Hni Charitable Foundation
- Assets
- $1.6m
- Revenue
- $404.6k
- Investments
- $1.5m
- Employees
- 0
- Location
- Muscatine, IA
- Founding
- 06/1985
- Data as of
- 12/2022
- EIN
- 42-1246787
Organization Overview
Hni Charitable Foundation is located in Muscatine, IA. The organization was established in 1985. 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. Hni Charitable 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, Hni Charitable Foundation generated $404.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $550.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hni Charitable Foundation has awarded 692 individual grants totaling $10,292,383. 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 |
|---|---|---|---|
Jeff Lorenger President & CEO | 2 | $0 | |
Donna Meade Vice President | 2 | $0 | |
Lindsay Mccullough Secretary And Treasurer | 2 | $0 | |
Ryan Donner Director | 2 | $0 | |
Dave Gardner Director | 2 | $0 | |
Jennifer Petersen Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $558,090 |
| Interest on Savings | $208 |
| Dividends & Interest | $56,069 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$209,742 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $404,625 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,674 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $28,076 |
| Contributions, gifts, grants paid | $522,786 |
| Total expenses and disbursements | $550,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,949 |
| 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 | $1,506,606 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,570,555 |
| 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, Hni Charitable Foundation has awarded $522,786 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S DISEASE AND RELATED DIS INC PURPOSE: HEALTH & HUM SERV NON MUSCATINE | $1,000 |
AMERICAN CANCER SOCIETY PURPOSE: HEALTH & HUMAN SERV NON MUSCATINE | $180 |
BBBS OF THE MISSISSIPPI VALLEY PURPOSE: CIVIC & COMMUNITY NON MUSCATINE | $10,000 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTIO PURPOSE: HEALTH & HUM SERV NON MUSCATINE | $267 |
BETTENDORF PUBLIC LIBRARY FOUNDATION PURPOSE: EDUCATION NON MUSCATINE | $1,000 |
BUFFALO PRAIRIE COMMUNITY FIRE DISTRICT PURPOSE: CIVIC & COMMUNITY NON MUSCATINE | $1,000 |