Hodnefield Family Foundation Inc
- Assets
- $93.2k
- Revenue
- $6.7k
- Investments
- $79.0k
- Employees
- 0
- Location
- Incline Village, NV
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 94-3302456
Organization Overview
Hodnefield Family Foundation Inc is located in Incline Village, NV. The organization was established in 1998. 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. Hodnefield 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, Hodnefield Family Foundation Inc generated $6.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $39.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hodnefield Family Foundation Inc has awarded 11 individual grants totaling $124,500. 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 |
|---|---|---|---|
Gerald E Hodnefield Sec./director | 1 | $0 | |
Darcie Webber Vp/director | 1 | $0 | |
Donna Morgan Vice President | 1 | $0 | |
Cheryl Hayden Vice President | 1 | $0 | |
Sherri J Hodnefield Cfo/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,724 |
| 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 | $6,724 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3 |
| Total operating and administrative expenses | $2,413 |
| Contributions, gifts, grants paid | $37,000 |
| Total expenses and disbursements | $39,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $13,493 |
| 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 | $713 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $93,174 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $32,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,000 |
Grants Awarded
Over the last fiscal year, Hodnefield Family Foundation Inc has awarded $37,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN KUMIHIMO SOCIETY PURPOSE: GENERAL SUPPORT | $5,000 |
TAHOE FAMILY SOLUTIONS PURPOSE: GENERAL SUPPORT | $32,000 |