William A Hazel Family Foundation is located in Warrenton, VA. The organization was established in 2000. 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. William A Hazel 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, William A Hazel Family Foundation generated $375.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $942.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, William A Hazel Family Foundation has awarded 39 individual grants totaling $1,508,600. 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
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William A Hazel Jr Director | 0.2 | $0 | |
Ruth Hazel Director | 0.2 | $0 | |
Jean B Hazel Director & Pres | 0.2 | $0 | |
David L Hazel Director | 0.2 | $0 | |
B Daniel Hazel Director | 0.2 | $0 | |
Jay B Keyser Secretary/treas | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $65 |
Dividends & Interest | $93,420 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $281,530 |
Capital Gain Net Income | $281,530 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $127 |
Total Revenue | $375,142 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $23,794 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,250 |
Total operating and administrative expenses | $54,116 |
Contributions, gifts, grants paid | $888,500 |
Total expenses and disbursements | $942,616 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $26,049 |
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 | $13,276,899 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $16,503,130 |
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 |
Over the last fiscal year, William A Hazel Family Foundation has awarded $888,500 in support to 18 organizations.
Grant Recipient | Amount |
---|---|
FAUQUIER COUNTY 4-H PURPOSE: TO FURTHER CHARITABLE PURPOSE | $7,500 |
FIDELITY INVESTMENTS CHARITABLE GIFT FUND PURPOSE: TO FURTHER CHARITABLE PURPOSE | $400,000 |
HIGHLAND SCHOOL PURPOSE: TO FURTHER CHARITABLE PURPOSE | $12,500 |
INOVA HEALTHCARE SERVICES PURPOSE: TO FURTHER CHARITABLE PURPOSE | $15,000 |
MENTAL HEALTH ASSOCIATION OF FAUQUIER COUNTY PURPOSE: TO FURTHER CHARITABLE PURPOSE | $10,000 |
NATIONAL CENTER FOR FAMILY PHILANTHROPY PURPOSE: TO FURTHER CHARITABLE PURPOSE | $1,500 |