Hammes Family Foundation

Organization Overview

Hammes Family Foundation is located in Pleasanton, CA. The organization was established in 1999. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Hammes 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 06/2020, Hammes Family Foundation generated -$1.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.8% each year . All expenses for the organization totaled $14.5k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDER, DR. BRIAN HAMMES, SUDDENLY PASSED AWAY WITHOUT NAMING A SUCCESSOR TRUSTEE. HIS CO TRUSTEE PREDECEASED HIM SO THERE IS NO ONE TO CARRY ON THE RESEARCH OF THE FOUNDATION. BECAUSE HIS RESEARCH WAS OF A SPECIFIC NATURE, THE FOUNDATION HAS CEASED TO FUNCTION. HIS DAUGHTER HAS TEMPORARILY STORED THE EQUIPMENT THE FOUNDATION USED, BUT FIND IT IN BOXES AND MISSING PARTS. DUE TO THE SPECIFIC AND TECHNICAL NATURE OF THE EQUIPMENT, IT IS ONLY USEFUL TO ONE WHO HAS THE TRAINING ON HOW TO USE IT. IF HIS DAUGHTER IS UNABLE TO FIND SOMEONE THAT SHE CAN GIVE THE EQUIPEMENT TO, SHE WILL DISPOSE OF IT. THE FEW DOLLARS LEFT IN THE CHECKING ACCOUNT ARE FROZEN AS THERE ARE NO LIVING SIGNATORIES. THIS WILL BE THE FINAL RETURN SINCE ALL ASSETS ARE VIRTUALLY DISPOSED OF. AS THE PREPARER, I HAVE EXCELLERATED THE DEPRECIATION TO ZERO OUT THE BOOKS AND REFLECT THAT THE EQUIPMENT IS ESSENTIALLY WORTHLESS NOW.


THE FOUNDER, DR. BRIAN HAMMES, SUDDENLY PASSED AWAY WITHOUT NAMING A SUCCESSOR TRUSTEE. HIS CO TRUSTEE PREDECEASED HIM SO THERE IS NO ONE TO CARRY ON THE RESEARCH OF THE FOUNDATION. BECAUSE HIS RESEARCH WAS OF A SPECIFIC NATURE, THE FOUNDATION HAS CEASED TO FUNCTION. HIS DAUGHTER HAS TEMPORARILY STORED THE EQUIPMENT THE FOUNDATION USED, BUT FIND IT IN BOXES AND MISSING PARTS. DUE TO THE SPECIFIC AND TECHNICAL NATURE OF THE EQUIPMENT, IT IS ONLY USEFUL TO ONE WHO HAS THE TRAINING ON HOW TO USE IT. IF HIS DAUGHTER IS UNABLE TO FIND SOMEONE THAT SHE CAN GIVE THE EQUIPEMENT TO, SHE WILL DISPOSE OF IT. THE FEW DOLLARS LEFT IN THE CHECKING ACCOUNT ARE FROZEN AS THERE ARE NO LIVING SIGNATORIES. THIS WILL BE THE FINAL RETURN SINCE ALL ASSETS ARE VIRTUALLY DISPOSED OF. AS THE PREPARER, I HAVE EXCELLERATED THE DEPRECIATION TO ZERO OUT THE BOOKS AND REFLECT THAT THE EQUIPMENT IS ESSENTIALLY WORTHLESS NOW.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $4
Dividends & Interest $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue -$1,387

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