Hogg Family Foundation Inc is located in Whitesburg, KY. 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. Hogg Family 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 12/2023, Hogg Family Foundation Inc generated $323.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (47.6%) each year. All expenses for the organization totaled $80.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Hogg President | 40 | $0 | |
Larissa Bailey Vice President | 40 | $0 | |
Paul M Hogg Secretary | 40 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $322,582 |
Interest on Savings | $401 |
Dividends & Interest | $0 |
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 | $322,983 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $12,857 |
Depreciation | $0 |
Occupancy | $7,048 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $19,433 |
Total operating and administrative expenses | $44,813 |
Contributions, gifts, grants paid | $35,711 |
Total expenses and disbursements | $80,524 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $404,620 |
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 | $589,191 |
Other assets | $415,000 |
Total assets | $1,408,811 |
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 |
Over the last fiscal year, Hogg Family Foundation Inc has awarded $35,711 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
LETCHER COUNTY PURPOSE: DONATION | $10,850 |
FRAN'S CUSTOM DESIGN PURPOSE: DONATION | $1,361 |
NEON FIRST CHURCH OF GOD PURPOSE: DONATION | $19,000 |
I-CAN SERVICES PURPOSE: DONATION | $4,200 |
ROTARY CLUB PURPOSE: DONATION | $300 |