Hasbrouck Family Association Inc
- Assets
- $5.5m
- Revenue
- $328.8k
- Investments
- $4.8m
- Employees
- 0
- Location
- New Paltz, NY
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 14-1786723
Organization Overview
Hasbrouck Family Association Inc is located in New Paltz, NY. The organization was established in 1996. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Hasbrouck Family Association 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 12/2021, Hasbrouck Family Association Inc generated $328.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $171.1k during the year ending 12/2021. While expenses have increased by 18.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FACILITATE THE PRESERVATION, MAINTENANCE, AND IMPROVEMENT OF THE ABRAHAM HASBROUCK HOUSE, NEW PALTZ, NY IN SUPPORT OF ITS DISPLAY AS A PUBLIC HISTORIC SITE.
TO PROVIDE FINANCIAL SUPPORT FOR THE MAINTENANCE AND DISPLAY OF OTHER HASBROUCK RELATED SITES OPEN TO THE PUBLIC.
TO MAINTAIN DOCUMENTATION OF HASBROUCK FAMILY HISTORY AND GENEALOGY.
TO FOSTER HUGUENOT HERITAGE AND IDEALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert C Hasbrouck Jr First VP | 0 | $0 | |
Thad C Hasbrouck President | 0 | $0 | |
John O Delamater Vice Preside | 0 | $0 | |
Rebecca J Hasbrouck Treasurer | 0 | $0 | |
Robert H Freehill Vice Preside | 0 | $0 | |
Derek Hasbrouck Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $373 |
| Interest on Savings | $91 |
| Dividends & Interest | $117,398 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $202,482 |
| Capital Gain Net Income | $202,482 |
| Net ST Capital Gain | $131,919 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $365 |
| Other Income | $8,140 |
| Total Revenue | $328,849 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8 |
| Taxes | $9,547 |
| Depreciation | $5,978 |
| Occupancy | $8,426 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $281 |
| Other expenses | $99,839 |
| Total operating and administrative expenses | $157,103 |
| Contributions, gifts, grants paid | $14,000 |
| Total expenses and disbursements | $171,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,327 |
| Savings and temporary cash investments | $617,536 |
| 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 | $12,061 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $42,083 |
| Other assets | $325 |
| Total assets | $5,482,148 |
| Accounts payable and accrued expenses | $17 |
| 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 | $4,256 |
| Total liabilities | $4,273 |
Grants Awarded
Over the last fiscal year, Hasbrouck Family Association Inc has awarded $14,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
KATE BELLMAN PURPOSE: SCHOLARSHIP | $3,500 |
MASON FREER PURPOSE: SCHOLARSHIP | $3,500 |
SPENCER FREER PURPOSE: SCHOLARSHIP | $3,500 |
JOSIAH HASBROUCK PURPOSE: SCHOLARSHIP | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |