Orion & Emma B Hurlburt Tr Fbo Memorial Fd Hamilton Natl Bk Ttee
- Assets
- $22.6m
- Revenue
- $1.4m
- Investments
- $22.1m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 04/1975
- Data as of
- 04/2024
- EIN
- 62-6034546
Organization Overview
Orion & Emma B Hurlburt Tr Fbo Memorial Fd Hamilton Natl Bk Ttee is located in Chattanooga, TN. The organization was established in 1975. 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. Orion & Emma B Hurlburt Tr Fbo Memorial Fd Hamilton Natl Bk Ttee 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 04/2024, Orion & Emma B Hurlburt Tr Fbo Memorial Fd Hamilton Natl Bk Ttee generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $1.4m during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Orion & Emma B Hurlburt Tr Fbo Memorial Fd Hamilton Natl Bk Ttee has awarded 72 individual grants totaling $12,924,449. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENTS FOR INDIGENT CARE CANCER PATIENTS,RESEARCH,EQUIPMENT FOR ONCOLOGY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Frank C Kimsey Director | 5 | $23,951 | |
Dr John F Boxell Director | 5 | $19,597 | |
Jonathon S Ransom Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $599,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $846,433 |
| Capital Gain Net Income | $846,433 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $229 |
| Total Revenue | $1,446,455 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,548 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $373 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $225,959 |
| Contributions, gifts, grants paid | $1,200,000 |
| Total expenses and disbursements | $1,425,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $485,361 |
| Savings and temporary cash investments | $0 |
| 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 | $15,640,016 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,558,296 |
| 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, Orion & Emma B Hurlburt Tr Fbo Memorial Fd Hamilton Natl Bk Ttee has awarded $1,200,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTIN HATCHER FOUNDATION FOR PEDIATRIC CANCER PURPOSE: TO FUND FREE PSYCHO-ONCOLOGY, INDUSTRIAL ARTS, FAMILY PROGRAMS AND OCCUPATIONAL THERAPY SERVICES FOR CHILDREN WITH CANCER. | $150,000 |
CHATTANOOGA TUMOR CLINIC PURPOSE: TO PROVIDE CANCER-RELATED SERVICES TO THE UNDERSERVED CANCER PATIENT POPULATION IN THE CHATTANOOGA REGION. | $500,000 |
CHI MEMORIAL FOUNDATION PURPOSE: TO BE USED TOWARD INDIGENT CANCER PATIENT SCREENINGS. TO HELP PROVIDE ANEW BREATH EASY MOBILE LUNG SCREENING COACH | $185,000 |
ERLANGER HEALTH FOUNDATION PURPOSE: TO FUND LOW DOSE CT LUNG SCREENINGS FOR UNISURED PATIENTS | $200,000 |
THE HAPPY SHOES PROJECT PURPOSE: TO FUND INDIGENT CANCER PATIENTS | $20,000 |
WELCOME HOME OF CHATTANOOGA PURPOSE: TO FUND 2020 CAREGIVING PROGRAM FOR INDIGENT CANCER PATIENTS | $145,000 |