Hill Foundation
- Assets
- $641.7k
- Revenue
- $34.5k
- Investments
- $631.0k
- Employees
- 0
- Location
- Benton, AR
- Founding
- 10/1984
- Data as of
- 11/2023
- EIN
- 71-0576287
Organization Overview
Hill Foundation is located in Benton, AR. The organization was established in 1984. 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. Hill 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 11/2023, Hill Foundation generated $34.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $68.2k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Hill Foundation has awarded 16 individual grants totaling $126,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa R Edwards President | 1 | $0 | |
Kevin Hill Secretary/treas | 1 | $0 | |
Grayling Hill Director | 1 | $0 | |
Kimberly Pavatt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,407 |
| Dividends & Interest | $33,105 |
| 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 | $34,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $450 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,162 |
| Total operating and administrative expenses | $23,162 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $68,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,737 |
| 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 | $641,738 |
| Accounts payable and accrued expenses | $450 |
| 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 | $450 |
Grants Awarded
Over the last fiscal year, Hill Foundation has awarded $45,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GENERAL COUNCIL OF THE AOG PURPOSE: GENERAL BUDGET | $15,000 |
ONE HOPE PURPOSE: GENERAL BUDGET | $6,000 |
DESTINED TO WINSECOND CHANCE RANCH INC PURPOSE: GENERAL BUDGET | $2,500 |
CONVOY OF HOPE PURPOSE: GENERAL BUDGET | $6,000 |
GRACE COMMUNITY ASSEMBLY PURPOSE: GENERAL BUDGET | $2,500 |
CHRISTIAN LIFE CHURCH PURPOSE: GENERAL BUDGET | $8,000 |