Hulston Family Foundation
- Assets
- $21.8m
- Revenue
- $655.3k
- Investments
- $20.5m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 43-1781350
Organization Overview
Hulston Family Foundation is located in Kansas City, MO. The organization was established in 1998. 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. Hulston 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 12/2022, Hulston Family Foundation generated $655.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hulston Family Foundation has awarded 248 individual grants totaling $8,671,155. 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
THE FOUNDATION'S ONLY CHARITABLE ACTIVITY IS MAKING GRANTS TO ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES AND/OR GRANTS TO IRS SECTION 501(C)(3) ORGANIZATIONS.
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 |
|---|---|---|---|
John L Hulston Pres./trustee | 5 | $0 | |
Lorrie Hulston Corvin Sec./trustee | 20 | $85,147 | |
John P Hulston Treas/trustee | 20 | $75,623 | |
Joseph F Hulston Trustee | 5 | $10,312 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,331 |
| Dividends & Interest | $661,997 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,298 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,312 |
| Total Revenue | $655,342 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $171,082 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,391 |
| Depreciation | $0 |
| Occupancy | $17,362 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,393 |
| Total operating and administrative expenses | $262,821 |
| Contributions, gifts, grants paid | $1,393,000 |
| Total expenses and disbursements | $1,655,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,169 |
| Savings and temporary cash investments | $1,160,161 |
| 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 | $4,001,121 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,764,474 |
| 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, Hulston Family Foundation has awarded $1,393,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
THE KITCHEN INC PURPOSE: OPERATIONS AND RARE BREED PROGRAM | $25,000 |
MISSOURI PRAIRIE FOUNDATION PURPOSE: OPERATIONS | $10,000 |
GREATER KANSAS CITY COMMUNITY FDN PURPOSE: DONOR ADVISED FUNDS | $300,000 |
OZARKS FOOD HARVEST PURPOSE: OPERATIONS | $20,000 |
UNIV MO LAW SCHOOL FOUNDATION PURPOSE: VETERANS CLINICS | $50,000 |
SENIORAGE AREA AGENCY ON AGING PURPOSE: OPERATIONS | $25,000 |