Hutton Family Foundation
- Assets
- $16.0m
- Revenue
- $876.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Atherton, CA
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-4305984
Organization Overview
Hutton Family Foundation is located in Atherton, CA. The organization was established in 2016. 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. Hutton 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, Hutton Family Foundation generated $876.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hutton Family Foundation has awarded 387 individual grants totaling $3,898,836. 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 |
|---|---|---|---|
Wende S Hutton President, Director | 1 | $0 | |
G Thompson Hutton Director | 0.25 | $0 | |
Robert C Hutton Secretary, Director | 0.25 | $0 | |
Rachel E Hutton Cfo, Treasurer, Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,205,149 |
| Interest on Savings | $4,104 |
| Dividends & Interest | $271,137 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$675,783 |
| Capital Gain Net Income | $350,501 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,914 |
| Total Revenue | $876,521 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $134,145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58,844 |
| Total operating and administrative expenses | $258,535 |
| Contributions, gifts, grants paid | $797,338 |
| Total expenses and disbursements | $1,055,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,407 |
| Savings and temporary cash investments | $0 |
| 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 | $15,969,742 |
| Total assets | $16,039,149 |
| 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, Hutton Family Foundation has awarded $797,338 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
ABLE WORKS PURPOSE: SEE STATEMENT A | $2,500 |
ACCION OPPORTUNITY FUND INC PURPOSE: SEE STATEMENT A | $25,000 |
ABILITYPATH PURPOSE: SEE STATEMENT A | $1,000 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: SEE STATEMENT A | $1,000 |
ALS ASSOCIATION PURPOSE: SEE STATEMENT A | $1,000 |
AMERICAN PRAIRIE FOUNDATION PURPOSE: SEE STATEMENT A | $10,000 |