Phil & Karen Hunke Family Foundation
- Assets
- $2.2m
- Revenue
- $41.2k
- Investments
- $2.2m
- Employees
- 0
- Location
- Boerne, TX
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 81-0772404
Organization Overview
Phil & Karen Hunke Family Foundation is located in Boerne, TX. The organization was established in 2016. 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. Phil & Karen Hunke 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.
For the year ending 12/2023, Phil & Karen Hunke Family Foundation generated $41.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $129.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Phil & Karen Hunke Family Foundation has awarded 53 individual grants totaling $660,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $194 |
| Dividends & Interest | $56,122 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,147 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,169 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,350 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,605 |
| Contributions, gifts, grants paid | $117,500 |
| Total expenses and disbursements | $129,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,787 |
| 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 | $603,513 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,245,593 |
| 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, Phil & Karen Hunke Family Foundation has awarded $117,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
KLEBERG WILDLF RESEARCH PURPOSE: CONSERVATION | $12,000 |
NEST NATURE SCHOOL PURPOSE: EDUCATION | $50,000 |
UT HEALTH SAN ANTONIO PURPOSE: HEALTHCARE | $20,000 |
SAM HOUSTON STATE UNIV PURPOSE: EDUCATION | $5,000 |
LAST CHANCE FOREVER PURPOSE: CONSERVATION | $5,000 |
KENDALL LIVESTOCK SHOW PURPOSE: EDUCATION | $1,000 |