Hegi Family Foundation
- Assets
- $3.3m
- Revenue
- $123.7k
- Investments
- $3.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/1988
- Data as of
- 12/2022
- EIN
- 75-2217565
Organization Overview
Hegi Family Foundation is located in Dallas, TX. The organization was established in 1988. 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. Hegi Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Hegi Family Foundation has awarded 313 individual grants totaling $1,990,459. 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 |
|---|---|---|---|
Frederick B Hegi Jr President | 5 | $0 | |
Margie A Hegi Vice President | 5 | $0 | |
Louise Backa Secr/treas | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,202 |
| Dividends & Interest | $81,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,447 |
| Capital Gain Net Income | $38,447 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,390 |
| Total Revenue | $123,723 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $80 |
| Other expenses | $252 |
| Total operating and administrative expenses | $11,607 |
| Contributions, gifts, grants paid | $265,767 |
| Total expenses and disbursements | $277,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,512 |
| 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 | $481 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,303,635 |
| 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, Hegi Family Foundation has awarded $265,767 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
ALL STARS PROJECT PURPOSE: EDUCATIONAL AND COMMUNITY PROGRAMS FOR YOUTH | $5,000 |
ARTISTS FOR COMMUNITY TRANSFORMATION PURPOSE: COMMUNITY AND EDUCATIONAL PROGRAMS TO PROMOTE DIVERSITY | $250 |
ALZHEIMER'S ASSOCIATION PURPOSE: SUPPORT FOR ALZHEIMER'S PATIENTS AND THEIR FAMILIES | $200 |
AMERICAN PRAIRIE RESERVE PURPOSE: MUSEUM AND HISTORY PROGRAMS | $30,000 |
AT&T PERFORMING ARTS CENTER PURPOSE: ART PROGRAMS, COMMUNITY PROGRAMS, LIVE PRODUCTIONS | $27,400 |
BAYLOR SCOTT & WHITE DALLAS FOUNDATION PURPOSE: SUPPORT FOR BREAST CANCER PATIENTS, MEDICAL SCREENINGS | $13,750 |