Hopkin Faoundation
- Assets
- $281.8k
- Revenue
- $505.9k
- Investments
- $107.9k
- Employees
- 0
- Location
- Needham, MA
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 74-2490613
Organization Overview
Hopkin Faoundation is located in Needham, MA. The organization was established in 1988. 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. Hopkin Faoundation 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, Hopkin Faoundation generated $505.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $589.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hopkin Faoundation has awarded 106 individual grants totaling $1,178,411. 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 |
|---|---|---|---|
John Dow President | 1 | $0 | |
Kerry Hopkin Treasurer And Secretary | 1 | $0 | |
Jeff Hopkin Vice President | 1 | $0 | |
Arden Hopkin Vice President | 1 | $0 | |
Marianne Hopkin Vice President | 1 | $0 | |
Lorainne Hopkin Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $419,272 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,811 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,781 |
| Capital Gain Net Income | $83,781 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $505,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,353 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,770 |
| Printing and publications | $0 |
| Other expenses | $2,142 |
| Total operating and administrative expenses | $19,300 |
| Contributions, gifts, grants paid | $570,135 |
| Total expenses and disbursements | $589,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,147 |
| Savings and temporary cash investments | $79,750 |
| 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 | $281,817 |
| 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, Hopkin Faoundation has awarded $570,135 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FILM INSTITUTE PURPOSE: RESTRICTED SCHOLARSHIPS | $32,900 |
ARIZONA STATE UNIVERSITY PURPOSE: RESTRICTED SCHOLARSHIPS | $1,200 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: RESTRICTED SCHOLARSHIPS | $17,532 |
BRIGHAM YOUNG UNIVERSITY-IDAHO PURPOSE: RESTRICTED SCHOLARSHIPS | $194,455 |
BROWN UNIVERSITY PURPOSE: RESTRICTED SCHOLARSHIPS | $62,680 |
CORPACION UNIFICADA NACIONAL DE ED PURPOSE: RESTRICTED SCHOLARSHIPS | $7,080 |