Joseph H Hill Memorial Foundation Inc
- Assets
- $33.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Haslett, MI
- Founding
- 08/1961
- Data as of
- 06/2022
- EIN
- 35-6030098
Organization Overview
Joseph H Hill Memorial Foundation Inc is located in Haslett, MI. The organization was established in 1961. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph H Hill Memorial 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.
Since 2015, Joseph H Hill Memorial Foundation Inc has awarded 15 individual grants totaling $215,475. 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 Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS IN THE PROCESS OF DISSOLVING AND THUS ARE DISTRIBUTING FUNDS TO OTHER 501(C)(3) ORGANIZATIONS. EXPENSES REPRESENT DISTRIBUTIONS TO OTHER CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Otto Bulk Director | 0.25 | $0 | |
Donald Howell Director | 0.25 | $0 | |
Harry Van Wingerden Director | 0.25 | $0 | |
Jimmy Zheng Director | 0.25 | $0 | |
George Marciel Director | 0.25 | $0 | |
Norman Peterkort Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $250 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $30,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,252 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $33,252 |
| 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, Joseph H Hill Memorial Foundation Inc has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
J SHINODA MEMORIAL SCHOLARSHIP FDN PURPOSE: HILL DONATIONTO WIND DOWN ITSOPERATIONS | $25,000 |
NATIONAL KIDNEY FOUNDATION PURPOSE: HILL DONATIONTO WIND DOWN ITSOPERATIONS | $5,000 |
Endowment Analysis
| Beg. Balance | $501,475 |
| Earnings | $27,146 |
| Admin Expense | $4,130 |
| Other Expense | $20,000 |
| Grants | $15,000 |
| Ending Balance | $489,491 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Dairy Association Of Michigan Inc Okemos, MI | $3,921,233 | $8,317,997 |
Center For Healthcare Research & Transformation Ann Arbor, MI | $2,198,670 | $6,645,435 |
Innovative Lifestyles Inc Clarkston, MI | $1,440,300 | $6,333,556 |
Cleveland Va Medical Research And Education Foundation Cleveland, OH | $5,763,350 | $4,153,737 |
Society For Investigative Dermatology Inc Cleveland, OH | $10,062,839 | $2,813,359 |
Northern Indiana Education Foundation Inc Michigan City, IN | $18,815,733 | $2,249,251 |
Michigan Petroleum Association Lansing, MI | $1,742,386 | $1,176,439 |
Interrai Ann Arbor, MI | $4,412,577 | $1,351,910 |
Humanitarian Foundation Supreme Council M O V P E R Gahanna, OH | $16,654,410 | $1,210,781 |
Indianapolis Gastroenterology Research Foundation Inc Indianapolis, IN | $249,040 | $504,107 |
Isthmus Project Inc Madison, WI | $211,733 | $0 |
International Association For Great Lakes Research-Michigan Ann Arbor, MI | $755,664 | $427,991 |