Hutt Family Foundation
- Assets
- $432.1k
- Revenue
- $95.5k
- Investments
- $410.7k
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 27-1305767
Organization Overview
Hutt Family Foundation is located in Flower Mound, TX. The organization was established in 2010. 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. Hutt Family 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, Hutt Family Foundation generated $95.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $48.7k during the year ending 12/2021. While expenses have increased by 11.8% per year over the past 6 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, Hutt Family Foundation has awarded 177 individual grants totaling $210,351. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan C Hutt Secretary/treasurer | 1.25 | $0 | |
Robert S Hutt President | 1.25 | $0 | |
Jennifer E Neathery Director | 0.5 | $0 | |
Gregory D Hutt Director | 0.5 | $0 | |
Bradley D Hutt Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,859 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,647 |
| Capital Gain Net Income | $41,647 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $537 |
| Total operating and administrative expenses | $3,934 |
| Contributions, gifts, grants paid | $44,802 |
| Total expenses and disbursements | $48,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,346 |
| 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 | $410,716 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $432,062 |
| 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, Hutt Family Foundation has awarded $44,802 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Flower Mound, TX PURPOSE: PROGRAM FUNDING FOR ORGANIZATION ACTIVITIES | $18,000 |
Orlando, FL PURPOSE: PROGRAM FUNDING FOR ORGANIZATION ACTIVITIES | $4,200 |
Conway, AR PURPOSE: PROGRAM FUNDING FOR ORGANIZATION ACTIVITIES | $4,200 |
Englewood, CO PURPOSE: PROGRAM FUNDING FOR ORGANIZATION ACTIVITIES | $3,465 |
SOS MARRIAGE CARE PURPOSE: PROGRAM FUNDING FOR ORGANIZATION ACTIVITIES | $2,900 |
YOUTH WITH A MISSION PURPOSE: PROGRAM FUNDING FOR ORGANIZATION ACTIVITIES | $2,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jane P And Wiley L Mossy Jr Foundation Houston, TX | $339,084 | $6,855,893 |
Gene And Jerry Jones Family-Dallas Cowboys Charities Frisco, TX | $3,095,461 | $7,273,707 |
Py Foundation Artesia, NM | $56,655,367 | $3,921,217 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Gods Light In The Darkness Foundation Carlbad, NM | $31,530,012 | $790,978 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Mary E Bivins Trust Amarillo, TX | $23,577,867 | $7,091,283 |
Norman H Read 1985 Trust Amarillo, TX | $61,022,769 | $8,703,971 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
East Texas Medical Center Regional Healthcare System Tyler, TX | $164,248,819 | $57,646,365 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM | $97,006,761 | $1,880,279 |
James A Buddy Davidson Charitable Foundation Midland, TX | $104,683,845 | $20,028,427 |