Hillis Family Foundation Inc
- Assets
- $1.6m
- Revenue
- $107.2k
- Investments
- $1.6m
- Employees
- 0
- Location
- Hudson, MA
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-3363268
Organization Overview
Hillis Family Foundation Inc is located in Hudson, MA. The organization was established in 2019. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hillis Family 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 12/2023, Hillis Family Foundation Inc generated $107.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $192.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hillis Family Foundation Inc has awarded 96 individual grants totaling $651,493. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W Hillis President | 5 | $0 | |
Jeffrey W Hillis Treasurer | 5 | $0 | |
Patrice M Muchowski Clerk/director | 5 | $0 | |
Carolanne Hillis Director | 1 | $0 | |
David W Hillis Jr Director | 1 | $0 | |
Susan Hillis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,648 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,562 |
| Capital Gain Net Income | $52,562 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,210 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $273 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,435 |
| Total operating and administrative expenses | $13,103 |
| Contributions, gifts, grants paid | $179,000 |
| Total expenses and disbursements | $192,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,935 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,600,236 |
| 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, Hillis Family Foundation Inc has awarded $179,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ABBY'S HOUSE PURPOSE: TO FUND CONTINUING CHARITABLE PURPOSES | $1,500 |
ADCARE EDUCATIONAL INSTITUTE PURPOSE: TO FUND CONTINUING CHARITABLE PURPOSES | $5,000 |
ALZHEIMERS FOUNDATION PURPOSE: TO FUND CONTINUING CHARITABLE PURPOSES | $2,000 |
AMERICAN CANCER SOCIETY PURPOSE: TO FUND CONTINUING CHARITABLE PURPOSES | $1,500 |
BOSTON COLLEGE PURPOSE: TO FUND CONTINUING CHARITABLE PURPOSES | $2,500 |
CATHOLIC CHARITIES PURPOSE: TO FUND CONTINUING CHARITABLE PURPOSES | $3,000 |