The@ray And Karyn Hendrickson Foundation
- Assets
- $16.7m
- Revenue
- -$984.1k
- Investments
- $11.2m
- Employees
- 0
- Location
- Quincy, MA
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 04-3396710
Organization Overview
The@ray And Karyn Hendrickson Foundation is located in Quincy, MA. The organization was established in 1998. 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. The@ray And Karyn Hendrickson 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 2021, The@ray And Karyn Hendrickson Foundation has awarded 13 individual grants totaling $2,489,070. 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 |
|---|---|---|---|
Ray E Hendrickson Trustee | 1 | $0 | |
Karyn L Hendrickson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,060 |
| Dividends & Interest | $67,541 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,060,695 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$984,094 |
| 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 | $68,514 |
| Total operating and administrative expenses | $71,180 |
| Contributions, gifts, grants paid | $1,365,270 |
| Total expenses and disbursements | $1,436,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,509,632 |
| 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 | $5,269,396 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,720,720 |
| 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, The@ray And Karyn Hendrickson Foundation has awarded $1,365,270 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GOOD HOPE PURPOSE: GENERAL SUPPORT | $500 |
LYNNFIELD CALVARY CHRISTIAN CHURCH PURPOSE: CHURCH'S RELIGIOUS, EDUCATIONAL, CHARITABLE ACTIVITY | $940,800 |
PASTORS DISCIPLESHIP NETWORK PURPOSE: GENERAL SUPPORT | $115,000 |
NEW EUROPE VISION INC PURPOSE: GENERAL SUPPORT | $5,000 |
FIRST CONGREGATIONAL CHURCH OF HAMILTON PURPOSE: GENERAL SUPPORT | $100,000 |
DANA-FARBER CANCER INSTITUTE PURPOSE: GENERAL SUPPORT | $1,000 |