Habdank Foundation
- Assets
- $1.6m
- Revenue
- $232.8k
- Investments
- $1.3m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 26-2857440
Organization Overview
Habdank Foundation is located in Louisville, KY. The organization was established in 2008. 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. Habdank 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 12/2021, Habdank Foundation generated $232.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $83.3k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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 2015, Habdank Foundation has awarded 112 individual grants totaling $460,906. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT ATTACHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Skarbek Presidentsecretary | 6.9 | $0 | |
Cynthia Skarbek Vice Presidenttreasurer | 11.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $96 |
| Dividends & Interest | $26,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $205,875 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $141 |
| Total Revenue | $232,786 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $242 |
| Printing and publications | $0 |
| Other expenses | $8,892 |
| Total operating and administrative expenses | $9,759 |
| Contributions, gifts, grants paid | $73,550 |
| Total expenses and disbursements | $83,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375,961 |
| Savings and temporary cash investments | $0 |
| 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 | $1,649,393 |
| 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 | $6,000 |
| Total liabilities | $6,000 |
Grants Awarded
Over the last fiscal year, Habdank Foundation has awarded $142,100 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: CAPITAL CAMPAIGN | $25,000 |
Louisville, KY PURPOSE: CAPITAL CAMPAIGN | $25,000 |
AF SCHOOL OF ST JUDE PURPOSE: BEYOND ST JUDE PROGRAM | $15,000 |
AF SCHOOL OF ST JUDE PURPOSE: BEYOND ST JUDE PROGRAM | $15,000 |
WESLEY THEOLOGICAL SEMINARY PURPOSE: GENERAL SUPPORT | $5,750 |
WESLEY THEOLOGICAL SEMINARY PURPOSE: GENERAL SUPPORT | $5,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
Klaff Family Foundation Chicago, IL | $171,629,374 | $12,167,429 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
The Pritzker Pucker Family Foundation Chicago, IL | $63,807,485 | $11,921,924 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |
Hummingbird Society Foundation Cincinnati, OH | $175,019 | $103,373 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |