Fred & Cheryl Hale Support Foundation
- Assets
- $1.8m
- Revenue
- $60.7k
- Investments
- $662.7k
- Employees
- 0
- Location
- Centerville, UT
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 31-1489773
Organization Overview
Fred & Cheryl Hale Support Foundation is located in Centerville, UT. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fred & Cheryl Hale Support 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, Fred & Cheryl Hale Support Foundation generated $60.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $110.3k during the year ending 12/2021. While expenses have increased by 9.3% 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 2014, Fred & Cheryl Hale Support Foundation has awarded 59 individual grants totaling $416,642. 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 |
|---|---|---|---|
Fred Hale Dir/trustee | 0 | $10,000 | |
Cheryl Hale Director | 0 | $10,000 | |
Craig Salmon Director | 0 | $0 | |
Sheryl Allen Director | 0 | $0 | |
Mark Alder Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,168 |
| Interest on Savings | $9,298 |
| Dividends & Interest | $13,331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,878 |
| Capital Gain Net Income | $25,012 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,675 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,969 |
| Total operating and administrative expenses | $25,969 |
| Contributions, gifts, grants paid | $84,299 |
| Total expenses and disbursements | $110,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $962,592 |
| 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 | $150,313 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $662,730 |
| Net Land, buildings, and equipment | $71,214 |
| Other assets | $0 |
| Total assets | $1,846,849 |
| 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 | $4,500 |
| Total liabilities | $4,500 |
Grants Awarded
Over the last fiscal year, Fred & Cheryl Hale Support Foundation has awarded $84,299 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LDS CHURCH PURPOSE: TO FURTHER ORGANIZATION'S PURPOSES | $46,899 |
CENTERPOINT LEGACEY THEATRE PURPOSE: TO FURTHER ORGANIZATION'S PURPOSES | $20,000 |
RED BARN PURPOSE: TO FURTHER ORGANIZATION'S PURPOSES | $8,000 |
Kaysville, UT PURPOSE: TO FURTHER ORGANIZATION'S PURPOSES | $5,000 |
RONALD AND CAROL BANGERTER PURPOSE: TO FURTHER ORGANIZATION'S PURPOSES | $2,000 |
Rexburg, ID PURPOSE: SCHOLARSHIP FUND | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youthpower365 Avon, CO | $5,753,530 | $7,376,759 |
Seedworks Fund Denver, CO | $15,434,890 | $1,367,123 |
Kissinger Family Foundation Inc Boulder, CO | $16,577,759 | $11,010,066 |
Fund For Change Santa Fe, NM | $531,456 | $472,266 |
Nell L Thompson Charitable Trust 4019851382 Las Vegas, NV | $2,774,153 | $282,066 |
The Jimmie Heuga Center Endowment Denver, CO | $490,130 | $65,390 |
Florentine R Camenisch Trust C/O Union Bank Of California Phoenix, AZ | $1,984,154 | $214,203 |
Greenlee Family Foundation Lafayette, CO | $1,370,016 | $287,381 |
Pearson Edith King T-W Las Vegas, NV | $2,254,616 | $191,993 |
Isabella M Cowell Endowment Sutter Hospital Tr 318-050835 Las Vegas, NV | $2,011,997 | $268,073 |
Winifred Greenleaf Allen Charitable Trust Las Vegas, NV | $1,851,564 | $117,567 |
Dee R Bangerter Support Foundation Woods Cross, UT | $547 | $0 |