Hudson Family Foundation Inc
- Assets
- $4.7m
- Revenue
- $55.0k
- Investments
- $4.2m
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 09/1998
- Data as of
- 04/2023
- EIN
- 65-0753612
Organization Overview
Hudson Family Foundation Inc is located in Fort Lauderdale, FL. The organization was established in 1998. 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. Hudson Family 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 04/2023, Hudson Family Foundation Inc generated $55.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $1.6m during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hudson Family Foundation Inc has awarded 195 individual grants totaling $10,219,095. 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 |
|---|---|---|---|
Holly J Bodenweber President/treasurer | 25 | $50,000 | |
Steven W Hudson Vice-President/ Secretary | 20 | $45,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,835 |
| Dividends & Interest | $127,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$80,477 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $95,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,733 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58,931 |
| Total operating and administrative expenses | $161,664 |
| Contributions, gifts, grants paid | $1,486,000 |
| Total expenses and disbursements | $1,647,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,425 |
| Savings and temporary cash investments | $479,910 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $8,125 |
| 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 | $1,531,271 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,525 |
| Total assets | $4,728,136 |
| 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, Hudson Family Foundation Inc has awarded $1,486,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BROWARD PERFORMING ARTS FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $70,000 |
CHARITY GUILD OF FORT LAUDERDALE PURPOSE: GENERAL CONTRIBUTION | $15,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $10,000 |
COMMUNITY FOUNDATION OF BROWARD PURPOSE: GENERAL CONTRIBUTION | $1,000,000 |
GREATER FORT LAUDERDALE CHAMBER OF COMMERCE PURPOSE: GENERAL CONTRIBUTION | $5,000 |
GUY HARVEY OCEAN FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $10,000 |