Homestead Foundation Inc

Organization Overview

Homestead Foundation Inc is located in Hobe Sound, FL. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Homestead 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 12/2021, Homestead Foundation Inc generated $93.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $162.0k during the year ending 12/2021. While expenses have increased by 3.6% 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.

Since 2015, Homestead Foundation Inc has awarded 91 individual grants totaling $1,015,557. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Jazz Johnson
President
$0
Christopher A Merton
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $93,331
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $93,331

Grants Awarded

Over the last fiscal year, Homestead Foundation Inc has awarded $161,944 in support to 7 organizations.

Grant RecipientAmount

FAR HILLS COUNTRY DAY SCHOOL

Org PageRecipient Profile

Far Hills, NJ

PURPOSE: GENERAL

$111,944

THE HOTCHKISS SCHOOL

Org PageRecipient Profile

Lakeville, CT

PURPOSE: GENERAL

$30,000

Blairstown, NJ

PURPOSE: GENERAL

$5,000

ESSEX HORSE TRIALS

PURPOSE: GENERAL

$5,000

COUNTRYSIDE ALLIANCE OF SOMERSET HILLS

Org PageRecipient Profile

Gladstone, NJ

PURPOSE: GENERAL

$4,000

Oldwick, NJ

PURPOSE: GENERAL

$3,500
View Grant Profile

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