Alice D Hamling Inc
- Assets
- $709.0k
- Revenue
- $96.0k
- Investments
- $674.9k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 11/2012
- Data as of
- 12/2021
- EIN
- 45-4596959
Organization Overview
Alice D Hamling Inc is located in Bethesda, MD. The organization was established in 2012. 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. Alice D Hamling Inc 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, Alice D Hamling Inc generated $96.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $108.1k during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 7 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, Alice D Hamling Inc has awarded 96 individual grants totaling $425,147. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDS FOR VARIOUS SCHOLARSHIPS. AMOUNTS PAID UNDER THIS PROGRAM ARE PAID DIRECTLY TO THE INSTITUTION. SEE PART XV.
PROVIDED FUNDS TO THE UNIVERSITY OF NORTH CAROLINA ASHEVILLE FOUNDATION FOR SCHOLARSHIPS.
SUPPORT TO OTHER NONPROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy J Hamling Director | 1 | $0 | |
James L Hamling Director | 1 | $0 | |
Kathleen M Wassiliew Director | 3 | $0 | |
Thomas W Hamling Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $6 |
| Dividends & Interest | $17,640 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $68,372 |
| Capital Gain Net Income | $68,372 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $96,018 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $867 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,924 |
| Total operating and administrative expenses | $11,041 |
| Contributions, gifts, grants paid | $97,057 |
| Total expenses and disbursements | $108,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $34,125 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $709,010 |
| 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, Alice D Hamling Inc has awarded $96,057 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
UNCA FOUNDATION PURPOSE: SCHOLARSHIP FUND | $25,000 |
ALEX SLAUGHTER CO LOYOLA UNIV PURPOSE: SCHOLARSHIP | $7,607 |
YMCA CAMP SEAFARER PURPOSE: SCHOLARSHIP FUND | $5,000 |
JOURDAN WELLS CO UNIV OF MARYLAND PURPOSE: SCHOLARSHIP | $4,000 |
KYLE MOORE CO UNIV OF GEORGIA PURPOSE: SCHOLARSHIP | $3,750 |
SIERRA CO WASHINGTON ADVENTIST UNI PURPOSE: SCHOLARSHIP | $3,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |