Hyder Family Foundation
- Assets
- $412.6k
- Revenue
- $72.1k
- Investments
- $400.6k
- Employees
- 0
- Location
- Auburn, WA
- Founding
- 05/2002
- Data as of
- 12/2023
- EIN
- 91-2159711
Organization Overview
Hyder Family Foundation is located in Auburn, 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 12/2023, Hyder Family Foundation generated $72.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $20.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hyder Family Foundation has awarded 70 individual grants totaling $974,717. 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
2023
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 |
|---|---|---|---|
Jameel Hyder Director | 1 | $0 | |
Ifrah Hyder Director | 0 | $0 | |
Gibran Hyder Director | 0 | $0 | |
Zoya Hyder Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,694 |
| Interest on Savings | $457 |
| Dividends & Interest | $11,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,234 |
| Capital Gain Net Income | $6,234 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,093 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $239 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,386 |
| Total operating and administrative expenses | $4,500 |
| Contributions, gifts, grants paid | $16,400 |
| Total expenses and disbursements | $20,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,948 |
| 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 | $412,592 |
| 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 $16,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AL MAKARIM ISLAMIC FOUNDATION PURPOSE: HUMANITARIAN | $5,000 |
RISE EDUCATION PURPOSE: EDUCATION | $5,000 |
AL-KISA FOUNDATION PURPOSE: EDUCATION | $5,000 |
NW SHIA YOUTH PURPOSE: EDUCATION | $1,400 |