Norman N & Gale R Hochgraf Charitable Foundation
- Assets
- $1.6m
- Revenue
- $20.2k
- Investments
- $1.3m
- Employees
- 0
- Location
- Bristol, ME
- Founding
- Data as of
- 12/2022
- EIN
- 26-6053240
Organization Overview
Norman N & Gale R Hochgraf Charitable Foundation is located in Bristol, ME. 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. Norman N & Gale R Hochgraf Charitable 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, Norman N & Gale R Hochgraf Charitable Foundation generated $20.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $105.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Norman N & Gale R Hochgraf Charitable Foundation has awarded 96 individual grants totaling $271,000. 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 |
|---|---|---|---|
Norman N Hochgraf President | 2 | $0 | |
Lee R Hochgraf Sec/treas | 1.75 | $289 | |
Scott R Hochgraf Trustee | 0.1 | $0 | |
Eric S Hov Trustee | 0.1 | $0 | |
Robert B Gregory Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,218 |
| Interest on Savings | $83 |
| Dividends & Interest | $16,904 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $289 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,412 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $105,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $279,364 |
| 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 | $1,590,335 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,055 |
| 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 | $4,055 |
Grants Awarded
Over the last fiscal year, Norman N & Gale R Hochgraf Charitable Foundation has awarded $90,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AVIAN HAVEN PURPOSE: ANIMAL WELFARE | $3,000 |
BEAR PAW REGIONAL GREENWAY PURPOSE: CONSERVATION | $3,000 |
BEST FRIENDS ANIMAL SOC PURPOSE: ANIMAL WELFARE | $4,000 |
CAPITAL CENTER FOR THE ARTS PURPOSE: MUSIC EDUCATION | $1,000 |
CATCH NEIGHBORHOOD HOUSING PURPOSE: HOUSING ASSISTANCE | $2,000 |
COASTAL RIVERS CONSERVATION TRUST PURPOSE: CONSERVATION | $4,000 |