Morris And Dorothy Haskins Foundation Inc
- Assets
- $3.8m
- Revenue
- $293.9k
- Investments
- $3.8m
- Employees
- 0
- Location
- Bowling Green, KY
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 61-1267321
Organization Overview
Morris And Dorothy Haskins Foundation Inc is located in Bowling Green, KY. The organization was established in 1994. 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. Morris And Dorothy Haskins 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 12/2021, Morris And Dorothy Haskins Foundation Inc generated $293.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $460.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morris And Dorothy Haskins Foundation Inc has awarded 183 individual grants totaling $13,031,436. 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 |
|---|---|---|---|
Julia A Wedge President | 40 | $305,000 | |
Paul D Wedge Jr Director | 1 | $65,000 | |
Caroline Wedge Director | 1 | $14,100 | |
Paul Spencer Director | 1 | $500 | |
Matthew Spencer Director | 1 | $500 | |
Michael Spencer Director | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $185,538 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $103,642 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,724 |
| Total Revenue | $293,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $385,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $27,121 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $661 |
| Total operating and administrative expenses | $429,990 |
| Contributions, gifts, grants paid | $30,389 |
| Total expenses and disbursements | $460,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,954 |
| 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 | $0 |
| Total assets | $3,830,367 |
| 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 | $11,671 |
| Total liabilities | $11,671 |
Grants Awarded
Over the last fiscal year, Morris And Dorothy Haskins Foundation Inc has awarded $30,389 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
LIFESPRING CHURCH PURPOSE: FINANCIAL SUPPORT | $10,000 |
Parkersburg, WV PURPOSE: FINANCIAL SUPPORT | $5,000 |
Bowling Green, KY PURPOSE: FINANCIAL SUPPORT | $4,740 |
BOWLING GREEN HIGH SCHOOL PURPOSE: FINANCIAL SUPPORT | $2,600 |
WKU COLLEGE HEIGHTS PURPOSE: FINANCIAL SUPPORT | $2,500 |
UNION BAPTIST CHURCH PURPOSE: FINANCIAL SUPPORT | $1,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |