Hazard Family Foundation
- Assets
- $16.3m
- Revenue
- $580.1k
- Investments
- $6.6m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 04-3338927
Organization Overview
Hazard Family Foundation is located in Boston, MA. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community 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. Hazard 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 12/2022, Hazard Family Foundation generated $580.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.4%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hazard Family Foundation has awarded 297 individual grants totaling $2,651,450. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $357 |
| Dividends & Interest | $146,236 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $184,881 |
| Capital Gain Net Income | $184,881 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $248,635 |
| Total Revenue | $580,109 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17,700 |
| Taxes | $112,052 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $83,164 |
| Total operating and administrative expenses | $285,387 |
| Contributions, gifts, grants paid | $717,500 |
| Total expenses and disbursements | $1,002,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $554,193 |
| 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 | $6,560,611 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,202,917 |
| Total assets | $16,317,724 |
| 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, Hazard Family Foundation has awarded $717,500 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
BETH ISRAEL DEACONESS PURPOSE: UNRESTRICTED | $3,000 |
BOYS & GIRLS CLUB OF BOSTON PURPOSE: UNRESTRICTED | $5,000 |
BEYOND HUNGER PURPOSE: UNRESTRICTED | $5,000 |
BUFFALO OLMSTEAD PARKS CONSERVANCY PURPOSE: UNRESTRICTED | $1,000 |
BUTTON HOLE GOLF PURPOSE: UNRESTRICTED | $5,000 |
CAMP SUNSHINE PURPOSE: UNRESTRICTED | $1,000 |