Hummel Family Fund Inc
- Assets
- $2.2m
- Revenue
- $37.4k
- Investments
- $1.9m
- Employees
- 0
- Location
- Pittsboro, NC
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 56-2035183
Organization Overview
Hummel Family Fund Inc is located in Pittsboro, NC. The organization was established in 1997. 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. Hummel Family Fund 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 12/2022, Hummel Family Fund Inc generated $37.4k 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 (34.6%) each year. All expenses for the organization totaled $126.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hummel Family Fund Inc has awarded 596 individual grants totaling $978,243. 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
YWCA GREENSBORO
JUVENILE DIABETES RESEARCH FOUNDATION
NEW NORTH CAROLINA PROJECT FOUNDATION
FIRST PRESBYTERIAN CHURCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel D Hummel President | 0 | $0 | |
Anne D Hummel Sec/treas | 0 | $0 | |
Holmes A Hummel Director | 0 | $0 | |
Sam D Hummel Jr Director | 0 | $0 | |
Elizabeth H Bonitz Director | 0 | $0 | |
Amelia H Hodges Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,027 |
| Dividends & Interest | $8,823 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,515 |
| Capital Gain Net Income | $25,515 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,365 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $2,151 |
| Contributions, gifts, grants paid | $124,365 |
| Total expenses and disbursements | $126,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $288,853 |
| 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 | $0 |
| Total assets | $2,208,696 |
| 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, Hummel Family Fund Inc has awarded $124,365 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
THE NON-PROFIT QUARTERLY PURPOSE: SUPPORT | $3,000 |
ARTS GREENSBORO PURPOSE: SUPPORT | $2,000 |
JDRF PURPOSE: SUPPORT | $5,450 |
AMERICAN FRIENDS SERVICE COMMITTEE PURPOSE: SUPPORT | $200 |
CAROLINA THEATRE OF GREENSBORO INC PURPOSE: SUPPORT | $500 |
AMNION FNDN PURPOSE: SUPPORT | $1,000 |