Hind Foundation
- Assets
- $18.8m
- Revenue
- $5.6m
- Investments
- $18.5m
- Employees
- 0
- Location
- San Luis Obispo, CA
- Founding
- 09/2006
- Data as of
- 06/2021
- EIN
- 20-5150383
Organization Overview
Hind Foundation is located in San Luis Obispo, CA. 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. Hind 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 06/2021, Hind Foundation generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $6.7m during the year ending 06/2021. While expenses have increased by 9.5% per year over the past 6 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, Hind Foundation has awarded 109 individual grants totaling $28,059,342. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DISTRIBUTES GRANTS TO OTHER NONPROFIT ORGANIZATIONS TO PROVIDE ASSISTANCE IN THEIR VARIOUS TAX EXEMPT ACTIVITIES. THIS FOUNDATION DOES NOT
ACTIVELY PARTICIPATE IN THE ACTIVITIES OF THOSE OTHER ORGANIZATIONS. CONTRIBUTIONS ARE LISTED IN PART XV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Hind Director | 8 | $0 | |
Meegan Hind Director | 2 | $0 | |
Kirsten Hind Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $170,005 |
| Dividends & Interest | $430,097 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,972,173 |
| Capital Gain Net Income | $4,972,173 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $51 |
| Total Revenue | $5,572,326 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,110 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,326 |
| Total operating and administrative expenses | $151,550 |
| Contributions, gifts, grants paid | $6,578,900 |
| Total expenses and disbursements | $6,730,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $292,227 |
| 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 | $18,506,614 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,798,841 |
| 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, Hind Foundation has awarded $6,578,900 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Carmel, CA PURPOSE: GENERAL FUNDING | $1,800,000 |
Santa Barbara, CA PURPOSE: GENERAL FUNDING | $1,641,985 |
GUIDE DOGS FOR THE BLIND PURPOSE: GENERAL FUNDING | $1,000,000 |
King City, CA PURPOSE: GENERAL FUNDING | $1,000,000 |
Santa Barbara, CA PURPOSE: GENERAL FUNDING | $500,000 |
VILLA CHARDONNAY HORSES WITH WINGS PURPOSE: GENERAL FUNDING | $233,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The 1440 Foundation Saratoga, CA | $206,653,487 | $19,808,457 |
Merkin Family Foundation Marina Del Rey, CA | $241,752,328 | $31,870,945 |
Hopper-Dean Foundation Menlo Park, CA | $45,438,431 | $29,723,797 |
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Connie And Bob Lurie Foundation Inc Redwood City, CA | $112,597,495 | $25,457,180 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Meadowview Foundation San Rafael, CA | $189,484,174 | $15,305,967 |
Pwb Foundation San Francisco, CA | $347,304,916 | $12,423,770 |
Jeffrey Carlton Charitable Foundation Udt Dated April 10 2009 Villa Park, CA | $0 | $7,778,728 |
Autodesk Foundation San Francisco, CA | $47,337 | $16,300,000 |
Priem Family Foundation Burlingame, CA | $0 | -$4,034,198 |