Wy Hubert Foundation is located in Alpine, UT. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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. WY Hubert 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, WY Hubert Foundation generated $39.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $44.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, WY Hubert Foundation has awarded 78 individual grants totaling $477,640. 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
CHARITY TO A RELIGIOUS ORGANIZATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Hubert Board Member | 0 | $0 | |
Anna Hubert Board Member | 0 | $0 | |
Valerie Bibb Board Member | 0 | $0 | |
Wayne Hubert Board Member | 0 | $0 | |
Yvonne Hubert Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $666 |
| Dividends & Interest | $18,331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,126 |
| Capital Gain Net Income | $1,686 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $74 |
| Total Revenue | $39,197 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $223 |
| Total operating and administrative expenses | $1,423 |
| Contributions, gifts, grants paid | $43,121 |
| Total expenses and disbursements | $44,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,844 |
| 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 | $71,049 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $681,929 |
| 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 |
Over the last fiscal year, Wy Hubert Foundation has awarded $43,121 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LDS PHILANTROPIES PURPOSE: DONATION - MBA PROGRAM SPONSOR | $13,000 |
JANA WESTBROOK PURPOSE: CHARITABLE - COVID RELIEF | $9,600 |
SANDRA OVERVELD PURPOSE: CHARITABLE - SPEECH THERAPY | $4,351 |
JAXON MOODY PURPOSE: CHARITABLE - SCHOOLING | $6,072 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: CHARITABLE - TUITION | $5,098 |
FAMILY HAVEN 501 C NON PROFIT ORG PURPOSE: DONATION | $5,000 |