Hammer Family Charitable Giving Foundation
- Assets
- $11.8m
- Revenue
- $2.4m
- Investments
- $10.8m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- Data as of
- 12/2022
- EIN
- 83-4615985
Organization Overview
Hammer Family Charitable Giving Foundation is located in Charlottesville, VA. 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. Hammer Family Charitable Giving 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, Hammer Family Charitable Giving Foundation generated $2.4m 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 (31.3%) each year.
Since 2021, Hammer Family Charitable Giving Foundation has awarded 11 individual grants totaling $1,080,000. 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 |
|---|---|---|---|
Ann Bailey Hammer President | 0.1 | $0 | |
Neil Robert Hammer Secy & Treas | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,922,400 |
| Interest on Savings | $0 |
| Dividends & Interest | $247,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $271,882 |
| Capital Gain Net Income | $2,194,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,441,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,922 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,139 |
| Total operating and administrative expenses | $106,670 |
| Contributions, gifts, grants paid | $615,000 |
| Total expenses and disbursements | $721,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,060,011 |
| 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 | $11,845,265 |
| 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, Hammer Family Charitable Giving Foundation has awarded $615,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BATH PATH UNIVERSITY PURPOSE: GENERAL | $50,000 |
BIGHORN BAM PURPOSE: GENERAL | $10,000 |
BIGHORN CARES PURPOSE: GENERAL | $15,000 |
COLUMBIA BUSINESS SCHOOL PURPOSE: GENERAL | $500,000 |
IMENTOR PURPOSE: GENERAL | $40,000 |