Richard W Higgins Charitable Foundation
- Assets
- $1.5m
- Revenue
- $96.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 12/1992
- Data as of
- 12/2022
- EIN
- 65-6101328
Organization Overview
Richard W Higgins Charitable Foundation is located in Naples, FL. The organization was established in 1992. 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. Richard W Higgins Charitable 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 12/2022, Richard W Higgins Charitable Foundation generated $96.7k 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 (8.2%) each year. All expenses for the organization totaled $194.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Richard W Higgins Charitable Foundation has awarded 84 individual grants totaling $945,105. 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 |
|---|---|---|---|
George W Lange Jr Trustee | 1 | $8,000 | |
Huntington Bank Custodian | 0 | $5,000 | |
Robert J Fiddes Trustee | 1 | $8,000 | |
Lori Breyman Trustee | 1 | $8,000 | |
Joseph L Charles Trustee | 1 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $97,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$570 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $96,680 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,679 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $886 |
| Total operating and administrative expenses | $42,165 |
| Contributions, gifts, grants paid | $152,500 |
| Total expenses and disbursements | $194,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,453,201 |
| 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, Richard W Higgins Charitable Foundation has awarded $152,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: MEDICAL | $12,500 |
ALZHEIMER'S ASSOCIATION PURPOSE: MEDICAL | $12,500 |
AMERICAN FOUNDATION FOR THE BLIND PURPOSE: MEDICAL | $12,500 |
CARNEGIE INSTITUTION FOR SCIENCE PURPOSE: MEDICAL | $12,500 |
CHILD WELFARE LEAGUE OF AMERICA PURPOSE: CHARITABLE | $12,500 |
EPILEPSY SERVICES OF SW FLORIDA PURPOSE: MEDICAL | $12,500 |