Hamill Foundation
- Assets
- $206.9m
- Revenue
- $25.4m
- Investments
- $181.8m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/1969
- Data as of
- 12/2022
- EIN
- 23-7028238
Organization Overview
Hamill Foundation is located in Houston, TX. The organization was established in 1969. 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. Hamill 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 12/2022, Hamill Foundation generated $25.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $17.1m during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 4 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 2020, Hamill Foundation has awarded 277 individual grants totaling $37,832,000. 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 |
|---|---|---|---|
Charlie H Read Pres., Treas., Dir. | 41 | $351,000 | |
Charles W Snider V.p., Dir. | 1 | $42,000 | |
Thomas H Brown Vp, Grants Director, Dir | 41 | $271,000 | |
William T Miller Director | 1 | $42,000 | |
Barbara L Strobel Director | 1 | $42,000 | |
Pamela Y Stanton Executive Assistant | 40 | $131,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vaughan Nelson | 12/30/22 | $622,418 |
Merrill Lynch | 12/30/22 | $266,234 |
Avalon Advisors | 12/30/22 | $187,545 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $175 |
| Dividends & Interest | $4,142,041 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,886,176 |
| Capital Gain Net Income | $12,886,176 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,352,004 |
| Total Revenue | $25,380,396 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $748,000 |
| Other employee salaries and wages | $213,000 |
| Pension plans, employee benefits | $133,123 |
| Interest | $0 |
| Taxes | $1,388,367 |
| Depreciation | $19,679 |
| Occupancy | $71,548 |
| Travel, conferences, and meetings | $2,371 |
| Printing and publications | $0 |
| Other expenses | $198,873 |
| Total operating and administrative expenses | $4,048,640 |
| Contributions, gifts, grants paid | $13,097,000 |
| Total expenses and disbursements | $17,145,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,818 |
| Savings and temporary cash investments | $24,913,987 |
| 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 | $193,637 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,082,140 |
| Net Land, buildings, and equipment | $13,214 |
| Other assets | $3,926 |
| Total assets | $206,883,664 |
| 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, Hamill Foundation has awarded $13,097,000 in support to 89 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION - HOUSTON & SOUTHEAST TEXAS CHAPTER PURPOSE: OPERATING SUPPORT FOR CORE PROGRAMS & SERVICES INCLUDING HELPLINE, COMMUNITY PRESENTATIONS, CARE CONSULTANTS, SUPPORT GROUPS FOR CAREGIVERS & INDIVIDUALS | $150,000 |
AMAZING PLACE PURPOSE: OPERATING SUPPORT FOR DAY CENTER DEVOTED TO THOSE WITH MILD OR MODERATE ALZHEIMER'S DISEASE OR RELATED DEMENTIA & CAPITAL CAMPAIGN FOR A NEW FACILITY IN KATY. | $400,000 |
ANGELA HOUSE PURPOSE: OPERATING PROGRAMS TO PROVIDE A RESIDENTIAL FACILITY FOR RECENTLY INCARCERATED WOMEN & TO PAY OFF ITS REMAINING MORTGAGE. | $150,000 |
ARCHWAY ACADEMY PURPOSE: OPERATING SUPPORT FOR CORE PROGRAMS TO OFFER A SOBER HIGH SCHOOL FOR STUDENTS IN RECOVERY FROM SUBSTANCE ABUSE & MENTAL HEALTH ISSUES. | $200,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: FOR MEDICAL RESEARCH FOR IMPROVING CORNEAL SURGICAL TECHNIQUES, DRY EYE & OCULAR SURFACE DISEASES & GLAUCOMA & RELATED DIAGNOSTIC TESTING | $150,000 |
THE BEACON (CATHEDRAL HEALTH MINISTRIES) PURPOSE: OPERATING SUPPORT FOR HOMELESS SERVICES | $200,000 |