Paul E Hill And Julia Mercer Hill Charitabel Foundation
- Assets
- $1.2m
- Revenue
- $35.1k
- Investments
- $1.2m
- Employees
- 0
- Location
- Herrin, IL
- Founding
- 08/2001
- Data as of
- 12/2022
- EIN
- 37-1394605
Organization Overview
Paul E Hill And Julia Mercer Hill Charitabel Foundation is located in Herrin, IL. The organization was established in 2001. 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. Paul E Hill And Julia Mercer Hill Charitabel 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, Paul E Hill And Julia Mercer Hill Charitabel Foundation generated $35.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $63.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Paul E Hill And Julia Mercer Hill Charitabel Foundation has awarded 106 individual grants totaling $501,247. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
The Bank Of Herrin Trustee | 1 | $5,641 | |
Karin Hawkins Advisor | 0 | $0 | |
Derek Hood Advisor | 0 | $0 | |
Todd Roders Advisor | 0 | $0 | |
Andrea Burzynski Advisor | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,554 |
| Dividends & Interest | $26,498 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,075 |
| Capital Gain Net Income | $7,075 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,127 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,641 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $412 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $115 |
| Total operating and administrative expenses | $7,308 |
| Contributions, gifts, grants paid | $56,096 |
| Total expenses and disbursements | $63,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,732 |
| 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 | $559,232 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,224,793 |
| 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, Paul E Hill And Julia Mercer Hill Charitabel Foundation has awarded $56,096 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST CHRISTIAN CHURCH PURPOSE: RELIGIOUS | $1,904 |
FIRST PRESBYTERIAN CHURCH PURPOSE: RELIGIOUS | $1,904 |
AUSTIN GARBE PURPOSE: SCHOLARSHIP | $9,500 |
REBEKAH STROUD PURPOSE: SCHOLARSHIP | $9,500 |
TYLER BITTLE PURPOSE: SCHOLARSHIP | $9,500 |
SAVANA PANSING PURPOSE: SCHOLARSHIP | $9,500 |