Hamilton Family Foundation Inc
- Assets
- $175.0k
- Revenue
- $85.8k
- Investments
- $129.9k
- Employees
- 0
- Location
- Hagerstown, MD
- Founding
- 03/2005
- Data as of
- 12/2023
- EIN
- 02-0727787
Organization Overview
Hamilton Family Foundation Inc is located in Hagerstown, MD. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hamilton 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, Hamilton Family Foundation Inc generated $85.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $116.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hamilton Family Foundation Inc has awarded 174 individual grants totaling $1,093,056. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Hamilton II Pres./treas. | 0 | $0 | |
Derek H Hamilton Vice Pres./s | 0 | $0 | |
Patty Clark Director | 0 | $0 | |
Melissa Fountain Director | 0 | $0 | |
Charles Hamilton Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $648 |
| Dividends & Interest | $4,901 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,254 |
| Capital Gain Net Income | $80,254 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $5,967 |
| Total operating and administrative expenses | $8,072 |
| Contributions, gifts, grants paid | $108,300 |
| Total expenses and disbursements | $116,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $45,035 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $174,982 |
| 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, Hamilton Family Foundation Inc has awarded $108,300 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ANTIETAM HISTORICAL ASSOCIATION PURPOSE: GENERAL FUND | $500 |
AUGUSTOBERFEST CHARITABLE PURPOSE: GENERAL FUND | $1,500 |
BARBARA INGRAM SCHOOL FOR THE ARTS PURPOSE: GENERAL FUND | $5,000 |
BIG BROTHERS BIG SISTERS OF WASH CO PURPOSE: GENERAL FUND | $1,000 |
CHILDREN IN NEED WASHINGTON COUNTY PURPOSE: GENERAL FUND | $2,000 |
COMMUNITY FOUNDATION OF WASHINGTON PURPOSE: GENERAL FUND | $2,500 |