James W & Jean Hartley Hallmon Foundation Inc
- Assets
- $1.2m
- Revenue
- $71.6k
- Investments
- $17.6k
- Employees
- 0
- Location
- Tuscaloosa, AL
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 63-1253392
Organization Overview
James W & Jean Hartley Hallmon Foundation Inc is located in Tuscaloosa, AL. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. James W & Jean Hartley Hallmon Foundation 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 12/2021, James W & Jean Hartley Hallmon Foundation Inc generated $71.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $64.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, James W & Jean Hartley Hallmon Foundation Inc has awarded 12 individual grants totaling $300,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Philip Lisenby Director | 1 | $2,500 | |
Joel F Dorroh Director | 1 | $2,500 | |
Donald H Wood Director | 1 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,423 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,190 |
| Capital Gain Net Income | $5,190 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,613 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $671 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $82 |
| Total operating and administrative expenses | $13,996 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $63,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,194,038 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,211,649 |
| 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, James W & Jean Hartley Hallmon Foundation Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Henderson, TN PURPOSE: SCHOLARSHIPS | $25,000 |
Montgomery, AL PURPOSE: SCHOLARSHIPS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
Joseph C Bancroft Charitable & Educational Fund Mccomb, MS | $195,688,163 | $4,336,128 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |
Arnold & Winnie Palmer Foundation Inc Orlando, FL | $20,742,397 | $2,603,528 |
Mssa Ila Vacation Plan And Trust Mobile, AL | $2,494,985 | $3,007,833 |
W I H Pitts Charitable Tr Ua 110187 Orlando, FL | $39,439,716 | $4,048,727 |
Blake Family Foundation Inc Atlanta, GA | $54,641,915 | $13,537,530 |
St Marys United Methodist Church Foundation Inc Saint Marys, GA | $38,808,441 | $1,300,375 |
Fleming Family Foundation Jacksonville, FL | $35,811,592 | $3,215,572 |