Hyslop Shannon Foundation
- Assets
- $3.6m
- Revenue
- $283.2k
- Investments
- $3.4m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 72-1447443
Organization Overview
Hyslop Shannon Foundation is located in New Orleans, LA. The organization was established in 1999. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Hyslop Shannon 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 12/2021, Hyslop Shannon Foundation generated $283.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $283.3k during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hyslop Shannon Foundation has awarded 207 individual grants totaling $980,812. 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 |
|---|---|---|---|
Thomas M Morton Vice President, Director | 1 | $5,000 | |
James R Morton President, Director | 1 | $5,000 | |
Carole Whipple Secretary/treas, Director | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17 |
| Dividends & Interest | $73,230 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $168,982 |
| Capital Gain Net Income | $168,982 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $41,017 |
| Total Revenue | $283,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $561 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $49,304 |
| Contributions, gifts, grants paid | $234,000 |
| Total expenses and disbursements | $283,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,245 |
| 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 | $137,603 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,592,210 |
| 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, Hyslop Shannon Foundation has awarded $234,000 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Avondale, LA PURPOSE: EDUCATION | $35,000 |
Chicago, IL PURPOSE: CULTURAL | $20,000 |
ELECTRI INTERNATIONAL PURPOSE: GREEN ENERGY RESEARCH | $12,000 |
Fort Wayne, IN PURPOSE: MEDICAL | $12,000 |
LOYOLA UNIVERSITY NEW ORLEANS PURPOSE: EDUCATION | $10,750 |
MAUI OCEAN CENTER MARINE INSTITUTE PURPOSE: MARINE RESEARCH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
22kill Farmers Branch, TX | $1,558,153 | $3,089,159 |
Alice L Stoskopf Tr Dallas, TX | $6,639,201 | $1,332,643 |
Elizabeth A Straut Trust Dallas, TX | $4,890,072 | $983,901 |
Make It Matter Foundation Dallas, TX | $1,095,378 | $4,280 |
Hyslop Shannon Foundation New Orleans, LA | $3,592,210 | $283,246 |
Bertha Spaeti Smith Dallas, TX | $3,511,045 | $728,820 |
John W Parmelee Trust Dallas, TX | $3,527,836 | $711,953 |
Tuw Alban B & Edna B Nixonfund Dallas, TX | $2,587,724 | $508,901 |
Tuw Eleanor Hills Charitable Tr Dallas, TX | $2,309,861 | $455,621 |
Emil Kirchheimer Trust 32 48219 2 Dallas, TX | $2,096,173 | $407,715 |
Tuw Raymond I Caspers Dallas, TX | $1,632,391 | $325,201 |
Tua Winifred Depuy Leiter Trust Dallas, TX | $1,674,099 | $335,187 |