Frederick And Katrleen Hornlein Educational Trust
- Assets
- $1.4m
- Revenue
- $178.1k
- Investments
- $1.4m
- Employees
- 0
- Location
- Mountain Home, AR
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 71-6157456
Organization Overview
Frederick And Katrleen Hornlein Educational Trust is located in Mountain Home, AR. The organization was established in 1994. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frederick And Katrleen Hornlein Educational Trust 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, Frederick And Katrleen Hornlein Educational Trust generated $178.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $90.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frederick And Katrleen Hornlein Educational Trust has awarded 354 individual grants totaling $456,473. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, THERE WERE 43 FULL AND PARTIAL SCHOLARSHIPS AWARDED TO 43 QUALIFIED APPLICANTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Evans Committee Me | 0 | $0 | |
Micaela Johnson Committee Me | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $42,306 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $135,742 |
| Capital Gain Net Income | $14,207 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $178,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $87 |
| Total operating and administrative expenses | $29,060 |
| Contributions, gifts, grants paid | $61,080 |
| Total expenses and disbursements | $90,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,459 |
| 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 | $70 |
| Investments—mortgage loans | $0 |
| Investments—other | $868,091 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,437,554 |
| 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, Frederick And Katrleen Hornlein Educational Trust has awarded $61,080 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
HAILEY SEGARS PURPOSE: EDUCATIONAL SCHOLARSHIP | $4,200 |
MOLLIE BRECKENRIDGE PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,320 |
TYLER SMITH PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,320 |
KACIE ENDERS PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,320 |
ANNA GRACE FOREMAN PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,320 |
VICTORIA WHAM PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,320 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Houston Foundation Houston, TX | $176,095,945 | $16,062,659 |
Harmony Education Foundation Houston, TX | $114,104,071 | $8,179,563 |
Mc Neese State University Foundation Lake Charles, LA | $101,832,401 | $15,814,029 |
University Of Houston Law Foundation Houston, TX | $45,914,455 | $12,108,059 |
The Texas A & M University Commerce Foundation Commerce, TX | $38,245,128 | $4,326,106 |
Auxiliary Services Foundation Memphis, TN | $24,476,321 | $9,276,607 |
Provident Group - Tubman Quad Properties Inc Baton Rouge, LA | $65,014,017 | $2,517,219 |
Lsu Real Estate And Facilities Foundation Baton Rouge, LA | $27,883,351 | $21,043,945 |
Alamo Colleges Foundation Inc San Antonio, TX | $77,782,031 | $21,582,510 |
Plumbers And Steamfitters Health Welfare And Educational Fund Metairie, LA | $10,022,630 | $8,551,794 |
Mary R Gallaspy Charitable Trust No Two Natchitoches, LA | $32,819,833 | $7,568,243 |
East Tennessee State University Foundation Johnson City, TN | $138,793,222 | $16,207,692 |