Nancy Ann Hunt Foundation
- Assets
- $17.0m
- Revenue
- $3.3m
- Investments
- $8.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 11/1988
- Data as of
- 06/2022
- EIN
- 75-2251332
Organization Overview
Nancy Ann Hunt Foundation is located in Dallas, TX. The organization was established in 1988. 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. Nancy Ann Hunt 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 06/2022, Nancy Ann Hunt Foundation generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $6.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Nancy Ann Hunt Foundation has awarded 25 individual grants totaling $43,407,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NANCY ANN HUNT FOUNDATION IS A TEXAS NONPROFIT FOUNDATION ESTABLISHED TO ASSIST ORGANIZATIONS EXEMPT FROM INCOME TAXES UNDER IRS SECTION 501(C)(3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NANCY ANN HUNT FOUNDATION, IN FURTHERANCE OF ITS MISSION AS WELL AS TO SUPPORT AND BENEFIT THE COMMUNITIES FOUNDATION OF TEXAS, PROVIDED GRANT FUNDING TO THE FOLLOWING ORGANIZATIONS IN FISCAL YEAR ENDING 6/30/2023:COMMUNITIES FOUNDATION OF TEXAS; PARISH EPISCOPAL SCHOOL; C C YOUNG MEMORIAL HOME; METHODIST HEALTH SYSTEM FOUNDATION INC.; CIRCLE TEN COUNCIL, BOY SCOUTS OF AMERIA; AUSTIN STREET CENTER; SOUTHERN METHODIST UNIVERSITY - SIMMONS SCHOOL OF EDUCATION; NEW FRIENDS NEW LIFE; AND THE NANCY ANN HUNT AND RAY L. HUNT CHARITABLE FUND AT COMMUNITIES FOUNDATION OF TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Ann Hunt Chairman & Vice President/director | OfficerTrustee | 5 | $0 |
Heather Hunt Graham Vice President/director | OfficerTrustee | 5 | $0 |
Ashlee Hunt Kleinert Vice President/director | OfficerTrustee | 5 | $0 |
David J Scullin Vice President/director | OfficerTrustee | 5 | $0 |
Connie O'neill Director (thru 12/02/2022) | Trustee | 5 | $0 |
Bobby Lyle Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,000,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000,000 |
| Total Program Service Revenue | $0 |
| Investment income | $9,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $81,730 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $131,893 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,295,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,520,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,992 |
| Fees for services: Accounting | $26,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,005 |
| All other expenses | $0 |
| Total functional expenses | $6,572,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,611,957 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,194 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $692,217 |
| Investments—other securities | $8,660,488 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,037,856 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $17,037,856 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,037,856 |
Grants Awarded
Over the last fiscal year, Nancy Ann Hunt Foundation has awarded $11,520,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITIES FOUNDATION OF TEXAS (CFT) PURPOSE: GENERAL FUND ($10,000); CONNIE O'NEILL FUND ($10,000); THE NANCY ANN HUNT AND RAY L. HUNT CHARITABLE FUND ($500,000) | $520,000 |
PARISH EPISCOPAL SCHOOL PURPOSE: EDUCATION FUND | $1,000,000 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: SIMMONS SCHOOL OF EDUCATION | $1,000,000 |
C C YOUNG MEMORIAL HOME PURPOSE: GENERAL PURPOSE | $3,500,000 |
METHODIST HEALTH SYSTEM FOUNDATION INC PURPOSE: GENERAL PURPOSE | $2,000,000 |
CIRCLE TEN COUNCIL BOY SCOUTS OF AMERICA PURPOSE: GENERAL FUND | $2,000,000 |