H I Foundation Inc
- Assets
- $15.4m
- Revenue
- $334.1k
- Investments
- $15.1m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 09/1998
- Data as of
- 12/2023
- EIN
- 65-0848161
Organization Overview
H I Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 1998. 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. H I 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 12/2023, H I Foundation Inc generated $334.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, H I Foundation Inc has awarded 362 individual grants totaling $4,200,500. 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 |
|---|---|---|---|
Richard S Ingham Jr Director | 1 | $0 | |
Timothy C Ingham Director | 1 | $0 | |
Annelle I Carney Director | 1 | $0 | |
Hilary I Hickman Director | 1 | $0 | |
Sharon I Horal Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,766 |
| Dividends & Interest | $404,221 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$72,879 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,000 |
| Total Revenue | $334,108 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,630 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61 |
| Total operating and administrative expenses | $86,745 |
| Contributions, gifts, grants paid | $1,038,000 |
| Total expenses and disbursements | $1,124,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,254 |
| Savings and temporary cash investments | $313,631 |
| 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 | $15,403,630 |
| 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, H I Foundation Inc has awarded $1,038,000 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
ALS ASSOCIATION PURPOSE: FOR ALS RESEARCH, EDUCATION, ADVOCACY, AND SERVICE | $10,000 |
AMERICAN CANCER SOCIETY PURPOSE: FOR CANCER RESEARCH, EDUCATION, ADVOCACY, AND SERVICE | $30,000 |
AMERICAN MACULAR DEGENERATION FOUNDATION PURPOSE: TO SUPPORT BASIC AND APPLIED RESEARCH AND PROVIDE EDUCATION FOR EYE DISEASES. | $10,000 |
AMERICAN HEART ASSOCIATION PURPOSE: TO BUILD HEALTHIER LIVES FREE OF CARDIOVASCULAR DISEASES AND STROKE | $15,000 |
AMERICAN RED CROSS SOUTH FLORIDABROWARD COUNTY PURPOSE: TO PROVIDE DISASTER RELIEF AT HOME AND ABROAD, CPR CERTIFICATION AND FIRST AID COURSES, AND EMERGENCY PREPAREDNESS | $30,000 |
BLANK PARK ZOO FOUNDATION PURPOSE: TO ENHANCE QUALITY OF LIFE IN IOWA AS AN AFFORDABLE DESTINATION AND AS A CENTER FOR EDUCATION AND ENDANGERED SPECIES CONSERVATION. | $10,000 |