Betty Huse M D Charitable Foundation
- Assets
- $930.3k
- Revenue
- $18.1k
- Investments
- $705.5k
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 52-2307494
Organization Overview
Betty Huse M D Charitable Foundation is located in Baltimore, MD. The organization was established in 2001. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Betty Huse M D Charitable 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, Betty Huse M D Charitable Foundation generated $18.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Betty Huse M D Charitable Foundation has awarded 12 individual grants totaling $205,000. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,416 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $683 |
| Capital Gain Net Income | $683 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,218 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $357 |
| Total operating and administrative expenses | $19,741 |
| Contributions, gifts, grants paid | $52,000 |
| Total expenses and disbursements | $71,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,872 |
| 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 | $0 |
| Total assets | $930,337 |
| 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, Betty Huse M D Charitable Foundation has awarded $52,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
KENNEDY KRIEGER INSTITUTE PURPOSE: GENERAL PURPOSES | $13,000 |
ORCHKIDS PURPOSE: GENERAL PURPOSES | $13,000 |
OREGON RIDGE NATURE CENTER PURPOSE: GENERAL PURPOSES | $13,000 |
UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE PURPOSE: GENERAL PURPOSES | $13,000 |