Hardy Lane Foundation Inc
- Assets
- $0.0
- Revenue
- -$4.8m
- Investments
- $10.2m
- Employees
- 0
- Location
- North Besthesda, MD
- Founding
- 02/2012
- Data as of
- 12/2020
- EIN
- 27-4970024
Organization Overview
Hardy Lane Foundation Inc is located in North Besthesda, MD. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hardy Lane Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Hardy Lane Foundation Inc has awarded 47 individual grants totaling $6,772,191. 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 |
|---|---|---|---|
Alfred I Tauber Director/president | 4 | $36,803 | |
Jay H Grossman Treasurer | 1 | $0 | |
Sharon L Hall Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $355,785 |
| Profit on Inventory Sales | $0 |
| Other Income | $27,725 |
| Total Revenue | -$4,771,920 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,337 |
| Pension plans, employee benefits | $1,237 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $219 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $498,737 |
| Contributions, gifts, grants paid | $1,318,605 |
| Total expenses and disbursements | $1,817,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,618,642 |
| Other assets | $48,824 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hardy Lane Foundation Inc has awarded $749,533 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $250,000 |
West Hartford, CT PURPOSE: GENERAL SUPPORT | $225,000 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $99,200 |
NEW ISRAEL FUND PURPOSE: GENERAL SUPPORT | $90,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $42,000 |
THE NATIONAL LIBRARY OF ISRAEL PURPOSE: GENERAL SUPPORT | $33,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
District Of Columbia College Access Program Washington, DC | $105,959,870 | $18,161,486 |
Asian And Pacific Islander American Scholarship Fund Washington, DC | $37,686,826 | $13,616,717 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |
James Annenberg La Vea Charitable Foundation Philadelphia, PA | $176,224,277 | $5,500,392 |