American Home Furnishings Hall Of Fame Foundation Inc

Organization Overview

American Home Furnishings Hall Of Fame Foundation Inc is located in High Point, NC. The organization was established in 2000. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2021, American Home Furnishings Hall Of Fame Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Home Furnishings Hall Of Fame 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 12/2021, American Home Furnishings Hall Of Fame Foundation Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOUNDED IN 1988, THE AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION, INC., IS AN INDUSTRY-WIDE ORGANIZATION FOUNDED TO PRESERVE THE HOME FURNISHINGS HISTORY, CELEBRATE EXCEPTIONAL INDIVIDUALS WHO HAVE MADE EXTRAORDINARY CONTRIBUTIONS TO THE U.S. HOME FURNISHINGS INDUSTRY, AND TO INSPIRE A NEW CLASS OF INNOVATION AND LEADERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO HONOR THOSE INDIVIDUALS WHOSE OUTSTANDING ACHIEVEMENTS HAVE CONTRIBUTED TO THE CONTINUED GROWTH AND DEVELOPMENT OF THE INDUSTRY AND TO RESEARCH, COLLECT AND PRESERVE ITS CULTURAL, ECONOMIC AND ARTISTIC HISTORY.


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Board, Officers & Key Employees

Name (title)Compensation
Karen M Pond
CEO
$107,030
David Gebhart
Secretary/treasurer
$0
Martin Ploy
Chairman
$0
Scott Eckman
First Vice President
$0
Caroline Hipple
President
$0
Tyson Hagale
Second Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$134,050
Fundraising events$0
Related organizations$0
Government grants $68,421
All other contributions, gifts, grants, and similar amounts not included above$2,699,293
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,901,764
Total Program Service Revenue$327,314
Investment income $1,349
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,252,692

Grants Recieved

Over the last fiscal year, we have identified 6 grants that American Home Furnishings Hall Of Fame Foundation Inc has recieved totaling $210,312.

Awarding OrganizationAmount
Broyhill Family Foundation Inc

Lenoir, NC

PURPOSE: ARTS & MUSEUM

$130,000
Jewish Community Foundation Of

Dewitt, NY

PURPOSE: GENERAL SUPPORT

$51,000
Cobb Community Foundation Inc

Atlanta, GA

PURPOSE: COMMUNITY IMPROVEMENT

$18,750
Raymond James Charitable Endowment Fund

St Petersberg, FL

PURPOSE: GENERAL SUPPORT

$10,000
Bolick Foundation

Conover, NC

PURPOSE: GENERAL OPERATING FUND

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$62
View Grant Recipient Profile

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