Huron Foundation
- Assets
- $716.3k
- Revenue
- $18.7k
- Investments
- $677.7k
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- 06/1952
- Data as of
- 12/2022
- EIN
- 34-0735209
Organization Overview
Huron Foundation is located in Shaker Heights, OH. The organization was established in 1952. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huron 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 12/2022, Huron Foundation generated $18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $63.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Huron Foundation has awarded 54 individual grants totaling $494,600. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH & SUPPORT THE HEALTH & WELFARE OF MEMBERS OF THE COMMUNITY FORMERLY SERVED BY HURON HOSP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT ACTIVITIES (AND ORGANIZATIONS) THAT PROMOTE THE HEALTH, WELFARE AND EDUCATION OF MEMBERS OF THE COMMUNITY FORMERLY SERVED BY HURON HOSPITAL.
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keyvan Ravakhah President | 2 | $0 | |
Hinda Abramoff Secretary-Tr | 2 | $0 | |
Charinjit Bahniwal Trustee | 2 | $0 | |
Herbert S Bell Vice Preside | 2 | $0 | |
Yolanda Thigpen Trustee | 2 | $0 | |
Scott R Schell Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,910 |
| Capital Gain Net Income | $6,910 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,425 |
| Total operating and administrative expenses | $4,726 |
| Contributions, gifts, grants paid | $58,250 |
| Total expenses and disbursements | $62,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,629 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $716,313 |
| 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, Huron Foundation has awarded $58,250 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
EAST CLEVELAND NEIGHBORHOOD CENTER PURPOSE: HEALTH EDUCATION | $15,000 |
LIFEACT PURPOSE: SUICIDE PREVENTION | $5,000 |
MALACHI HOUSE PURPOSE: GENERAL OPERATIONS | $5,000 |
HANNA PERKINS CENTER FOR PURPOSE: GENERAL OPERATIONS | $5,000 |
NATIONAL COUNCIL OF JEWISH WOMEN PURPOSE: GENERAL OPERATIONS | $5,000 |
FOREST HILL CHURCH PURPOSE: GENERAL OPERATIONS | $7,500 |