Hurlburt Foundation Inc
- Assets
- $6.7m
- Revenue
- $482.8k
- Investments
- $6.5m
- Employees
- 0
- Location
- Yonkers, NY
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 65-0795533
Organization Overview
Hurlburt Foundation Inc is located in Yonkers, NY. 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. Hurlburt 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 12/2022, Hurlburt Foundation Inc generated $482.8k 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 (3.1%) each year. All expenses for the organization totaled $519.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hurlburt Foundation Inc has awarded 242 individual grants totaling $2,817,805. 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 |
|---|---|---|---|
Jean L Hurlburt Director | 3 | $0 | |
Wilbur F Hurlburt III President & Director | 5 | $0 | |
Michael Kline Jr Vice President & Director | 5 | $0 | |
John S Bohatch Director & Legal Advisor | 3 | $0 | |
Herbert G Kanarick Treasurer & Director | 6 | $0 | |
Christina Colletti Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,899 |
| Interest on Savings | $0 |
| Dividends & Interest | $286,949 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,908 |
| Capital Gain Net Income | $188,908 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $482,756 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,601 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,797 |
| Printing and publications | $0 |
| Other expenses | $48,246 |
| Total operating and administrative expenses | $128,369 |
| Contributions, gifts, grants paid | $391,500 |
| Total expenses and disbursements | $519,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $194,846 |
| 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 | $1,741,386 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,718,691 |
| 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, Hurlburt Foundation Inc has awarded $391,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BALLET THEATER PURPOSE: REPAIR & MAINTENANCE OF DANCING COSTUMES AT LINCOLN CENTER | $1,000 |
ALSO FOR YOUTH INC PURPOSE: SOCIAL WELFARE | $20,000 |
DYSAUONOMIA PROJECT PURPOSE: SOCIAL WELFARE | $10,000 |
CHILD PROTECTION CENTER PURPOSE: PREVENTION INTERVENTION & TREATMENT OF CHILD ABUSE | $24,500 |
EPISCOPAL DIOCESE OF SOUTHWEST FL PURPOSE: SOCIAL WELFARE | $25,000 |
ELIJAH HOUSE ACADEMY PURPOSE: SOCIAL WELFARE | $25,500 |