Hardesty Family Foundation Inc
- Assets
- $136.2m
- Revenue
- $10.0m
- Investments
- $124.9m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 04/2006
- Data as of
- 11/2023
- EIN
- 20-4094088
Organization Overview
Hardesty Family Foundation Inc is located in Tulsa, OK. The organization was established in 2006. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hardesty Family 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 11/2023, Hardesty Family Foundation Inc generated $10.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $6.7m during the year ending 11/2023. While expenses have increased by 0.8% per year over the past 6 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 2017, Hardesty Family Foundation Inc has awarded 522 individual grants totaling $36,951,654. 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 |
|---|---|---|---|
F Roger Hardesty President & Director | 1 | $0 | |
Donna J Hardesty Vice-President & Director | 1 | $0 | |
Michelle Hardesty Executive Director | 40 | $108,145 | |
Connor Hardesty Director | 1 | $0 | |
Marilyn S Cox Director | 1 | $0 | |
Gene A Lister Controller | 40 | $95,316 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,582,041 |
| Interest on Savings | $1,085,911 |
| Dividends & Interest | $4,026,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,277,514 |
| Capital Gain Net Income | $1,277,514 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,913 |
| Total Revenue | $9,983,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $118,823 |
| Other employee salaries and wages | $239,690 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,109 |
| Depreciation | $1,051 |
| Occupancy | $13,702 |
| Travel, conferences, and meetings | $9,787 |
| Printing and publications | $0 |
| Other expenses | $78,409 |
| Total operating and administrative expenses | $615,231 |
| Contributions, gifts, grants paid | $6,098,684 |
| Total expenses and disbursements | $6,713,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,437 |
| Savings and temporary cash investments | $10,899,714 |
| Net Accounts receivable | $827 |
| 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 | $184,257 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $250,000 |
| Net Land, buildings, and equipment | $3,019 |
| Other assets | $0 |
| Total assets | $136,162,113 |
| Accounts payable and accrued expenses | $3,359 |
| 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 | $3,359 |
Grants Awarded
Over the last fiscal year, Hardesty Family Foundation Inc has awarded $6,098,684 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
1ST STEP MALE DIVERSION PROGRAM PURPOSE: OPERATING | $25,000 |
BRADY CRAFT INC DBA 108 CONTEMPORARY PURPOSE: OPERATING | $15,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL FUNDRAISING | $3,000 |
AMERICAN DIABETES ASSOCIATION INC PURPOSE: OPERATING | $500 |
AMERICAN NATIONAL RED CROSS - TULSA AREA CHAPTER PURPOSE: PROGRAM | $20,000 |
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS PURPOSE: OPERATING | $500 |