Hahofer Family Foundation
- Assets
- $510.6k
- Revenue
- $155.7k
- Investments
- $505.7k
- Employees
- 0
- Location
- Somerset, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 84-7040295
Organization Overview
Hahofer Family Foundation is located in Somerset, NJ. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hahofer Family 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, Hahofer Family Foundation generated $155.7k 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 (22.1%) each year. All expenses for the organization totaled $29.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hahofer Family Foundation has awarded 93 individual grants totaling $116,750. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $73,160 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,091 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,480 |
| Capital Gain Net Income | $74,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $155,731 |
| 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 | $0 |
| Total operating and administrative expenses | $1,145 |
| Contributions, gifts, grants paid | $28,250 |
| Total expenses and disbursements | $29,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,988 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $510,640 |
| 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, Hahofer Family Foundation has awarded $28,250 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
HILLSBOROUGH REFORMED CHURCH PURPOSE: AS NEEDED | $7,750 |
GIGI'S PLAYHOUSE PURPOSE: AS NEEDED | $500 |
ST JUDES HOSPITAL PURPOSE: AS NEEDED | $1,500 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: AS NEEDED | $1,500 |
SHRINERS HOSPITAL PURPOSE: AS NEEDED | $1,500 |
RONALD MCDONALD HOUSE PURPOSE: AS NEEDED | $1,500 |