Hallowell Foundation
- Assets
- $6.6m
- Revenue
- $211.1k
- Investments
- $6.4m
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 09/1958
- Data as of
- 12/2022
- EIN
- 23-6234545
Organization Overview
Hallowell Foundation is located in Gainesville, FL. The organization was established in 1958. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hallowell 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, Hallowell Foundation generated $211.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $600.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hallowell Foundation has awarded 41 individual grants totaling $1,342,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne H Miller Trustee | 5 | $0 | |
Elaine Reed Trustee | 5 | $0 | |
Linda A Miller Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $180,927 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,495 |
| Capital Gain Net Income | $29,495 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $672 |
| Total Revenue | $211,094 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $790 |
| Total operating and administrative expenses | $87,650 |
| Contributions, gifts, grants paid | $513,000 |
| Total expenses and disbursements | $600,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,996 |
| Savings and temporary cash investments | $211,595 |
| 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 | $6,360,306 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,573,897 |
| 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, Hallowell Foundation has awarded $513,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
MARYLAND FOOD BANK PURPOSE: GENERAL OPERATING | $35,000 |
NORTH VALLEY FOOD BANK PURPOSE: GENERAL OPERATING | $25,000 |
FLATHEAD VALLEY COMMUNITY COLLEGE FDN PURPOSE: GENERAL OPERATING | $20,000 |
LOGAN HEALTHCARE FOUNDATION PURPOSE: GENERAL OPERATING | $30,000 |
CHRIST COMM CHURCH OF GAINESVILLE PURPOSE: GENERAL OPERATING | $45,000 |
FLATHEAD YOUTH HOME PURPOSE: GENERAL OPERATING | $31,000 |