David W Henderman Foundation Inc is located in Louisville, KY. The organization was established in 1971. 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. David W Henderman 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 03/2024, David W Henderman Foundation Inc generated $144.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $140.0k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, David W Henderman Foundation Inc has awarded 295 individual grants totaling $1,154,805. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W Henderman President | 0.5 | $0 | |
Mary Beth Henderman Vice Preside | 0 | $0 | |
Kyle Lee Henderman Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $11,854 |
| Dividends & Interest | $69,286 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,992 |
| Capital Gain Net Income | $12,992 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $144,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $2,730 |
| Contributions, gifts, grants paid | $137,313 |
| Total expenses and disbursements | $140,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,745 |
| Savings and temporary cash investments | $383,811 |
| Net Accounts receivable | $1,020 |
| 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 | $0 |
| Net Land, buildings, and equipment | $151,000 |
| Other assets | $0 |
| Total assets | $1,884,892 |
| 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 |
Over the last fiscal year, David W Henderman Foundation Inc has awarded $137,313 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE DEFENDING FREEDOM PURPOSE: GENERAL FUND | $8,500 |
AMERICAN RED CROSS- LOUISVILLE AREA PURPOSE: GENERAL FUND | $2,000 |
BILLY GRAHAM EVANGELISTIC ASSOC PURPOSE: GENERAL FUND | $1,000 |
BOB RUSSELL MINISTRIES PURPOSE: GENERAL FUND AND LOCAL BENEVOLENCE | $5,000 |
BSIDEU FOR LIFE FKA AWC PURPOSE: GENERAL FUND | $2,000 |
CENTRAL KY JEWISH FEDERATION PURPOSE: GENERAL FUND | $5,500 |