Hazen B Hinman Sr Foundation Inc
- Assets
- $2.0m
- Revenue
- $145.6k
- Investments
- $1.9m
- Employees
- 0
- Location
- Rome, NY
- Founding
- 02/1968
- Data as of
- 12/2022
- EIN
- 16-6093005
Organization Overview
Hazen B Hinman Sr Foundation Inc is located in Rome, NY. The organization was established in 1968. 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. Hazen B Hinman Sr 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 12/2022, Hazen B Hinman Sr Foundation Inc generated $145.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $270.2k during the year ending 12/2022. While expenses have increased by 8.6% per year over the past 4 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 2020, Hazen B Hinman Sr Foundation Inc has awarded 126 individual grants totaling $605,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark F Hinman Director | 0.25 | $0 | |
Sarah L Hinman Director | 0.25 | $0 | |
Kirk B Hinman Director | 0.25 | $0 | |
David C Grow Director | 0.25 | $0 | |
Julie Grow Denton Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,395 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,230 |
| Capital Gain Net Income | $96,230 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $145,625 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,182 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,904 |
| Total operating and administrative expenses | $50,746 |
| Contributions, gifts, grants paid | $219,500 |
| Total expenses and disbursements | $270,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,582 |
| Savings and temporary cash investments | $144,825 |
| 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 | $2,036,886 |
| 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, Hazen B Hinman Sr Foundation Inc has awarded $219,500 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ABRAHAM HOUSE PURPOSE: GENERAL CONTRIBUTION | $2,000 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL CONTRIBUTION | $1,000 |
CAPITOL THEATER PURPOSE: GENERAL CONTRIBUTION | $1,000 |
CENTRAL ASSOCIATION FOR THE BLIND AND VISUALLY IMPAIRED PURPOSE: GENERAL CONTRIBUTION | $1,000 |
COLBY-SAWYER COLLEGE PURPOSE: GENERAL CONTRIBUTION | $1,000 |
COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES PURPOSE: GENERAL CONTRIBUTION | $1,000 |