The Hurford Foundation
- Assets
- $6.6m
- Revenue
- $315.4k
- Investments
- $6.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1987
- Data as of
- 12/2022
- EIN
- 13-3394688
Organization Overview
The Hurford Foundation is located in New York, NY. The organization was established in 1987. 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. Hurford 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, Hurford Foundation generated $315.4k 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 (11.0%) each year. All expenses for the organization totaled $983.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hurford Foundation has awarded 29 individual grants totaling $1,849,000. 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 |
|---|---|---|---|
Robert C Miller President/treasurer | 20 | $87,500 | |
Jayne M Kurzman Director/vice President | 10 | $12,500 | |
William W Priest Jr Director / Secretary | 5 | $10,000 | |
Jennifer Hurford Director | 5 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,971 |
| Dividends & Interest | $128,795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $136,007 |
| Capital Gain Net Income | $136,007 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,629 |
| Total Revenue | $315,402 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $117,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,673 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,696 |
| Printing and publications | $207 |
| Other expenses | $7,627 |
| Total operating and administrative expenses | $259,376 |
| Contributions, gifts, grants paid | $724,000 |
| Total expenses and disbursements | $983,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $337,304 |
| 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 | $1,969,047 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,609,855 |
| 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 Hurford Foundation has awarded $724,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CARNEGIE ENDOWMENT INT'L PURPOSE: DONATION | $79,000 |
DAG HAMMARSKJOLD FUND PURPOSE: DONATION | $15,000 |
COUNCIL ON FOREIGN RELATIONS PURPOSE: DONATION | $50,000 |
EAST COAST GREENWAY ALLIANCE PURPOSE: DONATION | $15,000 |
FREEDOM HOUSE PURPOSE: DONATION | $50,000 |
FOREIGN POLICY ASSOCIATION PURPOSE: DONATION | $125,000 |