H And B Family Foundation
- Assets
- $4.0m
- Revenue
- $263.7k
- Investments
- $3.9m
- Employees
- 0
- Location
- Lima, OH
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 20-3508196
Organization Overview
H And B Family Foundation is located in Lima, OH. The organization was established in 2006. 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. H And B Family 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, H And B Family Foundation generated $263.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $401.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, H And B Family Foundation has awarded 68 individual grants totaling $1,848,988. 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
TO IMPROVE THE COMMUNITY SURROUNDING THE LIMA, OHIO AREA THROUGH ITS SUPPORT OF LOCAL NON-PROFIT AGENCIES, WITH A PARTICULAR EMPHASIS ON CHURCHES AND CHARITIES AFFILIATED WITH THE ROMAN CATHOLIC RELIGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel F Clifford Treasurer | 0 | $0 | |
David C Krock Secretary | 0 | $0 | |
Evans T Pseekos Pres/asst Treas | 5 | $9,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $109,933 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $153,789 |
| Capital Gain Net Income | $153,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $263,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $425 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,025 |
| Total operating and administrative expenses | $60,313 |
| Contributions, gifts, grants paid | $341,095 |
| Total expenses and disbursements | $401,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $152,807 |
| 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 | $32,709 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,039,552 |
| 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, H And B Family Foundation has awarded $341,095 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
LIMA SYMPHONY ORCHESTRA PURPOSE: ANNUAL FAMILY CONCERT UNDERWRITING & ANNUAL FUND CONTRIBUTION | $20,000 |
LIMA CENTRAL CATHOLIC PURPOSE: MAINTENANCE AND RENOVATION OF FACILITIES | $10,000 |
OUR DAILY BREAD SOUP KITCHEN PURPOSE: TO MEET THE OPERATIONAL NEEDS OF THE FACILITY | $35,000 |
MARMON VALLEY MINISTRIES PURPOSE: TO PROVIDE SCHOLARSHIPS FOR THE INSIGHT SUMMER HORSE CAMP | $30,000 |
LIMA FAMILY YMCA PURPOSE: FUNDING FOR ORGANIZATION | $10,000 |
ST RITA'S MEDICAL CENTER PURPOSE: HEART CENTER | $100,000 |