Orson A Hull & Minnie E Hull Educational Foundation
- Assets
- $4.2m
- Revenue
- $433.1k
- Investments
- $4.1m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/1964
- Data as of
- 06/2022
- EIN
- 41-6019516
Organization Overview
Orson A Hull & Minnie E Hull Educational Foundation is located in Milwaukee, WI. The organization was established in 1964. 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. Orson A Hull & Minnie E Hull Educational 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 06/2022, Orson A Hull & Minnie E Hull Educational Foundation generated $433.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $399.0k during the year ending 06/2022. While expenses have increased by 5.4% 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 2016, Orson A Hull & Minnie E Hull Educational Foundation has awarded 30 individual grants totaling $1,337,203. 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 |
|---|---|---|---|
Us Bank Corp. Trustee | 1 | $74,859 | |
Terry Hallock Trustee | 4 | $9,200 | |
Paul D Rhodes Trustee | 4 | $2,000 | |
Dr Gary R Jernberg Trustee | 4 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $120,755 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $312,281 |
| Capital Gain Net Income | $312,281 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40 |
| Total Revenue | $433,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $88,059 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,385 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $350 |
| Total operating and administrative expenses | $106,117 |
| Contributions, gifts, grants paid | $292,866 |
| Total expenses and disbursements | $398,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,649 |
| 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 | $2,948,387 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,236,867 |
| 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, Orson A Hull & Minnie E Hull Educational Foundation has awarded $292,866 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MN - TWIN CITIES PURPOSE: SCHOLARSHIPS | $263,044 |
UNIVERSITY OF MN-DULUTH PURPOSE: SCHOLARSHIPS | $13,387 |
St Paul, MN PURPOSE: SCHOLARSHIPS | $11,038 |
BOOKS FEES FOR VARIOUS STUDENTS PURPOSE: SCHOLARSHIP | $5,397 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Michigan University Foundation Kalamazoo, MI | $431,026,780 | $43,479,998 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
Grand Rapids Community College Foundation Grand Rapids, MI | $37,079,013 | $9,829,978 |