Stan Hywet Hall And Gardens Foundation is located in Akron, OH. The organization was established in 1999. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stan Hywet Hall And Gardens 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, Stan Hywet Hall And Gardens Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 1.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING ORGANIZATION FOR THE BENEFIT OF STAN HYWET HALL & GARDENS, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STAN HYWET HALL AND GARDENS FOUNDATION IS AN OHIO NONPROFIT CORPORATION OPERATING TO SUPPORT STAN HYWET HALL & GARDENS, INC., A NONPROFIT CORPORATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION EXISTS TO RAISE RESOURCES TO ENSURE THE LONG-TERM STABILITY OF PROGRAMMATIC GROWTH OF THE SUPPORTED ORGANIZATION AND ITS ENDOWMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alane Boffa Treasurer | OfficerTrustee | 4 | $0 |
Steve Strayer Chairman | OfficerTrustee | 4 | $0 |
James Pickard Vice Chair & Secretary | OfficerTrustee | 3 | $0 |
Sean M Joyce CPA President/exec Director Thru 7/31/21 | Officer | 5 | $0 |
Mark Wernig Director | Trustee | 4 | $0 |
Mike Robinson Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $669 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $669 |
Total Program Service Revenue | $0 |
Investment income | $838,531 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $794,792 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,633,992 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,223,018 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,223,025 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,597,388 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $56,250 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $494,014 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,162 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $22,760,170 |
Investments—other securities | $1,529,382 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,001 |
Total assets | $26,459,367 |
Accounts payable and accrued expenses | $723,659 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,722 |
Total liabilities | $726,381 |
Net assets without donor restrictions | $16,466,751 |
Net assets with donor restrictions | $9,266,235 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $26,459,367 |
Over the last fiscal year, we have identified 1 grants that Stan Hywet Hall And Gardens Foundation has recieved totaling $800.
Awarding Organization | Amount |
---|---|
The@marksewing Family Foundation Akron, OH PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $800 |
Beg. Balance | $28,238,236 |
Earnings | $2,847,409 |
Net Contributions | $668 |
Other Expense | $1,158,240 |
Ending Balance | $29,928,073 |
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