Laura B Huizenga Family Foundation
- Assets
- $2.1m
- Revenue
- $371.2k
- Investments
- $1.9m
- Employees
- 0
- Location
- East Grand Rapids, MI
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 46-1855080
Organization Overview
Laura B Huizenga Family Foundation is located in East Grand Rapids, MI. The organization was established in 2013. 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. Laura B Huizenga 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, Laura B Huizenga Family Foundation generated $371.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $145.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Laura B Huizenga Family Foundation has awarded 57 individual grants totaling $275,982. 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
ENHANCING THE LIVES OF CHILDREN AND ADULTS WHO DESIRE TO EXPLORE THE EMOTIONAL AND SOCIAL BENEFITS OF THERAPEUTIC HORSEMANSHIP, THROUGH SAFELY GUIDED INTERACTIONS WITH ICELANDIC HORSES. PARTICIPANTS ENGAGE IN SOCIAL INTERACTIONS, RELATIONSHIP BUILDING, AND GROUP ACTIVITIES AS PART OF THE THERAPEUTIC SERVICES PROVIDED BY THE FOUNDATION. THROUGH WORKING WITH THE HORSES, STAFF, AND VOLUNTEERS, PARTICIPANTS ARE STRENGTHENING FINE MOTOR SKILLS, GAINING TRUST, CONFIDENCE AND EMOTIONAL HONESTY, AND CONTINUING TO DEVELOP SKILLS SUCH AS DECISION-MAKING, PROBLEM-SOLVING AND CRITICAL THINKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President, Director, Secretary, Treasurer | 1 | $0 | |
Name Not Listed Vice President & Director (through 8/5/21) | 1 | $0 | |
Name Not Listed Secretary & Director (through 8/5/21) | 1 | $0 | |
Name Not Listed Treasurer & Director (through 8/5/21) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $82,395 |
| Interest on Savings | $0 |
| Dividends & Interest | $71,112 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $214,203 |
| Capital Gain Net Income | $214,203 |
| Net ST Capital Gain | $2,821 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,531 |
| Total Revenue | $371,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $65,570 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,853 |
| Depreciation | $0 |
| Occupancy | $8,089 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,486 |
| Total operating and administrative expenses | $130,384 |
| Contributions, gifts, grants paid | $14,614 |
| Total expenses and disbursements | $144,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,283 |
| Savings and temporary cash investments | $17,832 |
| 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 | $60,500 |
| Total assets | $2,058,859 |
| 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, Laura B Huizenga Family Foundation has awarded $24,614 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NAPLES THERAPEUTIC RIDING CENTER PURPOSE: GENERAL OPERATIONS | $10,000 |
GRAND RAPIDS PUBLIC SCHOOLS FOUNDATION PURPOSE: GENERAL OPERATIONS | $14,614 |