Hinnant Foundation Inc is located in Amarillo, TX. The organization was established in 1968. 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. Hinnant 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 12/2022, Hinnant Foundation Inc generated $6.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $260.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hinnant Foundation Inc has awarded 76 individual grants totaling $294,861. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia L Crawford Vice President | 0 | $0 | |
Cathy L Smith President | 0 | $0 | |
Betty A Hinnant Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $4,000 |
Interest on Savings | $95 |
Dividends & Interest | $2,722 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $3,160 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $6,817 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $621 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $141 |
Total operating and administrative expenses | $762 |
Contributions, gifts, grants paid | $260,051 |
Total expenses and disbursements | $260,813 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
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 |
Over the last fiscal year, Hinnant Foundation Inc has awarded $260,051 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
WHITESBURG BAPTIST CHURCH PURPOSE: CHURCH ACTIVITES | $400 |
FAITH BIBLE CHURCH PURPOSE: ANY AND ALL CHURCH MINISTRY | $1,000 |
HUNTSVILLE DREAM CENTER BRIDGE BUILDER PURPOSE: YOUTH MINISTRY | $10,000 |
SIERRA COMMUNITY CHURCH PURPOSE: ANY AND ALL CHURCH MINISTRY | $5,000 |
BIGLIFE GLOBAL MINISTRY PURPOSE: FOREIGN MISSIONS | $700 |
BIBLE STUDY INTERNATIONAL PURPOSE: RELIGIOUS EDUCATION | $1,500 |