Hayne Hipp Foundation
- Assets
- $0.0
- Revenue
- $370.5k
- Investments
- $3.2m
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 05/1988
- Data as of
- 12/2021
- EIN
- 57-0861526
Organization Overview
Hayne Hipp Foundation is located in Greenville, SC. 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. Hayne Hipp 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 12/2021, Hayne Hipp Foundation generated $370.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $559.1k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hayne Hipp Foundation has awarded 112 individual grants totaling $855,107. 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 |
|---|---|---|---|
Anna Kate Hipp President | 2 | $0 | |
Mary H Hipp Vice President/trustee | 22 | $60,000 | |
F Reid Hipp Treasurer/trusteee | 8 | $32,208 | |
Anna H Small Secretary/trustee | 8 | $32,208 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $96,370 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,281 |
| Total Revenue | $370,526 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,150 |
| Pension plans, employee benefits | $20,520 |
| Depreciation | $718 |
| Occupancy | $18,154 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $288,530 |
| Contributions, gifts, grants paid | $270,576 |
| Total expenses and disbursements | $559,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $257,272 |
| Other assets | $6,130 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $237 |
Grants Awarded
Over the last fiscal year, Hayne Hipp Foundation has awarded $516,113 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN INSTITUTE PURPOSE: GENERAL FUND | $10,000 |
AVON OLD FARMS SCHOOL PURPOSE: GENERAL FUND | $3,000 |
BROOKGREEN GARDENS PURPOSE: HUNTINGTON SOCIETY | $4,800 |
CITY OF GREENVILLE PURPOSE: GENERAL FUND | $100 |
CLASSIC CENTER CULTURAL FOUNDATION PURPOSE: GENERAL FUND | $6,000 |
FEED AND SEED PURPOSE: GENERAL FUND | $350,500 |