Havens Foundation Inc
- Assets
- $831.2k
- Revenue
- $68.0k
- Investments
- $773.0k
- Employees
- 0
- Location
- Spring, TX
- Founding
- 12/1990
- Data as of
- 12/2022
- EIN
- 76-0317434
Organization Overview
Havens Foundation Inc is located in Spring, TX. The organization was established in 1990. 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. Havens 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 12/2022, Havens Foundation Inc generated $68.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $69.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Havens Foundation Inc has awarded 38 individual grants totaling $544,970. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SCHOLARSHIPS TO TWO UNIVERSITIES, INCLUDING FUNDS SPECIFIED FOR THE COLLEGE OF VETERINARY MEDICINE OF ONE OF THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Havens Chairman | 0 | $0 | |
Michael Havens Director | 0 | $0 | |
Carol Havens Director | 0 | $0 | |
Kendra Wolf Sec/treas | 0 | $9,000 | |
Lisa Havens Director | 0 | $0 | |
Steven Havens Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $81 |
| Dividends & Interest | $59,130 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,150 |
| Capital Gain Net Income | $3,150 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,655 |
| Total Revenue | $68,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $100 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19 |
| Total operating and administrative expenses | $11,419 |
| Contributions, gifts, grants paid | $58,000 |
| Total expenses and disbursements | $69,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,284 |
| 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 | $215,689 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $831,248 |
| 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, Havens Foundation Inc has awarded $58,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS AM UNIVERSITY PURPOSE: FUND SCHOLARSHIPS | $28,000 |
COLLEGE OF VETERINARY MEDICINE PURPOSE: FUND SCHOLARSHIPS | $20,000 |
DALLAS BAPTIST UNIVERSITY PURPOSE: FUND SCHOLARSHIPS | $10,000 |