Hudson Farm Foundation Inc
- Assets
- $827.5k
- Revenue
- $765.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Andover, NJ
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-3099263
Organization Overview
Hudson Farm Foundation Inc is located in Andover, NJ. The organization was established in 2014. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson Farm 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 12/2021, Hudson Farm Foundation Inc generated $765.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $654.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hudson Farm Foundation Inc has awarded 98 individual grants totaling $4,883,882. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE AND PROMOTE COMMUNITY-WIDE ACTIVITIES IN THE AREAS OF SCIENCE,CULTURE AND THE ARTS,HOSPITALS, EDUCATION AND CIVIC ENDEAVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO AID DONEES IN THEIR CHARITABLE, CIVIC AND SCEINTIFIC FUNCTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles K Kellogg President | Trustee | 0 | $0 |
Peter R Kellogg Director | Trustee | 0 | $0 |
Lee Kellogg Sadrian Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $658,957 |
| Noncash contributions included in lines 1a–1f | $3,881 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $658,957 |
| Total Program Service Revenue | $0 |
| Investment income | $18,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $88,317 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $765,826 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $652,237 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $64 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $654,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,808 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $760,322 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,403 |
| Total assets | $827,533 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $5,860,249 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$5,032,716 |
| Total liabilities and net assets/fund balances | $827,533 |
Grants Awarded
Over the last fiscal year, Hudson Farm Foundation Inc has awarded $649,737 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
SCHEDULE ATTACHED PURPOSE: TO AID DONEE ORGANIZATIONS WITH THEIR 501(c) 3 FUNCTIONS. | $299,087 |
Andover, NJ PURPOSE: TO ASSIST THE DONEE ORGANIZATION WITH ITS 501(c)3 FUNCTION. | $46,600 |
PATRIOTS' PATH COUNCIL BSA PURPOSE: TO ASSIST THE DONEE ORGANIZATION WITH ITS 501(c)3 FUNCTION. | $46,450 |
Newton, NJ PURPOSE: TO ASSIST THE ORGANIZATION WITH ITS 501c3 FUNCTION | $43,000 |
LV JR PATRIOTS WRESTLING PURPOSE: TO ASSIST THE DONEE ORGANIZATION WITH ITS 501(c)3 FUNCTION. | $26,900 |
PROJECT SELF-SUFFICIENCY PURPOSE: TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION | $23,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Hudson Farm Foundation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: FOOD, NUTRITION | $25,000 |
Brueckner Family Charitable Foundation Charlottesville, VA PURPOSE: GENERAL | $10,000 |
Fournier Family Foundation Inc Summit, NJ PURPOSE: CHARITABLE IRC 170 (C)(2) | $5,000 |
Kevork And Sirwart Hovnanian Family Foundation Matawan, NJ PURPOSE: TO PROMOTE THE WORK OF THE ORGANIZATION | $5,000 |
Harding Family Foundation Inc Basking Ridge, NJ PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chester County Food Bank Exton, PA | $14,718,999 | $9,745,576 |
Model Organic Farm Foundation New York, NY | $4,881,242 | $2,948,859 |
Refed Inc Long Island City, NY | $3,245,213 | $3,044,504 |
White Feather Farm Inc Saugerties, NY | $1,952,913 | $1,416,686 |
Delaware Restaurant Association Newark, DE | $1,419,640 | $1,758,498 |
White Feather Forest Inc Saugerties, NY | $359,824 | $75,416 |
Common Market Mid-Atlantic Incorporated Philadelphia, PA | $1,938,202 | $6,499,769 |
Pitney Meadows Community Farm Inc Saratoga Springs, NY | $3,433,291 | $1,027,311 |
Common Ground Farm Inc Beacon, NY | $214,026 | $737,294 |
Hudson Farm Foundation Inc Andover, NJ | $827,533 | $765,826 |
Urban Creators Philadelphia, PA | $367,166 | $665,737 |
Foodshot Global Inc New York, NY | $602,916 | $551,507 |