Richard And Thelma Hall Foundation
- Assets
- $4.9m
- Revenue
- $3.8m
- Investments
- $1.2m
- Employees
- 0
- Location
- Kalamazoo, MI
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 27-3967042
Organization Overview
Richard And Thelma Hall Foundation is located in Kalamazoo, MI. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public 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. Richard And Thelma Hall 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, Richard And Thelma Hall Foundation generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 72.2% each year . All expenses for the organization totaled $132.4k during the year ending 12/2021. While expenses have increased by 2.8% 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 2016, Richard And Thelma Hall Foundation has awarded 66 individual grants totaling $406,900. 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 |
|---|---|---|---|
Thomas T Huff Pres/sec | 2 | $0 | |
Natalie T Valentine Vp/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,687,784 |
| Interest on Savings | $62 |
| Dividends & Interest | $19,235 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $133,592 |
| Capital Gain Net Income | $133,592 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,840,673 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $489 |
| Total operating and administrative expenses | $53,851 |
| Contributions, gifts, grants paid | $78,500 |
| Total expenses and disbursements | $132,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,309 |
| Savings and temporary cash investments | $3,696,592 |
| 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 | $4,895,319 |
| 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, Richard And Thelma Hall Foundation has awarded $78,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Kalamazoo, MI PURPOSE: KALAMAZOONOW | $7,500 |
ASCENSION BORGESS FOUNDATION PURPOSE: TREE OF LOVE | $5,000 |
Kalamazoo, MI PURPOSE: OPERATIONS | $5,000 |
Kalamazoo, MI PURPOSE: HANDLE WITH CARE | $5,000 |
KALAMAZOO DOWNTOWN PARTNERSHIP PURPOSE: HOLIDAY DECORATIONS | $5,000 |
Kalamazoo, MI PURPOSE: OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Communtiy Foundation Of The Holland Zeeland Area Holland, MI | $102,848,837 | $16,439,772 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |