Hardesty Family Foundation Inc
- Assets
- $132.9m
- Revenue
- $5.9m
- Investments
- $124.2m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 04/2006
- Data as of
- 11/2022
- 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 11/2022, Hardesty Family Foundation Inc generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $6.7m during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Hardesty Family Foundation Inc has awarded 410 individual grants totaling $30,852,970. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Hardesty Executive Director | 40 | $106,150 | |
Gene A Lister Controller | 40 | $89,636 | |
Dana Wilkes Program Manager | 40 | $84,415 | |
F Roger Hardesty President & Director | 1 | $0 | |
Donna J Hardesty Vice-President & Director | 1 | $0 | |
Connor Hardesty Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,329,000 |
| Interest on Savings | $84,832 |
| Dividends & Interest | $3,853,213 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$437,672 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,000 |
| Total Revenue | $5,904,373 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $115,950 |
| Other employee salaries and wages | $218,505 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50,666 |
| Depreciation | $1,051 |
| Occupancy | $12,872 |
| Travel, conferences, and meetings | $5,163 |
| Printing and publications | $0 |
| Other expenses | $72,206 |
| Total operating and administrative expenses | $619,309 |
| Contributions, gifts, grants paid | $6,112,933 |
| Total expenses and disbursements | $6,732,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,402 |
| Savings and temporary cash investments | $8,669,263 |
| 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 | $14,601 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,500,000 |
| Net Land, buildings, and equipment | $4,070 |
| Other assets | $0 |
| Total assets | $132,895,698 |
| Accounts payable and accrued expenses | $6,404 |
| 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 | $6,404 |
Grants Awarded
Over the last fiscal year, Hardesty Family Foundation Inc has awarded $6,112,933 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
Tulsa, OK PURPOSE: CAPITAL/EQUIPMENT | $1,500,000 |
TULSA POLICE DEPARTMENT PURPOSE: CAPITAL/EQUIPMENT | $1,000,000 |
Tulsa, OK PURPOSE: CAPITAL/EQUIPMENT | $500,000 |
Tulsa, OK PURPOSE: CAPITAL/EQUIPMENT | $500,000 |
MENTAL HEALTH ASSOCIATION OKLAHOMA PURPOSE: PROGRAM | $450,000 |
Tulsa, OK PURPOSE: CAPITAL & OPERATING | $251,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Prairiestar Health Center Inc Hutchinson, KS | $20,070,980 | $16,706,412 |
Girl Scouts Of Eastern Missouri Inc St Louis, MO | $41,876,901 | $17,676,549 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Coloradans For Responsible Energy Development Denver, CO | $1,966,473 | $10,490,943 |
Rose Brooks Center Inc Kansas City, MO | $20,126,633 | $9,910,378 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
Mercy Housing West Denver, CO | $50,068,396 | $10,621,235 |
National Endowment For Financial Education Denver, CO | $147,623,294 | $20,278,344 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |