Habdank Foundation is located in Louisville, KY. The organization was established in 2008. 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. Habdank 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, Habdank Foundation generated $31.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $83.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Habdank Foundation has awarded 126 individual grants totaling $529,843. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT ATTACHED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Skarbek Vice Presidenttreasurer | 11.5 | $0 | |
Edward Skarbek Presidentsecretary | 6.9 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $511 |
Dividends & Interest | $34,243 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$3,467 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $31,287 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $50 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,278 |
Total operating and administrative expenses | $4,978 |
Contributions, gifts, grants paid | $78,083 |
Total expenses and disbursements | $83,061 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $430,473 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,588,285 |
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 | $8,500 |
Total liabilities | $8,500 |
Over the last fiscal year, Habdank Foundation has awarded $68,937 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
AF SCHOOL OF ST JUDE PURPOSE: BEYOND ST JUDE PROGRAM | $22,777 |
DARE TO CARE PURPOSE: GENERAL SUPPORT | $5,000 |
MARIANAPOLIS PREP PURPOSE: GENERAL | $1,000 |
WATER STEP PURPOSE: GENERAL | $1,500 |
LOUISVILLE ORCHESTRA PURPOSE: GENERAL SUPPORT | $3,500 |
WESLEY THEOLOGICAL SEMINARY PURPOSE: GENERAL SUPPORT | $15,000 |