Hargrove Family Foundation
- Assets
- $382.8k
- Revenue
- $84.1k
- Investments
- $345.0k
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 05/2001
- Data as of
- 12/2021
- EIN
- 73-1601947
Organization Overview
Hargrove Family Foundation is located in Edmond, OK. The organization was established in 2001. 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. Hargrove Family 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, Hargrove Family Foundation generated $84.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $65.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hargrove Family Foundation has awarded 18 individual grants totaling $259,166. 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 |
|---|---|---|---|
Julie Hargrove Vice Pres | 0 | $0 | |
Kevin Hargrove President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70,000 |
| Interest on Savings | $12 |
| Dividends & Interest | $5,302 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,712 |
| Capital Gain Net Income | $48,712 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$39,907 |
| Total Revenue | $84,119 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $731 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,989 |
| Total operating and administrative expenses | $4,820 |
| Contributions, gifts, grants paid | $60,890 |
| Total expenses and disbursements | $65,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,462 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $144 |
| 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 | $86,520 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,232 |
| Total assets | $382,826 |
| 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, Hargrove Family Foundation has awarded $60,890 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF OKLAHOMA PURPOSE: GENERAL FUNDS | $38,240 |
OK SPORTS HALL OF FAME PURPOSE: GENERAL FUNDS | $21,400 |
Oklahoma City, OK PURPOSE: GENERAL FUND | $1,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jane P And Wiley L Mossy Jr Foundation Houston, TX | $339,084 | $6,855,893 |
Gene And Jerry Jones Family-Dallas Cowboys Charities Frisco, TX | $3,095,461 | $7,273,707 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Py Foundation Artesia, NM | $56,655,367 | $3,921,217 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |
Merle Chambers Fund Denver, CO | $66,462,880 | $7,349,081 |
Gods Light In The Darkness Foundation Carlbad, NM | $31,530,012 | $790,978 |
Mary E Bivins Trust Amarillo, TX | $23,577,867 | $7,091,283 |
Norman H Read 1985 Trust Amarillo, TX | $61,022,769 | $8,703,971 |
East Texas Medical Center Regional Healthcare System Tyler, TX | $164,248,819 | $57,646,365 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM | $97,006,761 | $1,880,279 |
Maffei Foundation Denver, CO | $13,828,182 | $18,020,171 |