Hirsch Family Foundation Inc
- Assets
- $544.7k
- Revenue
- $163.8k
- Investments
- $416.7k
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-3595337
Organization Overview
Hirsch Family Foundation Inc is located in Baltimore, MD. The organization was established in 2018. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Hirsch Family Foundation Inc 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 12/2021, Hirsch Family Foundation Inc generated $163.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $29.4k during the year ending 12/2021. 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 |
|---|---|---|---|
Thomas M Hirsch President & Director | 1 | $0 | |
John T Hirsch Treasurer & Director | 1 | $0 | |
Joseph J Hirsch Director | 1 | $0 | |
Mary C Hirsch Director | 1 | $0 | |
Sharon A Hirsch Vice President & Director | 1 | $0 | |
Robyn B Hirsch Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,674 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,545 |
| Capital Gain Net Income | $58,545 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $163,812 |
| 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 | $4,359 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $29,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,050 |
| 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 | $416,668 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $544,718 |
| 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, Hirsch Family Foundation Inc has awarded $25,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Glen Burnie, MD PURPOSE: TO PROVIDE SUPPORT TO THE YOUTH EMPOWERMENT PROGRAM | $5,000 |
WOMENS CARE CENTER PURPOSE: TO PROVIDE FUNDING FOR SUPPORT AND EDUCATION FOR PREGNANT WOMEN | $5,000 |
THE ATLANTIC CLUB PURPOSE: TO SUPPORT COMMUNITY FUNDRAISING EVENTS | $5,000 |
VEHICLES FOR CHANGE PURPOSE: TO PROVIDE FUNDING TO THE ORGANIZATION | $5,000 |
BRIGHT FM PURPOSE: TO PROVIDE FUNDING FOR PANTRY PROJECT | $4,000 |
LIGHT OF THE LIFE MISSION PURPOSE: TO PROVIDE FUNDING FOR THE HOMELESS SHELTER | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council On Foundations Inc Washington, DC | $28,475,981 | $12,025,472 |
Independent Sector Washington, DC | $46,005,638 | $15,271,435 |
Capital Research Center Washington, DC | $10,585,659 | $6,083,008 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
National Center For Family Philanthropy Inc Washington, DC | $7,834,627 | $8,108,744 |
Philanthropy Network Greater Philadelphia Philadelphia, PA | $1,306,274 | $3,056,265 |
The Grantmakers Of Western Pennsyl Vania Pittsburgh, PA | $3,601,911 | $2,093,159 |
Moments Of Hope Outreach Studley, VA | $714,742 | $2,126,416 |
National Council Of Nonprofits Washington, DC | $6,534,362 | $5,933,056 |
New Life Thrift Inc Glenside, PA | $1,745,552 | $2,183,383 |