Hutton Foundation A Delaware Corp
- Assets
- $92.8m
- Revenue
- $5.6m
- Investments
- $57.2m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 33-0779894
Organization Overview
Hutton Foundation A Delaware Corp is located in Santa Barbara, CA. The organization was established in 1998. 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. Hutton Foundation A Delaware Corp 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, Hutton Foundation A Delaware Corp generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $7.0m during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 8 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 2015, Hutton Foundation A Delaware Corp has awarded 1,056 individual grants totaling $24,968,340. 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.
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 |
|---|---|---|---|
Thomas C Parker President Emeritus | 10 | $307,538 | |
Jess T Parker Vice President | 25 | $150,000 | |
Susan Parker Executive Vice President | 20 | $120,000 | |
Chuck Slosser Secretary | 5 | $0 | |
Sam Tyler Director | 1 | $0 | |
Christopher Parker Vice President | 25 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $538,986 |
| Net Rental Income | $1,370,773 |
| Net Gain on Sale of Assets | $2,102,157 |
| Capital Gain Net Income | $2,102,157 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$849,327 |
| Total Revenue | $5,631,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $987,799 |
| Other employee salaries and wages | $76,145 |
| Pension plans, employee benefits | $55,994 |
| Interest | $330,945 |
| Taxes | $140,395 |
| Depreciation | $891,285 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,092 |
| Printing and publications | $0 |
| Other expenses | $1,286,329 |
| Total operating and administrative expenses | $4,113,052 |
| Contributions, gifts, grants paid | $2,916,778 |
| Total expenses and disbursements | $7,029,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,013 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $46,583 |
| 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 | $80,127 |
| Net Investments - land, buildings, equipment | $34,668,575 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $154,530 |
| Other assets | $253,236 |
| Total assets | $92,849,199 |
| Accounts payable and accrued expenses | $298,355 |
| Grants payable | $894,905 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $10,880,394 |
| Other liabilities | $591,172 |
| Total liabilities | $12,664,826 |
Grants Awarded
Over the last fiscal year, Hutton Foundation A Delaware Corp has awarded $3,592,748 in support to 185 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTURES IN CARING FOUNDATION PURPOSE: NP TENANTS, CRISIS & SPECIAL INITIATIVES - SB | $1,600 |
ADVENTURES IN CARING FOUNDATION PURPOSE: CORE/GENERAL OPERATING SUPPORT - CYCLE I 2022 | $15,000 |
AHA ATTITUDE HARMONY ACHIEVEMENT PURPOSE: CORE/GENERAL OPERATING SUPPORT - CYCLE I 2022 | $15,000 |
ALL SAINTS BY THE SEA PURPOSE: JESS & ROBYN | $2,500 |
ALPHA RESOURCE CENTER OF SANTA BARBARA PURPOSE: NP TENANTS, CRISIS & SPECIAL INITIATIVES - SB | $27,500 |
ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC PURPOSE: NP TENANTS, CRISIS & SPECIAL INITIATIVES - SB | $3,500 |