Paul B Hunter & Constance D Hunter Charitable Foundation Inc is located in Ormond Beach, FL. The organization was established in 2007. 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. Paul B Hunter & Constance D Hunter Charitable 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 12/2022, Paul B Hunter & Constance D Hunter Charitable Foundation Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.8% each year . All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 6.8% 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 2014, Paul B Hunter & Constance D Hunter Charitable Foundation Inc has awarded 446 individual grants totaling $13,803,295. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PONCE INLET LIGHTHOUSE: RESTORATION OF HISTORIC BUILDINGS, OUTSIDE SPACE,AND PUBLIC ACCESS.
FUTURES, STATE OF FLORIDA EDUCATION SUPPORT.
UNIVERSITY OF CENTRAL FLORIDA: PBS TELEVISION; MEDICAL DEVICES; PTSD SUPPORT; AND SCHOLARSHIPS.
CHILES ACADEMY: FAMILY SUPPORT, CHILD WELFARE, BUILDING, EDUCATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Pam Clifton Secretary | 20 | $114,176 | |
Kathryn F Becks President | 20 | $114,176 | |
Sonia M Wadsworth Treasurer | 20 | $114,176 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pnc Financial Services Group | 12/30/22 | $19,159 |
Montag And Caldwell | 12/30/22 | $274,687 |
Montag And Caldwell | 12/30/22 | $0 |
Pnc Financial Services Group | 12/30/22 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $217,728 |
| Dividends & Interest | $261,439 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,659,007 |
| Capital Gain Net Income | $2,659,007 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,491 |
| Total Revenue | $3,139,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $342,528 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $85,632 |
| Interest | $0 |
| Taxes | $69,264 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,527 |
| Printing and publications | $0 |
| Other expenses | $3,562 |
| Total operating and administrative expenses | $817,274 |
| Contributions, gifts, grants paid | $1,877,350 |
| Total expenses and disbursements | $2,694,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $938,447 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $36,868,496 |
| 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 | $4,832 |
| Total liabilities | $4,832 |
Over the last fiscal year, Paul B Hunter & Constance D Hunter Charitable Foundation Inc has awarded $1,877,350 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY RENEW COMMUNITYINC PURPOSE: FAMILY SUPPORT HOUSING | $50,000 |
EMBRY RIDDLE AERO UNIVERSITY PURPOSE: EDUCATIONAL COLLEGE SCHOLARSHIPS | $3,000 |
CONKLIN CTR FOR THE BLIND PURPOSE: VOCATIONAL AND PERSONAL EDUCATION OF THE BLIND | $25,000 |
SALVATION ARMY FL DIV PURPOSE: COMMUNITY SUPPORT, HOUSING AND JOB PLACEMENT. | $50,000 |
RONALD REAGAN PRESIDENTIAL FOUNDATI PURPOSE: YOUTH EDUCATION | $10,000 |
ART LEAGUE OF DAYTONA BEACH PURPOSE: ARTS EDUCATION | $3,000 |