Marie R Hoerner Foundation
- Assets
- $3.6m
- Revenue
- $698.3k
- Investments
- $3.4m
- Employees
- 0
- Location
- Bell, FL
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 26-0217942
Organization Overview
Marie R Hoerner Foundation is located in Bell, FL. The organization was established in 2007. 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. Marie R Hoerner 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, Marie R Hoerner Foundation generated $698.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 56.5% each year . All expenses for the organization totaled $408.3k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 5 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 2019, Marie R Hoerner Foundation has awarded 15 individual grants totaling $1,321,800. 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 |
|---|---|---|---|
William Dishong President | 10 | $50,000 | |
Claudia Dishong Secretary/treas | 2 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $130,969 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $567,324 |
| Capital Gain Net Income | $567,324 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $698,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,771 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44,465 |
| Total operating and administrative expenses | $132,341 |
| Contributions, gifts, grants paid | $276,000 |
| Total expenses and disbursements | $408,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $179,815 |
| 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 | $3,005,070 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,582,393 |
| Accounts payable and accrued expenses | $7,036 |
| 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 | $7,036 |
Grants Awarded
Over the last fiscal year, Marie R Hoerner Foundation has awarded $276,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RUSSELL C DAVIS PLANETARIUM PURPOSE: TO BE USED AT THE DISCRETION OF THE ORGANIZATION | $92,000 |
MS ANIMAL RESCUE LEAGUE PURPOSE: TO BE USED AT THE DISCRETION OF THE ORGANIZATION | $92,000 |
ST PHILLIP'S EPISCOPAL CHURCH PURPOSE: TO BE USED AT THE DISCRETION OF THE ORGANIZATION | $92,000 |