Hexner Foundation
- Assets
- $3.1m
- Revenue
- $1.5m
- Investments
- $3.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-1543391
Organization Overview
Hexner Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Hexner 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, Hexner Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 55.9% each year . All expenses for the organization totaled $25.6k during the year ending 12/2021. While expenses have increased by 10.7% 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 2015, Hexner Foundation has awarded 17 individual grants totaling $581,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,223,950 |
| Interest on Savings | $111 |
| Dividends & Interest | $36,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $266,750 |
| Capital Gain Net Income | $671,437 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,527,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,035 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,525 |
| Total operating and administrative expenses | $10,560 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $25,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,373 |
| 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 | $3,070,796 |
| 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, Hexner Foundation has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: CHARITABLE EVENT | $10,000 |
New York, NY PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Research Collections And Preservation Consortium Inc Princeton, NJ | $56,454,726 | $4,069,858 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
Ieee Foundation Inc Piscataway, NJ | $72,402,966 | $9,050,639 |
New Jersey Council Of County Colleges Trenton, NJ | $4,960,953 | $3,541,533 |
Community College Of Philadelphia Foundation Philadelphia, PA | $17,835,018 | $4,924,395 |
Drywall & Interior Systems Contract Assn Of Nj Inc Ind Promo Fund Mount Laurel, NJ | $6,549,300 | $801,660 |
American Friends Of Daas Aharon Inc Lakewood, NJ | $2,234,539 | $3,078,173 |
Hawthorn Foundation Inc Silver Spring, MD | $21,023,816 | $3,463,795 |
Boys Latin Foundation Philadelphia, PA | $5,105,819 | $1,820,805 |