Hinrichs Foundation Inc
- Assets
- $471.2k
- Revenue
- $24.2k
- Investments
- $452.0k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1955
- Data as of
- 09/2023
- EIN
- 39-6048020
Organization Overview
Hinrichs Foundation Inc is located in Chicago, IL. The organization was established in 1955. 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. Hinrichs 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 09/2023, Hinrichs Foundation Inc generated $24.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $39.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hinrichs Foundation Inc has awarded 172 individual grants totaling $261,230. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION'S ONLY ACTIVITY INCLUDES MAKING CONTRIBUTIONS TO 21 CHARITIES. FOR 2020 THE FOUNDATION CONTRIBUTED $31,075 IN CASH GIFTS TO VARIOUS CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward F Dunne President | 0 | $0 | |
Christopher Hinrichs Board Member | 0 | $0 | |
Heidi Sindic Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,313 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,906 |
| Capital Gain Net Income | $4,906 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,219 |
| 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 | $8,709 |
| Contributions, gifts, grants paid | $31,100 |
| Total expenses and disbursements | $39,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,244 |
| 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 | $452,004 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $471,248 |
| 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, Hinrichs Foundation Inc has awarded $31,100 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP MANITO-WISH YMCA PURPOSE: GENERAL | $2,000 |
CHILDREN'S ONCOLOGY SERVICE OF IL PURPOSE: GENERAL | $2,000 |
DES PLAINES WETLANDS CONSERVANCY INC PURPOSE: GENERAL | $1,800 |
CHIWAUKEE PRAIRIE PRESERVATION FD PURPOSE: GENERAL | $1,500 |
HABITAT FOR HUMANITY RACINE PURPOSE: GENERAL | $500 |
IRISH FELLOWSHIP EDUC & CULTURAL FOUNDATION PURPOSE: GENERAL | $800 |