Napoleon Hill Foundation
- Assets
- $2.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Wise, VA
- Founding
- 12/1966
- Data as of
- 12/2021
- EIN
- 57-6029521
Organization Overview
Napoleon Hill Foundation is located in Wise, VA. The organization was established in 1966. 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. Napoleon Hill 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, Napoleon Hill Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $999.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Napoleon Hill Foundation has awarded 14 individual grants totaling $403,452. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE EDUCATIONAL WRITINGS AND TEACHINGS OF ITS FOUNDER, NAPOLEON HILL, THROUGHOUT THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don M Green Exec Directo | 0 | $284,840 | |
Robert Johnson Secretary | 0 | $157,736 | |
Zane Sturgill Employee | 0 | $79,448 | |
Uriel Martinez Employee | 0 | $68,772 | |
Guang Chen Employee | 0 | $62,660 | |
Dr James B Hill Vise Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $105,366 |
| Interest on Savings | $10,085 |
| Dividends & Interest | $0 |
| 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 | $140,262 |
| Other Income | $1,087,762 |
| Total Revenue | $1,343,475 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $442,576 |
| Other employee salaries and wages | $210,880 |
| Pension plans, employee benefits | $40,257 |
| Interest | $0 |
| Taxes | $277 |
| Depreciation | $545 |
| Occupancy | $8,190 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $159,704 |
| Total operating and administrative expenses | $897,251 |
| Contributions, gifts, grants paid | $102,450 |
| Total expenses and disbursements | $999,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,117 |
| Savings and temporary cash investments | $1,860,771 |
| Net Accounts receivable | $308,353 |
| 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 | $12,443 |
| Prepaid expenses and deferred charges | $3,330 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $272 |
| Other assets | $0 |
| Total assets | $2,662,286 |
| Accounts payable and accrued expenses | $17,600 |
| 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 | $17,600 |
Grants Awarded
Over the last fiscal year, Napoleon Hill Foundation has awarded $102,450 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF VIRGINIA AT WISE PURPOSE: GENERAL SUPPORT | $100,000 |
VARIOUS INSTITUTIONS PURPOSE: GENERAL SUPPORT | $2,450 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Napoleon Hill Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
The Rapha Foundation Wise, VA PURPOSE: TO SUPPORT FOUNDATION EDUCATION OF SUCCESS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |