Hale Family Foundation
- Assets
- $898.5k
- Revenue
- $95.7k
- Investments
- $716.8k
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-3829554
Organization Overview
Hale Family Foundation is located in Charlotte, NC. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hale Family 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, Hale Family Foundation generated $95.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $87.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hale Family Foundation has awarded 32 individual grants totaling $294,554. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING GRANTS AND DONATIONS TO CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven A Hale II Chairman | 0 | $0 | |
Jennifer Hale MD President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $82,244 |
| Interest on Savings | $173 |
| Dividends & Interest | $2 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,231 |
| Total Revenue | $95,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,301 |
| Total operating and administrative expenses | $2,351 |
| Contributions, gifts, grants paid | $84,875 |
| Total expenses and disbursements | $87,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,486 |
| Savings and temporary cash investments | $0 |
| 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 | $9,221 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $716,774 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $898,481 |
| 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, Hale Family Foundation has awarded $84,875 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: SUPPORT MINISTRY FOCUS | $68,000 |
CLAIRE'S ARMY PURPOSE: SUPPORT CURE OF CHILDHOOD CANCER | $5,000 |
BIG BROTHERS BIG SISTERS OF AMERICA PURPOSE: TO SUPPORT THE OPERATIONS OF THE ORGANIZATION. | $2,575 |
ASAPH TALKS PURPOSE: SUPPORT MINISTRY FOCUS | $5,000 |
HEARTS WITHOUT BORDERS PURPOSE: TO SUPPORT THE OPERATIONS OF THE ORGANIZATION | $500 |
PERFECT GAME FOUNDATION PURPOSE: TO SUPPORT THE OPERATIONS OF THE ORGANIZATION | $300 |