Hermitage Charitable Foundation Inc is located in Indianapolis, IN. The organization was established in 2015. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hermitage 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.
For the year ending 12/2022, Hermitage Charitable Foundation Inc generated $19.6k 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 (5.4%) each year. All expenses for the organization totaled $174.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO THE MISSION AND THE OBJECTIVES OF THE FRANCISCAN HERMITAGE, INC. TO RAISE FUNDS FOR FHI FROM THE PUBLIC AND OTHER AVAILABLE SOURCES; TO RECEIVE AND MAINTAIN SUCH FUNDS AND EXPEND PRINCIPAL AND INCOME IN SUPPORT AND FURTHERANCE OF THE MISSION AND TO PROVIDE PROGRAM AND/OR FINANCIAL ASSISTANCE TO FHI.
Describe the Organization's Program Activity:
Part 3
SUPPORT OF THE FRANCISCAN HERMITAGE OF INDIANAPOLIS.
SUPPORT OF OTHER CATHOLIC CHARITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garry Chilluffo Chairman | 2 | $0 | |
FR Justin Belitz Secretary | 2 | $0 | |
Lulu Kinnett Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,558 |
| Gain or Loss | $13,019 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,577 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $173,326 |
| Total expenses | $174,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $490,192 |
| Other assets | $0 |
| Total assets | $490,192 |
| Total liabilities | $0 |
| Net assets or fund balances | $490,192 |