Hulman & Company Foundation Inc
- Assets
- $17.3m
- Revenue
- $12.7m
- Investments
- $15.6m
- Employees
- 0
- Location
- Terre Haute, IN
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 35-2063427
Organization Overview
Hulman & Company Foundation Inc is located in Terre Haute, IN. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Hulman & Company 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, Hulman & Company Foundation Inc generated $12.7m in total revenue. All expenses for the organization totaled $311.3k during the year ending 12/2023. While expenses have increased by 7.0% 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 2020, Hulman & Company Foundation Inc has awarded 36 individual grants totaling $883,000. 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.
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 |
|---|---|---|---|
Anton H George President | 1 | $0 | |
Nancy L George Director | 1 | $0 | |
M Josephine George Director | 1 | $0 | |
Katherine M George Conforti Director | 1 | $0 | |
Lauren George Sparkman Sec/treas | 1 | $0 | |
W Curtis Brighton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,281,600 |
| Interest on Savings | $79,532 |
| Dividends & Interest | $83,930 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $223,328 |
| Capital Gain Net Income | $223,328 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $132 |
| Total Revenue | $12,668,522 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $31,320 |
| Total operating and administrative expenses | $31,339 |
| Contributions, gifts, grants paid | $280,000 |
| Total expenses and disbursements | $311,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,592,916 |
| 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 | $6,636,417 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $48,798 |
| Total assets | $17,263,946 |
| 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, Hulman & Company Foundation Inc has awarded $280,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
500 FESTIVAL FOUNDATION INC PURPOSE: GENERAL OPERATING EXPENSES | $50,000 |
AMERICAN RED CROSS OF GREATER INDPLS PURPOSE: GENERAL OPERATING EXPENSES | $25,000 |
GLEANERS FOOD BANK OF INDIANA PURPOSE: GENERAL OPERTING EXPENSES | $20,000 |
INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION PURPOSE: GENERAL OPERATING EXPENSES | $125,000 |
PARK TUDOR FOUNDATION INC PURPOSE: GENERAL OPERATING EXPENSES | $15,000 |
WHEELER MISSION MINISTRIES PURPOSE: GENERAL OPERATING EXPENSES | $20,000 |