James P Jay Hunter Iv Memorial Foundation
- Assets
- $2.8m
- Revenue
- $2.7m
- Investments
- $2.7m
- Employees
- 0
- Location
- Lufkin, TX
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 46-1543877
Organization Overview
James P Jay Hunter Iv Memorial Foundation is located in Lufkin, TX. The organization was established in 2013. 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. James P Jay Hunter Iv Memorial 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 12/2023, James P Jay Hunter Iv Memorial Foundation generated $2.7m in total revenue. All expenses for the organization totaled $71.6k during the year ending 12/2023. While expenses have increased by 47.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Elaine Hunter President | 1 | $0 | |
J Patrick Doherty Secretary | 1 | $0 | |
Wyland Lee Hunter Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,882,494 |
| Interest on Savings | $27,763 |
| Dividends & Interest | $22,072 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$204,161 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,728,168 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $745 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $182 |
| Total operating and administrative expenses | $6,047 |
| Contributions, gifts, grants paid | $65,600 |
| Total expenses and disbursements | $71,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,810 |
| 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 | $2,690,954 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $31 |
| Total assets | $2,752,795 |
| 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, James P Jay Hunter Iv Memorial Foundation has awarded $65,600 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
1894 INC PURPOSE: DONATION | $5,000 |
CASA OF ANGELINA COUNTY PURPOSE: DONATION | $500 |
ARTIST BOAT PURPOSE: DONATION | $1,000 |
CASA OF GALVESTON COUNTY PURPOSE: DONATION | $500 |
CRISTO REY JESUIT SCHOOL PURPOSE: DONATION | $1,000 |
EAST TEXAS CANCER ALLIANCE OF HOPE PURPOSE: DONATION | $600 |