Hugh & Hazel Darling Foundation
- Assets
- $0.0
- Revenue
- $4.2m
- Investments
- $16.3m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/1989
- Data as of
- 12/2021
- EIN
- 95-6874901
Organization Overview
Hugh & Hazel Darling Foundation is located in Los Angeles, CA. The organization was established in 1989. 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. Hugh & Hazel Darling 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, Hugh & Hazel Darling Foundation generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hugh & Hazel Darling Foundation has awarded 408 individual grants totaling $36,580,250. 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
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $800,057 |
| Profit on Inventory Sales | $0 |
| Other Income | $218,120 |
| Total Revenue | $4,216,083 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,400 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $31,361 |
| Travel, conferences, and meetings | $634 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $323,228 |
| Contributions, gifts, grants paid | $2,720,000 |
| Total expenses and disbursements | $3,043,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,559,856 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $39,777 |
Grants Awarded
Over the last fiscal year, Hugh & Hazel Darling Foundation has awarded $3,475,000 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
AZUSA PACIFIC UNIVERSITY PURPOSE: STUDENT COMMONS FSACILITIES | $250,000 |
BIOLA UNIVERSITY PURPOSE: STUDENT SCHOLORSHIPS | $10,000 |
BLIND CHILDREN'S CENTER PURPOSE: EDUCATION PROGRAM SUPPORT | $10,000 |
AZUSA PACIFIC UNIVERSITY PURPOSE: STUDENT SCHOLARSHIPS | $10,000 |
BOYS AND GIRLS CLUB PURPOSE: EDUCATION PROGRAM SUPPORT | $5,000 |
CHAPMAN UNIVERSITY SCHOOL OF LAW PURPOSE: STUDENT SCHOLORSHIPS | $10,000 |