Hmc Designing Futures Foundation
- Assets
- $1.8m
- Revenue
- $35.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Ontario, CA
- Founding
- 08/2009
- Data as of
- 12/2022
- 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 12/2022, Hmc Designing Futures Foundation generated $35.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $205.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hmc Designing Futures Foundation has awarded 201 individual grants totaling $915,671. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Staton President | 0.6 | $0 | |
Shweta Joshi Board Member | 0.6 | $0 | |
Eera Babtiwale Board Member | 0.6 | $0 | |
Steven Wilson Board Member | 0.6 | $0 | |
Israel Pena Secretary | 0.6 | $0 | |
Eric Carbonnier Board Member | 0.6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $83,216 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$42,421 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$4,941 |
| Total Revenue | $35,854 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,133 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,093 |
| Total operating and administrative expenses | $23,855 |
| Contributions, gifts, grants paid | $181,623 |
| Total expenses and disbursements | $205,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,606 |
| 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 | $201,015 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,802,242 |
| 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 $181,623 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
LEAP ARTS IN EDUCATION PURPOSE: GRANT TO SUPPORT ELEMENTARY SCHOOL ARCHITECTURE RESIDENCY PROGRAM | $5,000 |
MT SAC FOUNDATION PURPOSE: MIKA KLEIN FUND FOR STUDENT ARCHITECTURE SCHOLARSHIPS | $2,500 |
LOS ANGELES COUNTY ARTS AND CULTURE PURPOSE: GRANT TO SUPPORT THE DEVELOPMENT OF THE GLADEO CREATIVE CAREERS ONLINE PORTAL | $5,000 |
ACE INLAND EMPIRE PURPOSE: DAN BENNER MEMORIAL FUND TO SUPPORT STUDENT SCHOLARSHIPS | $5,000 |
DOCTORS WITHOUT BORDERS USA PURPOSE: GRANT TO PROVIDE HUMANITARIAN RELIEF. | $5,100 |
WORLD CENTRAL KITCHEN PURPOSE: UKRAINE RELIEF EFFORTS | $5,405 |