W David & Gay Etta Hemingway Fdtn is located in Salt Lake City, UT. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. W David & Gay Etta Hemingway Fdtn 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, W David & Gay Etta Hemingway Fdtn generated $57.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $56.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE HOPE AND FAITH IN A BETTER FUTURE IN THE COMMUNITY
DONATIONS TO OTHER 501(C)(3) ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gay Etta Hemingway Trustee | 5 | $0 | |
Ryan Hemingway Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2 |
Dividends & Interest | $14,886 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,748 |
Capital Gain Net Income | $6,748 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $35,793 |
Total Revenue | $57,429 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $824 |
Depreciation | $11,544 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $27,472 |
Total operating and administrative expenses | $39,840 |
Contributions, gifts, grants paid | $16,338 |
Total expenses and disbursements | $56,178 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,121 |
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 | $13,044 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $314,454 |
Net Land, buildings, and equipment | $33,339 |
Other assets | $0 |
Total assets | $375,958 |
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 | $18,036 |
Total liabilities | $18,036 |
Over the last fiscal year, W David & Gay Etta Hemingway Fdtn has awarded $4,277 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
BYU IDAHO PURPOSE: CHARITABLE | $237 |
CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS PURPOSE: CHARITABLE | $1,215 |
GIFTS TO THE NEEDYINDIGENT PURPOSE: HELP THE POOR AND NEEDY | $2,225 |
PARENTS FAMILY AND FACULTY OF WASHINGTON PURPOSE: CHARITABLE | $500 |
MAKE A WISH FOUNDATION PURPOSE: CHARITABLE | $100 |