Hsjk Foundation Inc
- Assets
- $7.7m
- Revenue
- $5.6m
- Investments
- $3.0m
- Employees
- 0
- Location
- Boston, MA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2810383
Organization Overview
Hsjk Foundation Inc is located in Boston, MA. 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. Hsjk Foundation Inc 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, Hsjk Foundation Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $6.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hsjk Foundation Inc has awarded 53 individual grants totaling $7,427,406. 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 |
|---|---|---|---|
Jonathan A Kraft President, Treasurer & Dir | 1 | $0 | |
Patricia L Kraft Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,500,000 |
| Interest on Savings | $25,359 |
| Dividends & Interest | $40,522 |
| 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 | $78 |
| Total Revenue | $5,565,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $98,462 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $98,462 |
| Contributions, gifts, grants paid | $6,002,406 |
| Total expenses and disbursements | $6,100,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,729,557 |
| 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 | $2,143,153 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,696,538 |
| 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, Hsjk Foundation Inc has awarded $6,002,406 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON COLLEGE PURPOSE: GENERAL SUPPORT | $850,000 |
WILLIAMS COLLEGE PURPOSE: GENERAL SUPPORT | $1,014,323 |
TRUSTEES OF DARTMOUTH COLLEGE PURPOSE: GENERAL SUPPORT | $625,000 |
HARVARD BUSINESS SCHOOL PURPOSE: GENERAL SUPPORT | $525,000 |
NORTHWESTERN UNIVERSITY PURPOSE: GENERAL SUPPORT | $500,000 |
PPLM PURPOSE: GENERAL SUPPORT | $350,000 |