Hcl Charitable Trust is located in Plano, TX. The organization was established in 0000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hcl Charitable 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 12/2022, Hcl Charitable Trust generated $6.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $17.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
JEWISH FAMILY SERVICES OF DALLAS GENERAL OPERATIONS DONATION
GRATEFUL HEARTS ANIMAL RESCUE GENERAL OPERATIONS DONATION
FRISCO FAMILY SERVICES GENERAL OPERATIONS DONATION
SHELTER PLAYGROUP ALLIANCE GENERAL OPERATIONS DONATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold J Colvin Trustee | 2 | $0 | |
M Carol Colvin Trustee | 2 | $0 | |
Lisa Colvin Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $78 |
| Dividends & Interest | $1,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,296 |
| Capital Gain Net Income | $5,296 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $99 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $110 |
| Total operating and administrative expenses | $749 |
| Contributions, gifts, grants paid | $16,225 |
| Total expenses and disbursements | $16,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,426 |
| 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 | $48,136 |
| 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 |
Over the last fiscal year, Hcl Charitable Trust has awarded $16,225 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FAMILY SERVICES PURPOSE: GENERAL OPERATING | $7,600 |
SHELTER PLAYGROUP ALLIANCE PURPOSE: GENERAL OPERATING | $1,000 |
FRISCO FAMILY SERVICES PURPOSE: GENERAL OPERATING | $2,000 |
OAKLAND MUSEUM OF CALIFORNIA PURPOSE: GENERAL OPERATING | $175 |
JEWISH FEDERATION OF GREATER DALLAS PURPOSE: GENERAL OPERATING | $750 |
GRATEFUL HEARTS ANIMAL RESCUE PURPOSE: GENERAL OPERATING | $3,200 |