Dr Arthur J & Helen M Horvat Foundation
- Assets
- $5.7m
- Revenue
- $259.8k
- Investments
- $5.5m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 05/1988
- Data as of
- 12/2023
- EIN
- 23-6846849
Organization Overview
Dr Arthur J & Helen M Horvat Foundation is located in Orlando, FL. The organization was established in 1988. 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. Dr Arthur J & Helen M Horvat 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 12/2023, Dr Arthur J & Helen M Horvat Foundation generated $259.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $335.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Dr Arthur J & Helen M Horvat Foundation has awarded 117 individual grants totaling $1,354,738. 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 |
|---|---|---|---|
Truist Bank Trustee | 12 | $49,461 | |
John R Saurman Co-Trustee | 2 | $12,000 | |
Nicholas D Tellie ESQ Co-Trustee | 2 | $12,000 | |
Rose Ann Lavelle Co-Trustee | 2 | $7,000 | |
Donald H Kieffer Schoalrship Committee | 2 | $7,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $130,781 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,235 |
| Capital Gain Net Income | $121,235 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,784 |
| Total Revenue | $259,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $87,461 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,443 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,024 |
| Total operating and administrative expenses | $98,928 |
| Contributions, gifts, grants paid | $236,164 |
| Total expenses and disbursements | $335,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $167,106 |
| 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 | $4,123,830 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,663,849 |
| 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, Dr Arthur J & Helen M Horvat Foundation has awarded $236,164 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ALANA PLATUKUS CO SIDNEY KIMMEL MEDICAL PURPOSE: SCHOLARSHIP | $21,250 |
ALYVIA COOK CO TEMPLE UNIVERSITY PURPOSE: SCHOLARSHIP | $16,250 |
ASHLYN URBANSKI CO UNIV OF SCRANTON PURPOSE: SCHOLARSHIP | $6,779 |
BROOKE NEYMAN CO MISERICORDIA UNIV PURPOSE: SCHOLARSHIP | $16,250 |
CASSANDRA ROSS CO WEST VIRGINIA SCHOOL PURPOSE: SCHOLARSHIP | $16,250 |
CELIA MAGNOTTA CO WEST CHESTER UNIV PURPOSE: SCHOLARSHIP | $6,250 |