Hattie M Strong Foundation
- Assets
- $27.2m
- Revenue
- $2.0m
- Investments
- $26.6m
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 02/1929
- Data as of
- 08/2021
- EIN
- 53-0237223
Organization Overview
Hattie M Strong Foundation is located in Springfield, VA. The organization was established in 1929. 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. Hattie M Strong 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 08/2021, Hattie M Strong Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.8m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hattie M Strong Foundation has awarded 358 individual grants totaling $4,137,069. 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 |
|---|---|---|---|
Robin C Tanner Sec/treas-Exec. Director | 35 | $135,593 | |
Bente Strong Director | 1 | $0 | |
Sigrid S Reynolds Vice President | 2 | $0 | |
Janet Kerr-Tener PHD Diector | 1 | $0 | |
Carol L Schwartz Director | 1 | $0 | |
H Gregory Platts Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jessica Trevelyan | 8/30/21 | $57,500 |
Ross C Little | 8/30/21 | $88,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140 |
| Interest on Savings | $188 |
| Dividends & Interest | $613,129 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,399,043 |
| Capital Gain Net Income | $1,399,043 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,012,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,593 |
| Other employee salaries and wages | $100,585 |
| Pension plans, employee benefits | $134,165 |
| Interest | $0 |
| Taxes | $25,723 |
| Depreciation | $0 |
| Occupancy | $42,118 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42,019 |
| Total operating and administrative expenses | $652,253 |
| Contributions, gifts, grants paid | $1,182,725 |
| Total expenses and disbursements | $1,834,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,726 |
| Net Accounts receivable | $377,459 |
| 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 | $26,644,538 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,156,723 |
| 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, Hattie M Strong Foundation has awarded $1,182,725 in support to 100 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGE MASON UNIVERSITY PURPOSE: SIX (6) $5,000 SCHOLARSHIPS | $30,000 |
OLD DOMINION UNIVERSITY PURPOSE: SIX (6) $5,000 SCHOLARSHIPS | $30,000 |
Baltimore, MD PURPOSE: SIX (6) $5,000 SCHOLARSHIPS | $30,000 |
Harrisonburg, VA PURPOSE: SIX (6) $5,000 SCHOLARSHIPS | $30,000 |
SALISBURY UNIVERSITY PURPOSE: SIX (6) $5,000 SCHOLARSHIPS | $30,000 |
Frostburg, MD PURPOSE: SIX (6) $5,000 SCHOLARSHIPS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Claude And Betty Harris Foundation Inc Louisville, KY | $58,528,117 | $25,952,323 |
P H P Inc Hopkinsville, KY | $1,933,207 | $15,725,161 |