Hickory Foundation
- Assets
- $42.1m
- Revenue
- $2.4m
- Investments
- $41.6m
- Employees
- 0
- Location
- Lambertville, NJ
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 22-3472805
Organization Overview
Hickory Foundation is located in Lambertville, NJ. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hickory 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, Hickory Foundation generated $2.4m 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 (18.5%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hickory Foundation has awarded 271 individual grants totaling $11,478,100. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $835,891 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,538,721 |
| Capital Gain Net Income | $1,538,721 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,374,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,526 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $165,037 |
| Total operating and administrative expenses | $190,879 |
| Contributions, gifts, grants paid | $2,979,500 |
| Total expenses and disbursements | $3,170,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,471 |
| Savings and temporary cash investments | $135,561 |
| 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 | $42,083,535 |
| 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, Hickory Foundation has awarded $2,979,500 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION INSTITUTE PURPOSE: CHARITABLE | $5,000 |
AMERICAN FOREST FOUNDATION PURPOSE: CHARITABLE | $1,000 |
AMERICAN CIVIL RIGHTS INSTITUTE PURPOSE: CHARITABLE | $50,000 |
AMERICAN PRINCIPLES PROJECT FOUNDATION PURPOSE: CHARITABLE | $100,000 |
BALLOTPEDIA PURPOSE: CHARITABLE | $25,000 |
BRIGHTER CHOICE FOUNDATION PURPOSE: CHARITABLE | $100,000 |