Hawthorne Family Foundation
- Assets
- $1.0m
- Revenue
- $25.3k
- Investments
- $999.4k
- Employees
- 0
- Location
- Boca Grande, FL
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 81-5377037
Organization Overview
Hawthorne Family Foundation is located in Boca Grande, FL. The organization was established in 2018. 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. Hawthorne Family 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 12/2022, Hawthorne Family Foundation generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $129.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hawthorne Family Foundation has awarded 78 individual grants totaling $233,133. 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
GRANTS TO OTHER 501(C)(3) ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce N Hawthorne Trustee | 1 | $0 | |
Cathleen A Hawthorne Trustee | 1 | $0 | |
Brian M Hawthorne Executive Di | 2 | $35,398 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $394 |
| Dividends & Interest | $24,109 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $770 |
| Capital Gain Net Income | $770 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,398 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,134 |
| Interest | $0 |
| Taxes | $4,632 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,610 |
| Total operating and administrative expenses | $61,717 |
| Contributions, gifts, grants paid | $67,450 |
| Total expenses and disbursements | $129,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,835 |
| 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 | $948 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,031,147 |
| 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 | $33,479 |
| Total liabilities | $33,479 |
Grants Awarded
Over the last fiscal year, Hawthorne Family Foundation has awarded $67,450 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MICHIGAN BUSINESS SCH PURPOSE: EDUCATIONAL | $5,000 |
BENZIE AREA CHRISTIAN NEIGHBORS PURPOSE: COMMUNITY SUPPORT | $11,000 |
BENZIE CENTRAL BAND BOOSTER PURPOSE: EDUCATIONAL | $50 |
BOCA GRANDE WOMENS CLUB PURPOSE: SCHOLARSHIP FUND | $2,000 |
BENZIE FOOD PARTNERS PURPOSE: FOOD ASSISTANCE | $2,000 |
BOCA GRANDE HEALTH CLINIC FOUND PURPOSE: FUND HEALTH SERVICES | $5,000 |