Charlotte And William Hinson Charitable Foundation Trust
- Assets
- $1.1m
- Revenue
- $54.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 42-1394928
Organization Overview
Charlotte And William Hinson Charitable Foundation Trust is located in West Des Moines, IA. The organization was established in 1993. 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. Charlotte And William Hinson Charitable Foundation Trust 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, Charlotte And William Hinson Charitable Foundation Trust generated $54.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $72.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charlotte And William Hinson Charitable Foundation Trust has awarded 104 individual grants totaling $200,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott R Driver Trustee | 0.5 | $0 | |
Richard C Hinson Trustee | 2 | $0 | |
Dr Craig W Driver Trustee | 1 | $0 | |
Jane F Hinson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $41,933 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,912 |
| Capital Gain Net Income | $12,912 |
| Net ST Capital Gain | $660 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,847 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $876 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,086 |
| Contributions, gifts, grants paid | $68,000 |
| Total expenses and disbursements | $72,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,783 |
| 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 | $894,638 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,065,997 |
| 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, Charlotte And William Hinson Charitable Foundation Trust has awarded $68,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Des Moines, IA PURPOSE: STUDENT TICKET SUBSIDY | $7,500 |
WATERLOO-CF SYMPHONY ORCH PURPOSE: OUTREACH EDUCATION SERVICES IN AREA SCHOOLS | $7,000 |
FIRST CONGREGATIONAL UCC PURPOSE: GENERAL OPERATIONS AND SUPPORT | $7,000 |
Philadelphia, PA PURPOSE: STUDENT EDUCATION PROGRAM | $5,000 |
Newbury Park, CA PURPOSE: 2020 FAMILY EDUCATION CONCERT | $3,000 |
NORTHEAST IOWA FOOD BANK PURPOSE: OPERATIONAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Klaff Family Foundation Chicago, IL | $171,629,374 | $12,167,429 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
The Pritzker Pucker Family Foundation Chicago, IL | $63,807,485 | $11,921,924 |
David And Janis Larson Foundation Minneapolis, MN | $131,263,001 | -$404,078 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Jennings Family Foundation Edina, MN | $20,317,059 | $4,027,228 |
Sunshine Charitable Foundation Libertyville, IL | $0 | $4,219,972 |
Tracy Family Foundation Mt Sterling, IL | $19,754,710 | $6,714,098 |
Chicagobeyond Inc Chicago, IL | $1,837,444 | $0 |
Conduit Foundation Chicago, IL | $3,365,161 | $7,119,515 |
Anahata Foundation Chicago, IL | $150,849,919 | $3,685,553 |
Kaena Foundation Minneapolis, MN | $0 | $2,288,902 |