The H P And Anne S Hunnicutt Foundation Inc
- Assets
- $5.1m
- Revenue
- $1.0m
- Investments
- $3.9m
- Employees
- 0
- Location
- Princeton, WV
- Founding
- 08/1988
- Data as of
- 06/2023
- EIN
- 55-0670462
Organization Overview
The H P And Anne S Hunnicutt Foundation Inc is located in Princeton, WV. The organization was established in 1988. 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. H P And Anne S Hunnicutt 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 06/2023, H P And Anne S Hunnicutt Foundation Inc generated $1.0m 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 (11.4%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, H P And Anne S Hunnicutt Foundation Inc has awarded 231 individual grants totaling $8,904,961. 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 |
|---|---|---|---|
William P Stafford President | 1 | $0 | |
James H Sarver Vice-President | 1 | $0 | |
James H Sarver II Treasurer | 1 | $0 | |
William Stafford II Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,048,192 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,048,192 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,742 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,010 |
| Printing and publications | $0 |
| Other expenses | $4,247 |
| Total operating and administrative expenses | $115,279 |
| Contributions, gifts, grants paid | $1,359,184 |
| Total expenses and disbursements | $1,474,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,176 |
| Savings and temporary cash investments | $1,141,843 |
| 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 | $5,121,031 |
| 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, The H P And Anne S Hunnicutt Foundation Inc has awarded $1,359,184 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ATHENS VOLUNTEER FIRE DEPARTMENT PURPOSE: CHARITABLE - ANNUAL ATHENS-CONCORD FIRE SCHOOL | $5,000 |
BALLARD CHRISTIAN SCHOOL PURPOSE: EDUCATIONAL - PROJECT GRADUATION | $40 |
BLUEFIELD HIGH SCHOOL PURPOSE: EDUCATIONAL - PROJECT GRADUATION | $2,348 |
BLUEFIELD UNION MISSION PURPOSE: CHARITABLE - MATCHING CONTRIBUTION TO SUPPORT THE ORGANIZATION'S MISSION | $47,622 |
CITY OF PRINCETON PURPOSE: CHARITABLE - ADA PLAYGROUND | $20,000 |
CITY OF PRINCETON PURPOSE: CHARITABLE - ASSIST WITH FARMERS' MARKET PROJECT | $535,000 |