Murden Rickenbacker Hugginscharitable Foundation
- Assets
- $432.7k
- Revenue
- $25.5k
- Investments
- $425.7k
- Employees
- 0
- Location
- Cayce, SC
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-6764399
Organization Overview
Murden Rickenbacker Hugginscharitable Foundation is located in Cayce, SC. 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. Murden Rickenbacker Hugginscharitable Foundation 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, Murden Rickenbacker Hugginscharitable Foundation generated $25.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $32.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Murden Rickenbacker Hugginscharitable Foundation has awarded 71 individual grants totaling $216,664. 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
CONTRIBUTION FOR CHARITABLE PURPOSES TO SOUTHERN METHODIST COLLEGE
CONTRIBUTION FOR CHARITABLE PURPOSES TO AMERICA'S VET DOGS
CONTRIBUTRION FOR CHARITABLE PURPOSES TO NATIONAL ARCHITECTURAL TRAVEL ENDOWMENT
CONTRIBUTION FOR CHARITABLE PURPOSE TO HEALTHY LEARNERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Elizabeth Gressette Trustee | 0 | $0 | |
Margaret Emily G Rucker Trustee | 0 | $0 | |
Thomas Ashby Gressette Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,057 |
| Dividends & Interest | $11,161 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,251 |
| Capital Gain Net Income | $1,161 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,469 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $586 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $748 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,084 |
| Contributions, gifts, grants paid | $29,685 |
| Total expenses and disbursements | $32,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,517 |
| Savings and temporary cash investments | $4,535 |
| 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 | $190,404 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $432,739 |
| 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, Murden Rickenbacker Hugginscharitable Foundation has awarded $29,685 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN METHODIST COLLEGE PURPOSE: CHARITABLE | $11,886 |
GRESSETTE NATIONAL ARCHITECTURAL PURPOSE: CHARITABLE | $5,033 |
HEALTHY LEARNERS PURPOSE: CHARITABLE | $2,000 |
CHILDRENS TRUST OF SC PURPOSE: CHARITABLE | $2,000 |
CANCER OF MANY COLORS PURPOSE: CHARITABLE | $1,933 |
BOY SCOUTS OF AMERICA - PEE DEE COU PURPOSE: CHARITABLE | $500 |