Hmc Designing Futures Foundation
- Assets
- $1.7m
- Revenue
- $281.1k
- Investments
- $1.7m
- Employees
- 0
- Location
- Ontario, CA
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-3935702
Organization Overview
Hmc Designing Futures Foundation is located in Ontario, CA. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hmc Designing Futures 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 12/2021, Hmc Designing Futures Foundation generated $281.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $227.2k during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 6 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 2016, Hmc Designing Futures Foundation has awarded 155 individual grants totaling $734,048. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shweta Joshi Board Member | 0.6 | $0 | |
Eera Babtiwale Board Member | 0.6 | $0 | |
Israel Pena Secretary | 0.6 | $0 | |
Eric Carbonnier Board Member | 0.6 | $0 | |
Steven Wilson Board Member | 0.6 | $0 | |
Adrienne Luce Executive Director | 0.6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $184,484 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,606 |
| Capital Gain Net Income | $96,606 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $281,090 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $80 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,178 |
| Total operating and administrative expenses | $20,288 |
| Contributions, gifts, grants paid | $206,945 |
| Total expenses and disbursements | $227,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,528 |
| 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 | $1,663,530 |
| 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, Hmc Designing Futures Foundation has awarded $206,945 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: COVID 19 PANDEMIC RELIEF | $10,000 |
ACE MENTORING PROGRAM PURPOSE: 2021 GRANT | $10,000 |
Riverside, CA PURPOSE: COVID 19 PANDEMIC RELIEF | $10,000 |
Burbank, CA PURPOSE: 2021 GRANT AWARD | $10,000 |
SCHOOLS FOR CHILDREN OF THE WORLD PURPOSE: 2021 GRANT AWARD | $10,000 |
JOURNEYMAN INTERNATIONAL PURPOSE: 2021 GRANT AWARD | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |