Frederick Hammersley Foundation
- Assets
- $0.0
- Revenue
- $623.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corrales, NM
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 26-4790167
Organization Overview
Frederick Hammersley Foundation is located in Corrales, NM. The organization was established in 2009. 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. Frederick Hammersley 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, Frederick Hammersley Foundation generated $623.0 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 (59.6%) each year. All expenses for the organization totaled $476.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Frederick Hammersley Foundation has awarded 61 individual grants totaling $8,177,287. 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
CONTRIBUTE TO FH FUND FOR THE ARTS, A ENDOWMENT FUND @ ALBUQUERQUE COMMUNITY FOUNDATION, TO FURTHER FHF'S MISSION BEYOND ITS DISSOLUTION.
GRANTS IN SUPPORT OF PROJECTS & PROGRAMS THAT FURTHER THE PUBLIC'S UNDERSTANDING OF F HAMMERSLEY'S ART & LIFE & RECOGNIZE THE VALUE OF ART IN THE COMMUNITY..
FINALIZATION & TRANSFER OF F HAMMERSLEY ARTWORKS DATABASE & ARCHIVAL MATERIALS TO ARCHIVES OF AMERICAN ART TO MAKE INFORMATION ABOUT HAMMERSLEY'S ART & LIFE AVAILABLE TO THE PUBLIC
ORGANIZE FHF ARCHIVAL MATERIALS FOR EVENTUAL TRANSFER TO ARCHIVES OF AMERICAN ART
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen A Shields Exec Dir Pres, Sec Treasurer | 20 | $43,750 | |
Joseph Traugott Director Vice Pres | 1 | $0 | |
Rj Bailie As Of 04102020 Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $109 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $498 |
| Total Revenue | $623 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $3,061 |
| Interest | $0 |
| Taxes | $3,753 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,241 |
| Total operating and administrative expenses | $66,637 |
| Contributions, gifts, grants paid | $409,591 |
| Total expenses and disbursements | $476,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Frederick Hammersley Foundation has awarded $409,591 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALBUQUERQUE COMMUNITY FOUNDATION PURPOSE: CONTRIBUTE TO FH FUND FOR THE ARTS | $206,117 |
ALBUQUERQUE COMMUNITY FOUNDATION PURPOSE: NMPBS ARTS CULTURE PROGRAMSTAMARIND ARTIST RESIDENCY PROGRAM | $89,900 |
ARCHIVE OF AMERICAN ARTSMITHSONIAN PURPOSE: DIGITIZATION OF FH PAPERS GENERAL PROGRAMMING | $70,000 |
516 ARTS PURPOSE: FOR COVID RELIEF GRANTS TO NM ARTISTS ART ORGANIZATIONS. | $35,000 |
MONTANA HISTORICAL SOCIETY PURPOSE: PRESERVE, CATALOGUE DIGITIZE H HAMMERSLEY PHOTO COLLECTION | $8,500 |
ALBUQUERQUE COMMUNITY FOUNDATION PURPOSE: CONTRIBUTE TO FH FUND FOR THE ARTS | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |