments
- $950.0k
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 16-6035220
Organization Overview
Hyde Foundation Inc is located in Buffalo, NY. The organization was established in 0000. 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. Hyde 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, Hyde Foundation Inc generated $58.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $108.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hyde Foundation Inc has awarded 117 individual grants totaling $681,034. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George H Hyde Jr President | 2 | $0 | |
Ellen Spencer Trustee | 0.25 | $5,000 | |
Heidi Raphael Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,634 |
| Dividends & Interest | $45,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,704 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $498 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,215 |
| Printing and publications | $0 |
| Other expenses | $3,610 |
| Total operating and administrative expenses | $41,735 |
| Contributions, gifts, grants paid | $67,000 |
| Total expenses and disbursements | $108,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,760 |
| Savings and temporary cash investments | $93,064 |
| 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 | $7,959 |
| Total assets | $1,057,759 |
| 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, Hyde Foundation Inc has awarded $67,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SPCA PURPOSE: GENERAL OPERATIONS | $30,000 |
HOLLYWOOD CHARITY HORSE SHOW PURPOSE: GENERAL OPERATIONS | $10,000 |
ARIZONA SPORTSMAN FUND PURPOSE: GENERAL OPERATIONS | $1,000 |
IRISH CULTURAL & FOLK ARTS ASSOC PURPOSE: GENERAL OPERATIONS | $5,000 |
HOME BASE FOUNDATION PURPOSE: GENERAL OPERATIONS | $5,000 |
100 CLUB OF BUFFALO PURPOSE: GENERAL OPERATIONS | $5,000 |