Doris L Hastings Charitable Foundation Created Under Restated
- Assets
- $9.5m
- Revenue
- $208.4k
- Investments
- $9.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 30-6597407
Organization Overview
Doris L Hastings Charitable Foundation Created Under Restated is located in Wilmington, DE. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Doris L Hastings Charitable Foundation Created Under Restated 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, Doris L Hastings Charitable Foundation Created Under Restated generated $208.4k 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 (10.4%) each year. All expenses for the organization totaled $943.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Doris L Hastings Charitable Foundation Created Under Restated has awarded 24 individual grants totaling $2,930,000. 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 |
|---|---|---|---|
First State Trust Company Trustee | 0 | $0 | |
Karolyn Riley Neat Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $208,522 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,028 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,857 |
| Total Revenue | $208,351 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,756 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,324 |
| Total operating and administrative expenses | $143,625 |
| Contributions, gifts, grants paid | $800,000 |
| Total expenses and disbursements | $943,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $129,249 |
| 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 | $7,710 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,493,096 |
| 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, Doris L Hastings Charitable Foundation Created Under Restated has awarded $800,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ASU FOUNDATION PURPOSE: TO ADVANCE, THROUGH PHILANTHROPY, THE SUCCESS OF ARIZONA STATE UNIVERSITY AS A NEW AMERICAN UNIVERSITY | $150,000 |
BASCOM PALMER EYE INSTITUTE PURPOSE: DEPT OF OPHTHAMOLOGY OF THE UNIVERSITY OF MIAMI MILLER SCHOOL OF MEDICINE - ENHANCE THE QUALITY OF LIFE BY IMPROVING SIGHT, PREVENTING BLINDNESS, AND ADVANCING OPHTHALMIC KNOWLEDGE THROUGH COMPASSIONATE PATIENT CARE AND INNOVATIVE RESEARCH. | $100,000 |
JOHNS HOPKINS UNIVERSITY MEDICAL SCHOOL PURPOSE: EDUCATE ITS STUDENTS AND CULTIVATE THEIR CAPACITY FOR LIFE-LONG LEARNING, TO FOSTER INDEPENDENT AND ORIGINAL RESEARCH, AND TO BRING THE BENEFITS OF DISCOVERY TO THE WORLD | $100,000 |
MAYO CLINIC PURPOSE: TO INSPIRE HOPE AND CONTRIBUTE TO HEALTH AND WELL - BEING BY PROVIDING THE BEST CARE TO EVERY PATIENT THROUGH INTEGRATED CLINICAL PRACTICE, EDUCATION, AND RESEARCH | $150,000 |
THE PALM BEACH SYMPHONY SOCIETY INC PURPOSE: TO EDUCATE AND TO NURTURE THE LOCAL COMMUNITY IN CLASSICAL SYMPHONIC MUSIC THROUGH THE UTILIZATION OF ITS SYMPHONIC ORCHESTRA | $150,000 |
THE ROYAL POINCIANA CHAPEL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $150,000 |