Hiawatha Education Foundation
- Assets
- $57.6m
- Revenue
- $2.9m
- Investments
- $52.1m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 12/1987
- Data as of
- 12/2023
- EIN
- 36-3537959
Organization Overview
Hiawatha Education Foundation is located in Austin, TX. The organization was established in 1987. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hiawatha Education Foundation 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, Hiawatha Education Foundation has awarded 278 individual grants totaling $20,321,914. 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 |
|---|---|---|---|
Robert Kierlin President | 3 | $0 | |
Lara Kierlin Vice President | 0.5 | $0 | |
Monique Duncan Secretary/executive Direct | 30 | $40,000 | |
Phillip B Duncan Treasurer/investment Officer | 30 | $40,000 | |
Todd Werner Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38,355 |
| Dividends & Interest | $681,025 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,160,662 |
| Capital Gain Net Income | $2,160,662 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,880,042 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $11,831 |
| Interest | $0 |
| Taxes | $18,421 |
| Depreciation | $50,045 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,830 |
| Total operating and administrative expenses | $198,486 |
| Contributions, gifts, grants paid | $2,254,250 |
| Total expenses and disbursements | $2,452,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,620 |
| Savings and temporary cash investments | $3,450,672 |
| 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 | $1,557 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,068,012 |
| Other assets | $0 |
| Total assets | $57,639,478 |
| Accounts payable and accrued expenses | $2,091 |
| 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 | $2,091 |
Grants Awarded
Over the last fiscal year, Hiawatha Education Foundation has awarded $2,254,250 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
BLUFFVIEW MONTESSORI SCHOOL PURPOSE: EDUCATIONAL PROGRAMS | $15,000 |
CATHEDRAL HILL MONTESSORI PURPOSE: EDUCATIONAL PROGRAMS | $12,850 |
CHILDREN'S WORKSHOP MONTESSORI PURPOSE: EDUCATIONAL PROGRAMS | $27,500 |
CORNERSTONE MONTESSORI SCHOOL PURPOSE: EDUCATIONAL PROGRAMS | $106,900 |
HORIZONS MONTESSORI PURPOSE: EDUCATIONAL PROGRAMS | $50,000 |
COTTER SCHOOLS PURPOSE: EDUCATIONAL PROGRAMS | $937,500 |