Hoffman Family Foundation Of Hanover
- Assets
- $0.0
- Revenue
- $52.6k
- Investments
- $586.6k
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 07/2008
- Data as of
- 06/2022
- EIN
- 26-1440056
Organization Overview
Hoffman Family Foundation Of Hanover is located in Lancaster, PA. The organization was established in 2008. 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. Hoffman Family Foundation Of Hanover 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 06/2022, Hoffman Family Foundation Of Hanover generated $52.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.6%) each year. All expenses for the organization totaled $40.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew D Hoffman Director/president | 0.5 | $0 | |
William D Hoffman Director/vice President | 0.5 | $0 | |
Michael D Hoffman Director/secretary/treasur | 0.5 | $0 | |
Barbara A Little Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $16,006 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $10,376 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $40,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $586,600 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hoffman Family Foundation Of Hanover has awarded $30,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
EICHELBERGER PERFORMING ARTS CENTER PURPOSE: GENERAL FUND | $10,000 |
MOUNT OLIVET CEMETARY ASSOCIATION INC PURPOSE: GENERAL MAINTENANCE FUND | $9,000 |
SHINING STARS THERAPEUTIC MINISTRIES PURPOSE: GENERAL FUND | $10,000 |
HOMEWOOD FOUNDATION PURPOSE: GENERAL FUND | $1,000 |