Huron Philanthropies Incorporated
- Assets
- $12.4m
- Revenue
- $505.3k
- Investments
- $2.3m
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 09/2018
- Data as of
- 12/2023
- EIN
- 82-1380754
Organization Overview
Huron Philanthropies Incorporated is located in Arlington, VA. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Huron Philanthropies Incorporated 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, Huron Philanthropies Incorporated generated $505.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $559.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Stewart Co-President | 1 | $0 | |
Kathryn Stewart Co-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $234,000 |
| Interest on Savings | $169,424 |
| Dividends & Interest | $75,899 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,897 |
| Capital Gain Net Income | $30,897 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$4,878 |
| Total Revenue | $505,342 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $797 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300,993 |
| Total operating and administrative expenses | $335,440 |
| Contributions, gifts, grants paid | $224,326 |
| Total expenses and disbursements | $559,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,325 |
| 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 | $629,717 |
| 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 | $9,485,559 |
| Total assets | $12,390,882 |
| 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, Huron Philanthropies Incorporated has awarded $73,387 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
URBAN INSTITUTE PURPOSE: TO SUPPORT THE WASHINGTON HOUSING INITIATIVE PROJECT. | $22,787 |
DC POLICY CENTER PURPOSE: TO SUPPORT THE I.Z.2.0 MODEL | $40,600 |
FRIENDS OF MPILONHLE PURPOSE: TO SUPPORT THE GENERAL ACTIVITIES OF FRIENDS OF MPILONHLE, INC. (EIN: 81-2218137), AN ORGANIZATION QUALIFIED FOR TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. | $10,000 |