Strong Foundation
- Assets
- $24.4m
- Revenue
- $3.2m
- Investments
- $23.5m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 11/1933
- Data as of
- 08/2021
- EIN
- 99-0090807
Organization Overview
Strong Foundation is located in Honolulu, HI. The organization was established in 1933. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Strong 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 08/2021, Strong Foundation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $1.6m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Strong Foundation has awarded 95 individual grants totaling $7,061,761. 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 |
|---|---|---|---|
Anne Strong Carter President, Trustee | 1 | $0 | |
Charles M Holland Jr Vice President, Trustee | 1 | $0 | |
Edward C Baldwin Treasurer, Trustee | 1 | $0 | |
Henry F Rice Trustee | 1 | $0 | |
Kristina Lyons-Lambert Secretary, Trustee | 1 | $0 | |
Paul L Wysard Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $557,818 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,592,496 |
| Capital Gain Net Income | $2,592,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,150,314 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,652 |
| Total operating and administrative expenses | $293,612 |
| Contributions, gifts, grants paid | $1,265,381 |
| Total expenses and disbursements | $1,558,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $846,202 |
| Savings and temporary cash investments | $0 |
| 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 | $12,135,628 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,383,460 |
| 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, Strong Foundation has awarded $1,265,381 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Wailuku, HI PURPOSE: MAUI HEALTH REGIONAL CHEST PAIN CENTER | $200,000 |
Kaunakakai, HI PURPOSE: MOLOKAI LAND TRUST EQUIPMENT AND NURSERY EXPANSION FOR CAPACITY BUILDING POST COVID-19 | $100,000 |
Wailuku, HI PURPOSE: MAIN STREET ARTS PROJECT | $100,000 |
Honolulu, HI PURPOSE: ADVANCING SCIENCE EDUCATION IN HAWAI'I: CONSTRUCTION OF STEM TEACHING/RESEARCH LABORATORY FACILITIES | $100,000 |
MALAMA NA MAKUA A KEIKI PURPOSE: FAMILY SOBER LIVING HOME SAFETY AND PROGRAM SPACE IMPROVEMENTS | $100,000 |
Honolulu, HI PURPOSE: REBUILDING LIVES THROUGH ADVANCED TECHNOLOGY | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |
Borina Foundation Burlingame, CA | $0 | $77,406 |
Wurwand Foundation Encino, CA | $60,540,784 | $10,003,988 |
Robert E Black Memorial Trust Honolulu, HI | $47,344,288 | $5,116,085 |
Alexander M And June L Maisin Foundation San Francisco, CA | $67,692,804 | $3,436,025 |