H B B Foundation
- Assets
- $15.2m
- Revenue
- $451.4k
- Investments
- $15.1m
- Employees
- 0
- Location
- Dekalb, IL
- Founding
- 11/1964
- Data as of
- 12/2022
- EIN
- 36-6104969
Organization Overview
H B B Foundation is located in Dekalb, IL. The organization was established in 1964. 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. H B B Foundation 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, H B B Foundation generated $451.4k 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 (14.0%) each year. All expenses for the organization totaled $914.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, H B B Foundation has awarded 88 individual grants totaling $2,257,500. 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 |
|---|---|---|---|
Meredith Lederhos Secretary | 2 | $0 | |
Taylor Kirkpatrick President | 2 | $0 | |
Timothy Kirkpatrick Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $306,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,939 |
| Capital Gain Net Income | $129,939 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,774 |
| Total Revenue | $451,421 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8,896 |
| Taxes | $38,267 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,469 |
| Total operating and administrative expenses | $156,278 |
| Contributions, gifts, grants paid | $758,000 |
| Total expenses and disbursements | $914,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,116 |
| Savings and temporary cash investments | $0 |
| 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 | $71,376 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,226,404 |
| 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, H B B Foundation has awarded $758,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE THEATER PURPOSE: ADVANCEMENT OF EDUCATION | $15,000 |
BUTTERFLY PAVILION PURPOSE: DONATION | $1,500 |
CHATTAHOOCHEE RIVERKEEPER PURPOSE: ENVIRONMENTAL STUDY | $50,000 |
CHILDREN'S HOSPITAL COLORADO FOUNDATION PURPOSE: PHILANTHROPIC SUPPORT CHILDREN/FAMILIES | $25,000 |
COLORADO CATTLEMEN'S AGRICULTURAL LAND TRUST PURPOSE: WILDLIFE CONSERVATION | $5,000 |
COLORADO MOUNTAIN COLLEGE FOUNDATION PURPOSE: ENGLISH AS A SECOND LANGUAGE PROGRAM | $10,000 |