Hammer Family Charitable Foundation Inc
- Assets
- $10.2m
- Revenue
- -$731.9k
- Investments
- $9.8m
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 39-1876763
Organization Overview
Hammer Family Charitable Foundation Inc is located in Cedar Rapids, IA. The organization was established in 1998. 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. Hammer Family Charitable 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.
Since 2015, Hammer Family Charitable Foundation Inc has awarded 83 individual grants totaling $4,079,427. 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 |
|---|---|---|---|
Ann B Hammer President | 3 | $0 | |
Neil R Hammer Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $308,519 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,040,400 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$731,881 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,296 |
| Contributions, gifts, grants paid | $569,000 |
| Total expenses and disbursements | $575,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,904 |
| Savings and temporary cash investments | $325,941 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,181,524 |
| 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, Hammer Family Charitable Foundation Inc has awarded $569,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY SCHOOL OF GENERAL STUDIES PURPOSE: GENERAL SUPPORT | $300,000 |
BAYPATH UNIVERSITY PURPOSE: GENERAL SUPPORT | $4,000 |
BAYPATH UNIVERSITY PURPOSE: GENERAL SUPPORT | $200,000 |
PLACE OF HOPE ANIMAL RESCUE PURPOSE: GENERAL SUPPORT | $50,000 |
GIRLS WRITE NOW PURPOSE: GENERAL SUPPORT | $10,000 |
VALLEY OF THE MOON CHILDREN'S FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |