Douglas A Hirsch And Holly S Anderson Family Foundation Inc
- Assets
- $1.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 30-0218948
Organization Overview
Douglas A Hirsch And Holly S Anderson Family Foundation Inc is located in West Palm Beach, FL. The organization was established in 2004. 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. Douglas A Hirsch And Holly S Anderson Family Foundation Inc 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 12/2023, Douglas A Hirsch And Holly S Anderson Family Foundation Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 10.9% per year over the past 5 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 2019, Douglas A Hirsch And Holly S Anderson Family Foundation Inc has awarded 134 individual grants totaling $3,163,102. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS NOT INVOLVED IN ANY DIRECTCHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3)
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 |
|---|---|---|---|
Douglas A Hirsch President | 10 | $0 | |
Holly S Andersen Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,262,714 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,483 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24 |
| Capital Gain Net Income | $24 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,302,221 |
| 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 | $250 |
| Total operating and administrative expenses | $250 |
| Contributions, gifts, grants paid | $1,033,000 |
| Total expenses and disbursements | $1,033,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,491,495 |
| 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 | $1,491,495 |
| 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, Douglas A Hirsch And Holly S Anderson Family Foundation Inc has awarded $1,033,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
HARLEM CHILDREN'S ZONE INC PURPOSE: GENERAL PURPOSE | $10,000 |
HSS FOUNDATION PURPOSE: GENERAL PURPOSE | $5,000 |
IRA SOHN CONFERENCE FOUNDATION INC PURPOSE: GENERAL PURPOSE | $10,000 |
LUCIA'S ANGEL PURPOSE: GENERAL PURPOSE | $1,000 |
MICHAEL J FOX FOUNDATION PURPOSE: GENERAL PURPOSE | $25,000 |
PRINCETON UNIVERSITY PURPOSE: GENERAL PURPOSE | $1,000 |