Haddad Foundation Inc
- Assets
- $485.3k
- Revenue
- $39.2k
- Investments
- $474.3k
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 10/2003
- Data as of
- 12/2022
- EIN
- 81-0604103
Organization Overview
Haddad Foundation Inc is located in Charleston, WV. The organization was established in 2003. 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. Haddad 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, Haddad Foundation Inc generated $39.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $51.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Haddad Foundation Inc has awarded 40 individual grants totaling $377,808. 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 |
|---|---|---|---|
Karen White Haddad President | 1 | $0 | |
Deborah S Haddad Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,065 |
| Interest on Savings | $85 |
| Dividends & Interest | $13,864 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$863 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $688 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,797 |
| Contributions, gifts, grants paid | $46,000 |
| Total expenses and disbursements | $51,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,979 |
| 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 | $485,279 |
| 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, Haddad Foundation Inc has awarded $46,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: KENTUCKY FLOODS | $5,000 |
RONALD MCDONALD HOUSE CHARITIES OF SOUTHERN WV PURPOSE: GENERAL FUND RAISING | $1,000 |
THE LIBRARY FOUNDATION OF KANAWHA COUNTY INC PURPOSE: GENERAL FUNDRAISING | $10,000 |
THE CLAY CENTER PURPOSE: SUPPORT CLAY2GO MOBILE EXHIBIT | $10,000 |
WEST VIRGINIA UNIVERSITY FOUNDATION PURPOSE: TO ADVANCE THE WORK AND MISSION OF WVU MEDICINE CHILDREN'S | $20,000 |