Humke Foundation Inc
- Assets
- $2.9m
- Revenue
- $205.0k
- Investments
- $2.8m
- Employees
- 0
- Location
- Pinehurst, NC
- Founding
- 05/1996
- Data as of
- 12/2022
- EIN
- 35-1970752
Organization Overview
Humke Foundation Inc is located in Pinehurst, NC. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Humke 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.
For the year ending 12/2022, Humke Foundation Inc generated $205.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $192.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Humke Foundation Inc has awarded 68 individual grants totaling $513,855. 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 |
|---|---|---|---|
Steven K Humke President And Treasurer | 0.1 | $0 | |
Rachael E Humke VP And Secretary | 0.1 | $0 | |
Dylan Lohr Board Member | 0.1 | $0 | |
Lori Senften Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $91,185 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $111,289 |
| Capital Gain Net Income | $111,289 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $204,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,890 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,590 |
| Total operating and administrative expenses | $25,815 |
| Contributions, gifts, grants paid | $166,500 |
| Total expenses and disbursements | $192,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,544 |
| Savings and temporary cash investments | $128,831 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $37,482 |
| Total assets | $2,940,352 |
| Accounts payable and accrued expenses | $1,258 |
| 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 | $1,258 |
Grants Awarded
Over the last fiscal year, Humke Foundation Inc has awarded $166,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST TEE CHAPTER OF THE SANDHILLS PURPOSE: TO PROMOTE THE SPORT OF GOLF | $1,500 |
DUKE UNIVERSITY PURPOSE: TO PROVIDE A SUPERIOR LIBERAL EDUCATION, TO PREPARE FUTURE MEMBERS OF LEARNED PROFESSIONS, TO ADVANCE THE FRONTIERS OF KNOWLEDGE, AND TO HELP THOSE WHO SUFFER, CURE DISEASE, AND PROMOTE HEALTH | $165,000 |