W Henry Hoover Charitable Tr
- Assets
- $898.0k
- Revenue
- $28.2k
- Investments
- $913.5k
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 07/1994
- Data as of
- 12/2022
- EIN
- 34-7006675
Organization Overview
W Henry Hoover Charitable Tr is located in Brooklyn, OH. The organization was established in 1994. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. W Henry Hoover Charitable Tr 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, W Henry Hoover Charitable Tr generated $28.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $98.2k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 4 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 2020, W Henry Hoover Charitable Tr has awarded 12 individual grants totaling $194,890. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,121 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,060 |
| Capital Gain Net Income | $6,060 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $24,640 |
| Contributions, gifts, grants paid | $73,569 |
| Total expenses and disbursements | $98,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$15,444 |
| 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 | $913,457 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $898,013 |
| 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, W Henry Hoover Charitable Tr has awarded $73,569 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY CHRISTIAN CHURCH PURPOSE: GENERAL OPERATING | $18,285 |
STARK COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATING | $19,665 |
DUKE UNIVERSITY PURPOSE: GENERAL OPERATING | $17,048 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL OPERATING | $18,571 |