Hyder Family Foundation
- Assets
- $472.5k
- Revenue
- $562.4k
- Investments
- $380.9k
- Employees
- 0
- Location
- Sammamish, WA
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 91-2159711
Organization Overview
Hyder Family Foundation is located in Sammamish, WA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hyder 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 12/2021, Hyder Family Foundation generated $562.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $241.0k during the year ending 12/2021. While expenses have increased by 34.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hyder Family Foundation has awarded 72 individual grants totaling $1,017,738. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES DONATIONS & GRANTS TO OTHER CHARITABLE ORGANIZATIONS FOR EDUCATIONAL, RELIGIOUS, HUMANITARIAN AND OTHER CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ifrah Hyder Director | 0 | $0 | |
Jameel Hyder Director | 1 | $0 | |
Gibran Hyder Director | 0 | $0 | |
Zoya Hyder Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $542,015 |
| Interest on Savings | $3 |
| Dividends & Interest | $10,754 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,587 |
| Capital Gain Net Income | $9,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $562,359 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $363 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,455 |
| Total operating and administrative expenses | $4,568 |
| Contributions, gifts, grants paid | $236,465 |
| Total expenses and disbursements | $241,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $91,670 |
| 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 | $472,526 |
| 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, Hyder Family Foundation has awarded $236,465 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AL KISA FOUNDATION PURPOSE: EDUCATION | $122,830 |
AL-ASR FOUNDATION PURPOSE: EDUCATION/HUMANITARIAN | $35,000 |
HELPING HANDS FOUNDATION PURPOSE: HUMANITARIAN | $15,000 |
Lake Mary, FL PURPOSE: HUMANITARIAN | $14,000 |
KIFAAYAH PURPOSE: HUMANITARIAN | $11,963 |
THE RISING SUN PURPOSE: HUMANITARIAN | $10,672 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bezos Family Foundation Seattle, WA | $130,746,152 | $60,417,966 |
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
Raikes Foundation Seattle, WA | $117,221,519 | $16,360,598 |
Aldarra Foundation Seattle, WA | $1,907,346 | $20,570,824 |
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |