Hafif Foundation
- Assets
- $4.2m
- Revenue
- $69.0k
- Investments
- $3.2m
- Employees
- 0
- Location
- Claremont, CA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-3306050
Organization Overview
Hafif Foundation is located in Claremont, CA. The organization was established in 2019. 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. Hafif 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, Hafif Foundation generated $69.0k 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 (64.3%) each year. All expenses for the organization totaled $78.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hafif Foundation has awarded 15 individual grants totaling $295,770. 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
SEE ATTACHMENT C
SEE ATTACHMENT C
SEE ATTACHMENT C
SEE ATTACHMENT C
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 |
|---|---|---|---|
Fenja Klaus Director | 1 | $0 | |
Carter Hafif Secretary/direc | 1 | $0 | |
Greg Hafif Ceo, Cfo, Direc | 2 | $0 | |
Brooke Hafif Director | 1 | $0 | |
Thomas Cerafice Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,950 |
| 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 | $0 |
| Total Revenue | $68,950 |
| 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 | $4,323 |
| Total operating and administrative expenses | $7,208 |
| Contributions, gifts, grants paid | $71,650 |
| Total expenses and disbursements | $78,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $966,247 |
| 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 | $4,206,704 |
| 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, Hafif Foundation has awarded $49,120 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF LA VERNE PURPOSE: EDUCATIONAL PURPOSES | $17,500 |
PEPPERDINE UNIVERSITY PURPOSE: EDUCATIONAL PURPOSES | $5,000 |
AGINGNEXT PURPOSE: CHARITABLE PURPOSES | $620 |
BE PERFECT FOUNDATION PURPOSE: CHARITABLE PURPOSES | $25,000 |
LA VERNE POLICE OFFICERS ASSOCIATIO PURPOSE: CHARITABLE PURPOSES | $1,000 |