Halle Foundation
- Assets
- $98.9m
- Revenue
- $1.9m
- Investments
- $710.7k
- Employees
- 2
- Location
- Atlanta, GA
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 58-6201529
Organization Overview
Halle Foundation is located in Atlanta, GA. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Halle Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Halle 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, Halle Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 19.0% per year over the past 7 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 2014, Halle Foundation has awarded 120 individual grants totaling $5,095,544. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTES AND STRENGTHENS US-GERMANY RELATIONSHIP THROUGH GRANTS FOR EDUCATIONAL PURPOSES AND OTHER CHARITABLE PROGRAMS AND ACTIVITIES.
Describe the Organization's Program Activity:
THE FOUNDATION SUPPORTS INITIATIVES IN THE FIELDS OF CULTURE, SCIENCE, TECHNOLOGY, COMMERCE, LANGUAGE, SCHOLARSHIP, AND INTERNATIONAL RELATIONS THAT TAKE PLACE UNDER THE AUSPICES OF EMORY UNIVERSITY AND OTHER UNIVERSITIES AND COLLEGES, THE SOUTHERN CENTER FOR INTERNATIONAL STUDIES, THE ROBERT W. WOODRUFF ARTS CENTER, ATLANTIK BRUCKE, THE AMERICAN COUNCIL ON GERMANY, AND OTHER NOT-FOR-PROFIT INSTITUTIONS WHICH THE TRUSTEES MAY SELECT FROM TIME TO TIME THAT SEEK THE SAME GOALS AS THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Marshall Sanders Executive Diretor | Officer | 40 | $260,988 |
Dr Eike Jordan Chairman And Trustee | OfficerTrustee | 24 | $0 |
Mr Joseph R Bankoff Trustee | Trustee | 1 | $0 |
Dr Rosemary M Magee Trustee | Trustee | 1 | $0 |
Peter C White Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A Montag & Associates Investment Advisors | 12/30/21 | $106,660 |
Zwj Investment Counsel Inc Investment Advisors | 12/30/21 | $102,145 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,043,969 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $870,978 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,914,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,551,590 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $260,988 |
| Compensation of current officers, directors, key employees. | $46,978 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,751 |
| Pension plan accruals and contributions | $26,196 |
| Other employee benefits | $0 |
| Payroll taxes | $24,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,762 |
| Fees for services: Accounting | $114,512 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $208,805 |
| Fees for services: Other | $195,000 |
| Advertising and promotion | $0 |
| Office expenses | $45,996 |
| Information technology | $4,160 |
| Royalties | $0 |
| Occupancy | $343,692 |
| Travel | $12,154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,149 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,634 |
| Insurance | $32,957 |
| All other expenses | $0 |
| Total functional expenses | $3,022,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,674,682 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,161 |
| Net Land, buildings, and equipment | $9,944,482 |
| Investments—publicly traded securities | $77,532,560 |
| Investments—other securities | $710,651 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,868,536 |
| Accounts payable and accrued expenses | $52,744 |
| Grants payable | $2,236,444 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,000 |
| Total liabilities | $2,290,188 |
| Net assets without donor restrictions | $86,690,547 |
| Net assets with donor restrictions | $9,887,801 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $98,868,536 |
Grants Awarded
Over the last fiscal year, Halle Foundation has awarded $1,534,090 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA STATE UNIVERSITY PURPOSE: TO SUPPORT THE UNIVERSITY'S SUMMER ENGINEERING IN GERMANY PROGRAM AND CHORALE'S PARTICIPATION IN AN INTERNATIONAL COMPETITION IN GERMANY. | $300,000 |
Atlanta, GA PURPOSE: TO EXPAND THE CATT WORKFORCE DEVELOPMENT PROGRAM AND HIRE A FULL TIME APPRENTICE SUCCESS COORDINATOR; | $219,325 |
Statesboro, GA PURPOSE: TO SUPPORT EXPANSION OF THE ERLANGEN/FAU-GSU EXCHANGE PROGRAM. | $187,288 |
AMERICAN INSTITUTE FOR CONTEMPORARY GERMAN STUDIES AT JOHNS HOPKINS UNIVERS Org PageRecipient ProfileWashington, DC PURPOSE: TO SUPPORT THE CREATION OF AN INTERNSHIP PROGRAM AT AICGS FOR GEORGIA STUDENTS. | $174,000 |
Cherry Hill, NJ PURPOSE: TO REPURPOSE GRANT, TO SUPPORT BACH VIDEO SERIES | $137,775 |
GEORGIA BOY CHOIR PURPOSE: TO FUND THE GERMAN PORTION OF THEIR 2022 ALPINE TOUR | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
New Morning Foundation Columbia, SC | $9,598,750 | $10,587,010 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
The Legacy Foundation At Shell Point Inc Fort Myers, FL | $5,518,203 | $5,863,574 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Tampa-Orlando-Pinellas Jewish Foundation Inc Tampa, FL | $66,534,235 | $10,949,791 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Chapters Health Foundation Inc Temple Terrace, FL | $14,703,109 | $7,254,901 |