Hobart W And C Faulkner Foundation
- Assets
- $2.6m
- Revenue
- -$50.3k
- Investments
- $2.6m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 11/1993
- Data as of
- 12/2023
- EIN
- 95-4446743
Organization Overview
Hobart W And C Faulkner Foundation is located in Milwaukee, WI. The organization was established in 1993. 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. Hobart W And C Faulkner Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Hobart W And C Faulkner Foundation has awarded 64 individual grants totaling $1,372,571. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $117,301 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$167,560 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$50,257 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,113 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,953 |
| Total operating and administrative expenses | $55,666 |
| Contributions, gifts, grants paid | $185,700 |
| Total expenses and disbursements | $241,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,195 |
| 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 | $1,195,422 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,512 |
| Total assets | $2,608,219 |
| 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, Hobart W And C Faulkner Foundation has awarded $185,700 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: MEDICAL | $74,280 |
AMERICAN HEART ASSN PURPOSE: MEDICAL | $46,425 |
ARTHRITIS FOUNDATION PURPOSE: MEDICAL | $9,285 |
AZUSA PACIFIC UNIVERSITY PURPOSE: EDUCATION | $9,285 |
CITY OF HOPE PURPOSE: MEDICAL | $24,141 |
PEPPERDINE UNIVERSITY PURPOSE: EDUCATION | $9,285 |