Hynes Foundation Inc
- Assets
- $767.7k
- Revenue
- $522.9k
- Investments
- $761.2k
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 11/2016
- Data as of
- 12/2023
- EIN
- 47-2515717
Organization Overview
Hynes Foundation Inc is located in White Plains, NY. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hynes Foundation 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 12/2023, Hynes Foundation Inc generated $522.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $151.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hynes Foundation Inc has awarded 12 individual grants totaling $2,688,657. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Marie Hynes President | 0.5 | $0 | |
James P Hynes Vice President | 0.5 | $0 | |
Alanna M Hynes Treasurer | 0.5 | $0 | |
Katherine V Hynes Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $511,168 |
| Interest on Savings | $8 |
| Dividends & Interest | $11,443 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $284 |
| Capital Gain Net Income | $284 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $522,903 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,904 |
| Contributions, gifts, grants paid | $130,000 |
| Total expenses and disbursements | $151,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,477 |
| 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 | $256,075 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $767,676 |
| 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, Hynes Foundation Inc has awarded $130,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CARDINAL AND GOLD FUND INC PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
ACADEMY OF MOUNT SAINT URSULA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
THE WINGED FOOT FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |