Russell C And Cornelie G Hibbeler Foundation
- Assets
- $2.8m
- Revenue
- $78.8k
- Investments
- $2.7m
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- Data as of
- 12/2023
- EIN
- 84-4081561
Organization Overview
Russell C And Cornelie G Hibbeler Foundation is located in Lafayette, LA. 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. Russell C And Cornelie G Hibbeler 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 12/2023, Russell C And Cornelie G Hibbeler Foundation generated $78.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (52.0%) each year.
Since 2020, Russell C And Cornelie G Hibbeler Foundation has awarded 30 individual grants totaling $387,220. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell C Hibbeler Trustee | 1 | $0 | |
Cornelie G Hibbeler Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32,651 |
| Dividends & Interest | $46,129 |
| 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 | $78,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,107 |
| Contributions, gifts, grants paid | $12,870 |
| Total expenses and disbursements | $13,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,215 |
| 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 | $2,772,540 |
| 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, Russell C And Cornelie G Hibbeler Foundation has awarded $12,870 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ST JAMES SOCIAL CARE PURPOSE: GENERAL SUPPORT | $1,000 |
DIOCESE OF LAFAYETTE PURPOSE: GENERAL SUPPORT | $1,000 |
GREATER CHICAGO FOOD DEPOSITORY PURPOSE: GENERAL SUPPORT | $1,000 |
CATHOLIC RELIEF SERVICES PURPOSE: GENERAL SUPPORT | $5,000 |
TEXTBOOK ACADEMIC AUTHORS ASSN PURPOSE: GENERAL SUPPORT | $1,000 |
ATMOS ENERGY SHARING THE WARMTH PURPOSE: GENERAL SUPPORT | $240 |