Harman Fam Foundation
- Assets
- $7.0m
- Revenue
- $145.2k
- Investments
- $6.9m
- Employees
- 0
- Location
- Woodside, CA
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 55-0855839
Organization Overview
Harman Fam Foundation is located in Woodside, CA. The organization was established in 2004. 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. Harman Fam 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, Harman Fam Foundation generated $145.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $393.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Harman Fam Foundation has awarded 188 individual grants totaling $9,395,207. 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.
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 |
|---|---|---|---|
Fredric Harman Treasurer/sec. | 1 | $0 | |
Stephanie Curtis Harman President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $71,259 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,894 |
| Capital Gain Net Income | $223,782 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $145,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,566 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61,167 |
| Total operating and administrative expenses | $74,733 |
| Contributions, gifts, grants paid | $318,642 |
| Total expenses and disbursements | $393,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,986 |
| Savings and temporary cash investments | $21,224 |
| 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 | $1,108,222 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,995,418 |
| 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, Harman Fam Foundation has awarded $318,642 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF THE PENINSULA PURPOSE: GENERAL SUPPORT | $100,000 |
EPA FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
STERN GROVE FESTIVAL ASSOCIATION PURPOSE: GENERAL SUPPORT | $10,000 |
US SKI AND SNOWBOARD FOUNDATION PURPOSE: GENERAL SUPPORT | $40,000 |
WARRIORS COMMUNITY FOUNDATION PURPOSE: GENERAL SUPPORT | $46,042 |
YOUTH ON COURSE PURPOSE: GENERAL SUPPORT | $10,000 |