James W And Lorraine E Hill Foundation is located in Minden, NV. The organization was established in 2008. 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. James W And Lorraine E Hill 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, James W And Lorraine E Hill Foundation generated $15.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $12.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur L Simpson Trustee | 0 | $0 | |
Mark A Marsh President | 0 | $0 | |
Billy J Barbie Secretary | 0 | $0 | |
Michael E Williams Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $20,233 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,285 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,444 |
| Total Revenue | $15,515 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $449 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,480 |
| Total operating and administrative expenses | $8,454 |
| Contributions, gifts, grants paid | $4,250 |
| Total expenses and disbursements | $12,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,484 |
| 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 | $11,690 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $324,084 |
| 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, James W And Lorraine E Hill Foundation has awarded $4,250 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DAYTON VALLEY VFW POST 866 PURPOSE: VETERANS | $250 |
VETERANS GUEST HOUSE PURPOSE: VETERANS BENEFITS | $1,000 |
AMERICAN LEGION 56 PURPOSE: VETERANS | $500 |
SALVATION ARMY - CARSON CITY PURPOSE: HELP THE NEEDY | $500 |
SALVATION ARMY - RENO MEN IN LAKE PURPOSE: HELP THE NEEDY | $1,500 |
KIT CARSON POST VFW 3736 PURPOSE: VETERANS BENEFIT | $500 |