The Melvin And Virginia Hutson Foundation

Organization Overview

The Melvin And Virginia Hutson Foundation is located in Decatur, AL. The organization was established in 1984. 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. Melvin And Virginia Hutson 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, Melvin And Virginia Hutson Foundation generated $349.4k 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 (3.4%) each year. All expenses for the organization totaled $657.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Melvin And Virginia Hutson Foundation has awarded 273 individual grants totaling $3,946,717. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Karen W Truitt
President
$51,000
Mike Steryous
Vp/secretary
$3,525
Kenton Steryous
Treasurer
$2,950

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $341,926
Net Rental Income$0
Net Gain on Sale of Assets $7,486
Capital Gain Net Income $7,486
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $12
Total Revenue $349,424

Grants Awarded

Over the last fiscal year, The Melvin And Virginia Hutson Foundation has awarded $510,000 in support to 37 organizations.

Grant RecipientAmount

FRONTLINE MISSIONS INTERNATIONAL

Org PageRecipient Profile

Taylors, SC

PURPOSE: CHARITABLE

$56,000

GOSPEL FELLOWSHIP ASSOCIATION

Org PageRecipient Profile

Greenville, SC

PURPOSE: CHARITABLE

$50,000

NORTH LOVE BAPTIST CHURCH

PURPOSE: CHARITABLE

$48,000

OPEN DOORS USA

PURPOSE: CHARITABLE

$41,000

MOUNT ABARIM BAPTIST MISSION

PURPOSE: CHARITABLE

$34,500

Taylors, SC

PURPOSE: CHARITABLE

$25,000
View Grant Profile

Peer Organizations

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