Lisa Higgins-Hussman Foundation Inc
- Assets
- $2.3m
- Revenue
- $121.2k
- Investments
- $2.2m
- Employees
- 0
- Location
- Ellicott City, MD
- Founding
- 03/2006
- Data as of
- 06/2023
- EIN
- 20-3409415
Organization Overview
Lisa Higgins-Hussman Foundation Inc is located in Ellicott City, MD. The organization was established in 2006. 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. Lisa Higgins-Hussman 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 06/2023, Lisa Higgins-Hussman Foundation Inc generated $121.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $286.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lisa Higgins-Hussman Foundation Inc has awarded 54 individual grants totaling $953,250. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Marie Higgins Director | 5 | $0 | |
Stacy Loiacono Director | 1 | $0 | |
Joseph Loiacono Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $695 |
| Dividends & Interest | $121,435 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$965 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $121,165 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,932 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,724 |
| Total operating and administrative expenses | $9,656 |
| Contributions, gifts, grants paid | $277,000 |
| Total expenses and disbursements | $286,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $75,597 |
| 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 | $2,162,336 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4 |
| Total assets | $2,290,850 |
| 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, Lisa Higgins-Hussman Foundation Inc has awarded $277,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ANGELS PLACE PURPOSE: SUPPORTS PROGRAMS FOR ADULTS WITH DEVELOPMENTAL DISABILITIES. | $50,000 |
AUTISM SPEAKS INC PURPOSE: SUPPORTS PROGRAMS FOR INDIVIDUALS WTIH AUTISM. | $40,000 |
CENTER FOR MUSIC BY PEOPLE W DISABI PURPOSE: SUPPORTS PROGRAMS THAT MAKE MUSIC-RELATED ACTIVITIES - MUSIC LEARNING, MUSIC MAKING, COMPOSING, PERFORMING AND RECORDING - ACCESSIBLE TO CHILDREN, TEENAGERS AND ADULTS WITH DISABILITIES IN THE COUNTY OF MISSOULA, MT. | $20,000 |
HARBOR LIGHTS PREGNANCY AND INFO CT PURPOSE: SUPPORT PROGRAMS AND SERVICES FOR WOMEN WHO EXPERIENCE UNPLANNED AND PLANNED PREGNANCIES. | $10,000 |
HOWARD COUNTY AUTISM SOCIETY PURPOSE: SUPPORTS PROGRAMS THAT PROVIDE SERVICES TO INDIVIDUALS WITH AUTISM AND THEIR FAMILIES. | $2,500 |
ORGANIZATION FOR AUTISM RESEARCH PURPOSE: SUPPORTS PROGRAMS AND SERVICES DEDICATED TO PROMOTING RESEARCH THAT HELPS INDIVIDUALS WITH AUTISM AND THEIR FAMILIES FIND MUCH-NEEDED ANSWERS TO THEIR IMMEDIATE AND URGENT QUESTIONS. | $105,000 |