Halstead Family Foundation Inc
- Assets
- $7.7m
- Revenue
- $163.7k
- Investments
- $7.4m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/2012
- Data as of
- 12/2022
- EIN
- 46-1196443
Organization Overview
Halstead Family Foundation Inc is located in Atlanta, GA. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Halstead Family 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 12/2022, Halstead Family Foundation Inc generated $163.7k 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 (9.2%) each year. All expenses for the organization totaled $578.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Halstead Family Foundation Inc has awarded 120 individual grants totaling $2,101,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Bergford Board Member | 0 | $22,999 | |
Elaine Klesius Board Member | 0 | $22,999 | |
Jeff Bergford Board Member | 0 | $22,999 | |
Patrick Klesius Board Member | 0 | $43,821 | |
Stephen Klesius Board Member | 0 | $22,999 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,512 |
| Dividends & Interest | $172,565 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,573 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $160 |
| Total Revenue | $163,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,817 |
| Other employee salaries and wages | $4,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,018 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,178 |
| Printing and publications | $0 |
| Other expenses | $58,904 |
| Total operating and administrative expenses | $251,030 |
| Contributions, gifts, grants paid | $327,500 |
| Total expenses and disbursements | $578,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,022 |
| Savings and temporary cash investments | $109,451 |
| 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 | $164,123 |
| Total assets | $7,664,184 |
| 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 | $12,934 |
| Total liabilities | $12,934 |
Grants Awarded
Over the last fiscal year, Halstead Family Foundation Inc has awarded $327,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN UNIVERSITY FOUNDATION PURPOSE: GENERAL | $112,500 |
FIT FOUNDATION PURPOSE: GENERAL | $15,000 |
THE NEW SCHOOL PURPOSE: GENERAL | $20,000 |
RIGHTCARE FOUNDATION PURPOSE: GENERAL | $25,000 |
AUTISM RESOURCE FOUNDATION PURPOSE: GENERAL | $25,000 |
KEY LEARNING CENTER TEACHER TRAINING & OUTREACH PURPOSE: GENERAL | $10,000 |