Hawn Foundation Inc is located in Dallas, TX. The organization was established in 1964. 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. Hawn Foundation Inc 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 08/2022, Hawn Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $1.7m during the year ending 08/2022. 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
THE ONLY CHARITABLE ACTIVITY DURING THE TAX YEAR WAS THE DIRECT CASH CONTRIBUTION TO CHARITABLE ORGANIZATIONS. (SEE ATTACHED LIST OF CHARITABLE ORGANIZATIONS).
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe V Hawn Jr President | 10 | $150,628 | |
Edward A Copley Secretary/director | 0.5 | $0 | |
Margaret Hawn Kelley Director | 0.5 | $0 | |
Sarah Hawn Director | 0.5 | $0 | |
Shannon Bair Director | 0.5 | $0 | |
Douglas Kelley Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $177,883 |
| Dividends & Interest | $69,789 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,438,778 |
| Capital Gain Net Income | $2,438,778 |
| Net ST Capital Gain | $3,339 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,908 |
| Total Revenue | $2,760,358 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,628 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $108,385 |
| Total operating and administrative expenses | $432,666 |
| Contributions, gifts, grants paid | $1,243,036 |
| Total expenses and disbursements | $1,675,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,008,648 |
| Savings and temporary cash investments | $0 |
| 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 | $34,990,227 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,998,875 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $991,560 |
| 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 | $991,560 |