Sigmund M Hyman Foundation Inc
- Assets
- $1.2m
- Revenue
- $159.0k
- Investments
- $1.1m
- Employees
- 0
- Location
- Stevenson, MD
- Founding
- 08/1961
- Data as of
- 10/2023
- EIN
- 52-6034760
Organization Overview
Sigmund M Hyman Foundation Inc is located in Stevenson, MD. The organization was established in 1961. 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. Sigmund M Hyman 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 10/2023, Sigmund M Hyman Foundation Inc generated $159.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $342.5k during the year ending 10/2023. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sigmund M Hyman Foundation Inc has awarded 94 individual grants totaling $1,174,800. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary B Hyman President | 1 | $0 | |
Carol H Williams Vice President | 1 | $0 | |
Nancy L Hyman Vice President | 1 | $0 | |
Tracy Cohen Paliath Director | 1 | $0 | |
Amy Retsinas Romero Director | 1 | $0 | |
Timothy D Armbruster Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,399 |
| Capital Gain Net Income | $120,399 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $159,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $206 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,450 |
| Contributions, gifts, grants paid | $329,000 |
| Total expenses and disbursements | $342,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $135,016 |
| 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 | $40,045 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,188,503 |
| 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, Sigmund M Hyman Foundation Inc has awarded $329,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE PURPOSE: GENERAL OPERATING FUNDS | $143,000 |
BALTIMORE MUSEUM OF ART PURPOSE: GENERAL OPERATING FUNDS | $10,000 |
BALTIMORE SYMPHONY ORCHESTRA PURPOSE: GENERAL OPERATING FUNDS | $10,000 |
CALVERT HALL COLLEGE HIGH SCHOOL PURPOSE: GENERAL OPERATING FUNDS | $5,000 |
CAPE COD MUSEUM OF ART PURPOSE: GENERAL OPERATING FUNDS | $5,000 |
ENOCH PRATT FREE LIBRARY PURPOSE: GENERAL OPERATING FUNDS | $30,000 |