Gilbert M & Martha H Hitchcock Foundation
- Assets
- $13.4m
- Revenue
- $217.0k
- Investments
- $12.5m
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 01/1945
- Data as of
- 12/2022
- EIN
- 47-6025723
Organization Overview
Gilbert M & Martha H Hitchcock Foundation is located in Omaha, NE. The organization was established in 1945. 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. Gilbert M & Martha H Hitchcock 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, Gilbert M & Martha H Hitchcock Foundation generated $217.0k 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 (21.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gilbert M & Martha H Hitchcock Foundation has awarded 318 individual grants totaling $6,312,335. 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
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neely Kountze President/trustee | 0 | $0 | |
Mary L Kountze Ex Vp/trustee | 0 | $0 | |
John Q Bachman Secretary/trustee | 0 | $0 | |
John W Webster Treasurer/trustee | 0 | $0 | |
James E Landen Trustee | 0 | $0 | |
Tower Kountze Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $51,100 |
| Dividends & Interest | $320,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$154,847 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $217,046 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $80,591 |
| Depreciation | $0 |
| Occupancy | $19,863 |
| Travel, conferences, and meetings | $3,983 |
| Printing and publications | $0 |
| Other expenses | $14,626 |
| Total operating and administrative expenses | $190,243 |
| Contributions, gifts, grants paid | $1,017,000 |
| Total expenses and disbursements | $1,207,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $837,051 |
| 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 | $93,184 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,351,327 |
| 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, Gilbert M & Martha H Hitchcock Foundation has awarded $1,017,000 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
BROWNELL-TALBOT SCHOOL PURPOSE: TO FURTHER THECHARITABLE PURPOSEOF THE RECIPIENT | $30,000 |
ALZHEIMER'S ASSOCIATION NEBRASKA CHAPTER PURPOSE: TO FURTHER THECHARITABLE PURPOSEOF THE RECIPIENT | $5,000 |
COLUMBIA UNIVERSITY SCHOOL OF JOURNALISM PURPOSE: TO FURTHER THECHARITABLE PURPOSEOF THE RECIPIENT | $1,000 |
HATTIE B MUNROE PAVILION PURPOSE: TO FURTHER THECHARITABLE PURPOSEOF THE RECIPIENT | $1,000 |
KEVIN O'CONNOR SCHOLARSHIP FUND INC PURPOSE: TO FURTHER THECHARITABLE PURPOSEOF THE RECIPIENT | $30,000 |
ASSURE WOMAN'S CENTER PURPOSE: TO FURTHER THECHARITABLE PURPOSEOF THE RECIPIENT | $5,000 |