Highstead Fund Inc
- Assets
- $39.9m
- Revenue
- $2.3m
- Investments
- $36.4m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 01/2007
- Data as of
- 07/2024
- EIN
- 20-5823379
Organization Overview
Highstead Fund Inc is located in Palm Beach, FL. The organization was established in 2007. 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. Highstead Fund 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 07/2024, Highstead Fund Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $1.9m during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Elisabeth C Dudley Director | 1 | $0 | |
Henry C Dudley President, Ceo, Director | 1 | $0 | |
Sarah Dudley Plimpton Director | 1 | $0 | |
Jane C Dudley Director | 1 | $0 | |
Irina Fayman Secretary | 1 | $0 | |
Christiane Mcnamara Asst Treasurer & Asst Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dudley & Shanley Inc | 7/30/20 | $93,390 |
Schafer Cullen Capital Management Inc | 7/30/20 | $54,277 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $127,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $494,717 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,648,659 |
| Capital Gain Net Income | $1,648,659 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,888 |
| Total Revenue | $2,274,364 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,460 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,438 |
| Total operating and administrative expenses | $241,873 |
| Contributions, gifts, grants paid | $1,675,000 |
| Total expenses and disbursements | $1,916,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,409,822 |
| 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 | $448,644 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,859,239 |
| 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 |