The Hexberg Family Foundation
- Assets
- $19.2m
- Revenue
- $1.5m
- Investments
- $17.5m
- Employees
- 0
- Location
- Laguna Beach, CA
- Founding
- 12/2002
- Data as of
- 12/2022
- EIN
- 91-2172555
Organization Overview
The Hexberg Family Foundation is located in Laguna Beach, CA. The organization was established in 2002. 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. Hexberg 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, Hexberg Family Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hexberg Family Foundation has awarded 672 individual grants totaling $8,810,236. 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 |
|---|---|---|---|
Gregory Hexberg Trustee | 1 | $0 | |
Jill Hexberg Trustee | 0.1 | $0 | |
Deborah L Hexberg Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,100,000 |
| Interest on Savings | $5,238 |
| Dividends & Interest | $373,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,426 |
| Capital Gain Net Income | $27,426 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,736 |
| Total Revenue | $1,521,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $275 |
| Taxes | $34,517 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,325 |
| Printing and publications | $0 |
| Other expenses | $118,551 |
| Total operating and administrative expenses | $194,943 |
| Contributions, gifts, grants paid | $1,415,990 |
| Total expenses and disbursements | $1,610,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,653,165 |
| 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 | $4,615 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,102,691 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,152,831 |
| 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 | $304,883 |
| Total liabilities | $304,883 |
Grants Awarded
Over the last fiscal year, The Hexberg Family Foundation has awarded $1,511,946 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
MAY-TREANOR OHANA FOUNDATION PURPOSE: SUPPORT YOUTH SPORTS, ANIMAL RESCUES AND SCHOLARSHIPS | $2,500 |
ACTIVE DISCOVERY PURPOSE: FOSTER ACTIVITY, ENCOURAGE LEARNING, LAUNCH DISCOVERY FOR CHILDREN | $3,000 |
ARMED SERVICES YMCA OF THE USA PURPOSE: PROVIDE PROGRAMS AND SERVICES TO TROOPS AND THEIR FAMILIES | $12,000 |
AMERICAN RED CROSS PURPOSE: PROVIDE EMERGENCY SERVICES AND AID TO THOSE IN NEED | $45,000 |
BIG BROTHERS BIG SISTERS OF ORANGE COUNTY PURPOSE: PROVIDE MENTORING TO AT-RISK YOUTH | $7,000 |
ADVENTURE UNLIMITED PURPOSE: SUPPORT THE PROGRAMS THE ORGANIZATON OFFERS TO CHRISTIAN SCIENCE YOUTH, FAMILY & FRIENDS | $50,000 |