William T And Susana D Huston Family Foundation
- Assets
- $5.8m
- Revenue
- $500.1k
- Investments
- $3.4m
- Employees
- 0
- Location
- La Canada, CA
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 81-2037621
Organization Overview
William T And Susana D Huston Family Foundation is located in La Canada, CA. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. William T And Susana D Huston 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 12/2022, William T And Susana D Huston Family Foundation generated $500.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $438.3k during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, William T And Susana D Huston Family Foundation has awarded 93 individual grants totaling $1,120,000. 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 |
|---|---|---|---|
Helen Zieman Secretary | 1 | $0 | |
Robert Watson Huston President | 1 | $0 | |
Elizabeth Huston Director | 1 | $0 | |
Ronald P Hallagan CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38,679 |
| Dividends & Interest | $123,899 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $337,529 |
| Capital Gain Net Income | $337,529 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $500,107 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $38,274 |
| Contributions, gifts, grants paid | $400,000 |
| Total expenses and disbursements | $438,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,395 |
| Savings and temporary cash investments | $2,260,990 |
| 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 | $5,787,019 |
| 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, William T And Susana D Huston Family Foundation has awarded $400,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
CYSTIC FIBROSIS FOUNDATION PURPOSE: UNRESTRICTED USE | $13,000 |
DIOCESE OF HELENA PURPOSE: SEMINARIAN EDUCATION | $13,000 |
ST ANTHONY FOUNDATION PURPOSE: UNRESTRICTED GENERAL USE | $5,000 |
SAMARITAN HOUSE PURPOSE: UNRESTICTED GENERAL USE | $3,000 |
PEPPERDINE UNIVERSITY PURPOSE: TUITION ASSISTANCE | $8,000 |
FIRST TEE - SILICON VALLEY PURPOSE: UNRESTRICTED USE | $10,000 |