Hap Foundation
- Assets
- $165.4k
- Revenue
- $22.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 68-0375884
Organization Overview
Hap Foundation is located in Bozeman, MT. The organization was established in 1998. 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. Hap 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 12/2023, Hap Foundation generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hap Foundation has awarded 99 individual grants totaling $227,250. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry A Parks Jer President | 1 | $0 | |
Kristen Parks Sutherland Vice President | 1 | $0 | |
Gail W Parks Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,576 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $970 |
| Contributions, gifts, grants paid | $48,600 |
| Total expenses and disbursements | $49,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,413 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $165,413 |
| 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, Hap Foundation has awarded $48,600 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BIBLE STUDY FELLOWSHIP PURPOSE: RELIGOUS | $100 |
CAMPAIGN FOR WORKING FAMILIES PURPOSE: TO SUPPORT FINANCIAL WELL-BEING AND ECONOMIC MOBILITY OF INDIVIDUALS AND FAMILIES | $500 |
COMMUNITY CHAPLAIN RESOURCES PURPOSE: RELIGIOUS | $3,000 |
BAY AREA RESCUE MISSION PURPOSE: HOMELESS AND COUNSELING AND TRAINING | $1,000 |
CRU PURPOSE: RELIGIOUS | $1,300 |
FOCUS ON THE FAMILY PURPOSE: SAVING LIVES - ADVOCATING FOR PREBORN BABIES | $250 |