Kenneth A Hall And Patricia A Hall Charitable Foundation
- Assets
- $61.7m
- Revenue
- $53.1m
- Investments
- $57.8m
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 10/2019
- Data as of
- 12/2020
- EIN
- 83-4709926
Organization Overview
Kenneth A Hall And Patricia A Hall Charitable Foundation is located in Norfolk, VA. The organization was established in 2019. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenneth A Hall And Patricia A Hall Charitable 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 12/2020, Kenneth A Hall And Patricia A Hall Charitable Foundation generated $53.1m in total revenue.
Since 2020, Kenneth A Hall And Patricia A Hall Charitable Foundation has awarded 34 individual grants totaling $9,287,000. 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.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth A Hall Jr Trustee | 1 | $0 | |
F Gray Kiger Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $51,177,451 |
| Interest on Savings | $0 |
| Dividends & Interest | $87,130 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,820,666 |
| Capital Gain Net Income | $1,820,666 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,085,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,499 |
| Depreciation | $3,867 |
| Occupancy | $14,806 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,996 |
| Total operating and administrative expenses | $80,946 |
| Contributions, gifts, grants paid | $7,510,000 |
| Total expenses and disbursements | $7,590,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,799,755 |
| 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 | $2,768 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,870,455 |
| Net Land, buildings, and equipment | $64,294 |
| Other assets | $5,308 |
| Total assets | $61,687,213 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $6,950,000 |
| 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 | $6,950,000 |
Grants Awarded
Over the last fiscal year, Kenneth A Hall And Patricia A Hall Charitable Foundation has awarded $1,777,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL OF THE KING'S DAUGHTERS PURPOSE: TO PROVIDE FINANCIAL SUPPORT. | $750,000 |
Norfolk, VA PURPOSE: TO PROVIDE FINANCIAL SUPPORT. | $200,000 |
Norfolk, VA PURPOSE: TO PROVIDE FINANCIAL SUPPORT. | $200,000 |
SETON YOUTH SHELTER PURPOSE: TO PROVIDE FINANCIAL SUPPORT. | $200,000 |
Virginia Beach, VA PURPOSE: TO PROVIDE FINANCIAL SUPPORT. | $80,000 |
SOUTHEASTERN FOOD BANK PURPOSE: TO PROVIDE FINANCIAL SUPPORT. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South West Lmc Inc Ona, WV | $364,106 | $8,913,283 |
The Empowered Workforce Association Hamilton, VA | $281,260 | $8,487,514 |
Kenneth A Hall And Patricia A Hall Charitable Foundation Norfolk, VA | $61,687,213 | $53,085,247 |
Together Every1 Achieves More Inc Gwynn Oak, MD | $1,472,727 | $5,366,148 |
District Of Columbia Approved Basketball Officials Association I Silver Spring, MD | $111,562 | $892,920 |
Carolina Rise Indian Trail, NC | $28,581 | $518,712 |
Kentucky Cobras Inc Florence, KY | $27,896 | $450,667 |
Nova 94 Feet Inc Herndon, VA | $62,716 | $473,698 |
D-Up Inc High Point, NC | $689,970 | $686,296 |
Va Hokies Sports Organization Inc Manassas, VA | $860 | $379,968 |
Virginia Basketball Academy Foundation Charlottesville, VA | $209,780 | $562,040 |
Leadership Through Athletic Inc Lansdowne, MD | $1,689,605 | $399,561 |