William G & Helen Hoffman Foundation
- Assets
- $4.1m
- Revenue
- $572.0k
- Investments
- $3.7m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 23-7981677
Organization Overview
William G & Helen Hoffman Foundation is located in Las Vegas, NV. The organization was established in 2000. 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. William G & Helen Hoffman 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, William G & Helen Hoffman Foundation generated $572.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $354.3k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 8 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, William G & Helen Hoffman Foundation has awarded 93 individual grants totaling $1,950,885. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $138,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $433,360 |
| Capital Gain Net Income | $433,360 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $571,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,753 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $154 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $69,260 |
| Contributions, gifts, grants paid | $285,000 |
| Total expenses and disbursements | $354,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $417,308 |
| 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 | $839,163 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,139,685 |
| 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, William G & Helen Hoffman Foundation has awarded $285,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HELEN KELLER SERVICES PURPOSE: GENERAL OPERATING | $30,000 |
VISIONS SERVICES FOR THE BLIND AND VISUA PURPOSE: GENERAL OPERATING | $35,000 |
THE METROPOLITAN MUSEUM OF ART PURPOSE: GENERAL OPERATING | $55,000 |
OPTOMETRIC CENTER OF NEW YORK PURPOSE: GENERAL OPERATING | $17,500 |
GUIDING EYES FOR THE BLIND INC PURPOSE: GENERAL OPERATING | $35,000 |
VIA VISUALLY IMPAIRED ADVANCEMENT PURPOSE: GENERAL OPERATING | $15,000 |