The S L Hickman Family Foundation
- Assets
- $34.3m
- Revenue
- $3.4m
- Investments
- $33.1m
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 38-3349206
Organization Overview
The S L Hickman Family Foundation is located in Shaker Heights, OH. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. S L Hickman Family 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 12/2021, S L Hickman Family Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 29.1% per year over the past 6 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 2014, S L Hickman Family Foundation has awarded 137 individual grants totaling $8,718,797. 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 |
|---|---|---|---|
Tracy L Hickman Secretary | 0 | $0 | |
Stephanie L Hickman-Boyse President | 0 | $0 | |
Sally D Hickman Director | 0 | $0 | |
Stephen L Hickman Director | 0 | $0 | |
David S Hickman Treasurer | 0 | $0 | |
Christine L Jemison Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $562,356 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,691,592 |
| Capital Gain Net Income | $2,691,592 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $136,597 |
| Total Revenue | $3,390,563 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $67,067 |
| Taxes | $17,086 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $290,449 |
| Total operating and administrative expenses | $428,918 |
| Contributions, gifts, grants paid | $1,690,413 |
| Total expenses and disbursements | $2,119,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,125,059 |
| 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 | $14,402,086 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,251,098 |
| 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 | $922,000 |
| Total liabilities | $922,000 |
Grants Awarded
Over the last fiscal year, The S L Hickman Family Foundation has awarded $2,025,418 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIAN COLLEGE PURPOSE: OPERATING | $350,000 |
BEAUMONT HEALTH FOUNDATION PURPOSE: OPERATING | $3,000 |
BOYS AND GIRLS CLUB OF LENAWEE PURPOSE: OPERATING | $333,333 |
CITY OF ADRIAN (RIVERFRONT PROJECT) PURPOSE: OPERATING | $7,500 |
CRANBROOK ACADEMY OF ART PURPOSE: OPERATNG | $8,000 |
CROSWELL OPERA HOUSE PURPOSE: OPERATING | $100,000 |