Hillier Ignite Foundation
- Assets
- $94.8k
- Revenue
- $2.7k
- Investments
- $85.3k
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 06/2015
- Data as of
- 12/2023
- EIN
- 47-3603172
Organization Overview
Hillier Ignite Foundation is located in Virginia Beach, VA. The organization was established in 2015. 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. Hillier Ignite 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 12/2023, Hillier Ignite Foundation generated $2.7k in total revenue. All expenses for the organization totaled $425.0 during the year ending 12/2023.
Since 2016, Hillier Ignite Foundation has awarded 26 individual grants totaling $2,180,234. 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 |
|---|---|---|---|
Luke M Hillier Director | 1 | $0 | |
Stephanie B Hillier Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,653 |
| 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 | $0 |
| Total Revenue | $2,653 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $400 |
| Total operating and administrative expenses | $425 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,369 |
| 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 | $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 | $92 |
| Total assets | $94,810 |
| 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, Hillier Ignite Foundation has awarded $800,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ORPHANETWORK PURPOSE: TO HELP RESCUE ABANDONED AND ABUSED CHILDREN, PREVENT VULNERABLE CHILDREN FROM BECOMING ABANDONED, AND RAISE EVERY CHILD TO LIVE A NEW LIFE OF CHRIST | $100,000 |
JOHNS HOPKINS UNIVERSITY PURPOSE: TO SUPPORT THE WRESTING PROGRAM | $100,000 |
SENTARA FOUNDATION PURPOSE: TO HELP FUND FOR CANCER RESEARCH AND INNOVATION | $600,000 |