Hap Foundation
- Assets
- $187.1k
- Revenue
- $30.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- 02/1998
- Data as of
- 12/2021
- 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 12/2021, Hap Foundation generated $30.0k 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 (7.0%) each year. All expenses for the organization totaled $21.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hap Foundation has awarded 85 individual grants totaling $189,250. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry A Parks Jr President | 1 | $0 | |
Gail W Parks Secretary | 1 | $0 | |
Kristen Parks Sutherland Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| 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 | $30,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $740 |
| Contributions, gifts, grants paid | $20,750 |
| Total expenses and disbursements | $21,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,119 |
| 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 | $187,119 |
| 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 $20,750 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Scottsdale, AZ PURPOSE: HOMELESS, FOODBANK, ENERGY SHARE | $4,000 |
Danville, CA PURPOSE: RELIGIOUS | $3,000 |
BAY AREA RESCUE MISSION PURPOSE: HOMELESS AID, COUNSELING AND TRAINING | $2,500 |
THE BRIDGEYOUNG LIFE PURPOSE: YOUTH PROGRAMS | $2,500 |
CAMPUS CRUSADE FOR CHRIST PURPOSE: YOUTH PROGRAMS | $1,500 |
Boone, NC PURPOSE: HUMANITARIAN AID | $1,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
William H And Carrie Gottsche Foundation Thermopolis, WY | $15,267,869 | $5,413,273 |
Emerald Gate Charitable Trust Jackson, WY | $143,120,759 | $36,236,406 |
Newton Foundation Jackson, WY | $19,007,412 | $862,510 |
Conrad Heskin Charitable Trust Grand Forks, ND | $0 | $281,368 |
Vc Medical Endowment Tr Sioux Falls, SD | $16,574,486 | $1,476,836 |
Nehring Family Nice Foundation Sioux Falls, SD | $4,939,586 | $4,091,641 |
Platte River Trails Trust Casper, WY | $7,380,514 | $856,842 |
Cecil Daniel Trust Fbo St Joseph Catholic Church Williston, ND | $117,870 | $694,450 |
Matthew & Virgie O Dragicevich Wyo Fndn Tr One Utd 02-22-1994 Teton Village, WY | $5,420,759 | $28,096 |
Kipp Nelson Foundation Ketchum, ID | $1,863,137 | $184,585 |
Environmental Health Trust Teton Village, WY | $648,901 | $567,748 |