Ed And Fern Hamel Family Foundation Inc is located in Elkridge, MD. The organization was established in 2019. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Ed And Fern Hamel 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 12/2022, Ed And Fern Hamel Family Foundation Inc generated $131.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.9%) each year. All expenses for the organization totaled $184.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Ed And Fern Hamel Family Foundation Inc has awarded 41 individual grants totaling $124,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS FOR STUDENTS TO ATTEND COLLEGES AND UNIVERSITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fern Hamel Secretary/tr | 1 | $0 | |
J Edward Hamel President | 1 | $0 | |
Philip Gibbs Vice Preside | 1 | $0 | |
John Hamel Member | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $100,000 |
Interest on Savings | $1,845 |
Dividends & Interest | $28,058 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,998 |
Total Revenue | $131,901 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $40,000 |
Pension plans, employee benefits | $6,039 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $879 |
Total operating and administrative expenses | $60,802 |
Contributions, gifts, grants paid | $124,000 |
Total expenses and disbursements | $184,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $212,972 |
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 | $1,256,910 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,469,882 |
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 |
Over the last fiscal year, Ed And Fern Hamel Family Foundation Inc has awarded $124,000 in support to 41 organizations.
Grant Recipient | Amount |
---|---|
ALICE LLOYD COLLEGE PURPOSE: SUPPORT FOR STUDENTS | $27,500 |
ANNE ARUNDAL COMMUNITY COLLEGE PURPOSE: SUPPORT FOR STUDENTS | $15,000 |
MMYFC ANNUAL FUNDRAISING DINNER PURPOSE: FUNDRAISING DINNER | $10,000 |
Tallahassee, FL PURPOSE: SUPPORT DISASTER FUND | $10,000 |
SAMARITAN'S PURSE-UKRAINE RESPONSE PURPOSE: SUPPORT CRISIS IN UKRAINE | $10,000 |
CHRYSALLIS HOUSE INC PURPOSE: TO SUPPORT THE AREA OF GREATEST NEED | $5,000 |
Over the last fiscal year, we have identified 1 grants that Ed And Fern Hamel Family Foundation Inc has recieved totaling $276,901.
Awarding Organization | Amount |
---|---|
The Community Foundation Of Howard County Inc Columbia, MD PURPOSE: GENERAL DONATION | $276,901 |
Organization Name | Assets | Revenue |
---|---|---|
The Naval Institute Foundation Incorporated Annapolis, MD | $16,478,320 | $8,459,950 |
Baltimore City Foundation Inc Baltimore, MD | $20,625,141 | $25,532,138 |
The Harry Halloran Jr Charitable Trust Philadelphia, PA | $26,412,399 | $8,412,088 |
The Richman Family Foundation Inc Baltimore, MD | $21,774,672 | $824,650 |
Venture Philanthropy Partners Inc Washington, DC | $4,166,381 | $6,325,429 |
Rodel Charitable Foundation De Wilmington, DE | $15,413,230 | $5,493,740 |
Dbs Foundation Holdings Harrisburg, PA | $361,345 | $2,360,629 |
Commonwealth Foundation V Richmond, VA | $38,532,929 | $6,620,642 |
Commonwealth Foundation Iv Richmond, VA | $38,533,029 | $6,621,693 |
Helena Devereux Foundation Villanova, PA | $208,303,000 | $15,868,103 |
R E B Foundation Richmond, VA | $74,287,615 | $7,129,947 |
Ncf Supporting Organization Wilmington, DE | $1,802,740 | $4,444,698 |