Hoolie Fund Inc

Organization Overview

Hoolie Fund Inc is located in Hopewell Junction, NY. The organization was established in 2015. 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. Hoolie Fund 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 11/2022, Hoolie Fund Inc generated $56.1k 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 (27.3%) each year. All expenses for the organization totaled $165.1k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Hoolie Fund Inc has awarded 129 individual grants totaling $1,104,384. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED GRANTS TO 15 INDIVIDUALS FOR POST-SECONDARY SCHOOL STUDIES TO HELP THESE STUDENTS/APPLICANTS MEET THE COST OF HIGHER EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Patrick Gmerek
President
$0
Lina Anderson
Treasurer
$0
Christopher Wilson
V.P. And Secretary
$0
Gerry Lambo
Director
$0
Jim Chase
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $48
Dividends & Interest $63,434
Net Rental Income$0
Net Gain on Sale of Assets -$7,356
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $56,126

Grants Awarded

Over the last fiscal year, Hoolie Fund Inc has awarded $147,833 in support to 15 organizations.

Grant RecipientAmount

LINDSAY GMEREK

PURPOSE: FINANCIAL ASSISTANCEFOR POST-SECONDARYSCHOOL STUDIES

$7,977

BRYSTON HAIRSTON

PURPOSE: FINANCIAL ASSISTANCEFOR POST-SECONDARYSCHOOL STUDIES.

$2,138

EMMA SEHMID

PURPOSE: FINANCIAL ASSISTANCEFOR POST-SECONDARYSCHOOL STUDIES.

$5,000

ABIGAIL WILSON

PURPOSE: FINANCIAL ASSISTANCEFOR POST-SECONDARYSCHOOL STUDIES

$19,247

LINDSAY DRAGO

PURPOSE: FINANCIAL ASSISTANCEFOR POST-SECONDARYSCHOOL STUDIES

$20,000

MALLORY REDETZKI

PURPOSE: FINANCIAL ASSISTANCEFOR POST-SECONDARYSCHOOL STUDIES

$10,000
View Grant Profile

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