The Hexberg Family Foundation
- Assets
- $0.0
- Revenue
- $1.7m
- Investments
- $16.7m
- Employees
- 0
- Location
- Laguna Beach, CA
- Founding
- 12/2002
- Data as of
- 12/2020
- 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 12/2020, Hexberg Family Foundation generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hexberg Family Foundation has awarded 510 individual grants totaling $5,882,300. 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 |
|---|---|---|---|
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 | $1,341,000 |
| Interest on Savings | $6,177 |
| Dividends & Interest | $294,243 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,720 |
| Total Revenue | $1,701,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $200 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $114,612 |
| Contributions, gifts, grants paid | $1,183,300 |
| Total expenses and disbursements | $1,297,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Investments—mortgage loans | $0 |
| Investments—other | $13,061,824 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $161,730 |
Grants Awarded
Over the last fiscal year, The Hexberg Family Foundation has awarded $1,295,200 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND CLINIC PURPOSE: SUPPORT ACADEMIC MEDICAL CENTER | $100,000 |
PRINCIPIA PURPOSE: CHRISTIAN SCIENCE HIGH SCHOOL AND COLLEGE PROGRAMS | $100,000 |
THE ECOLOGY CENTER PURPOSE: PROVIDE TOOLS AND EDUCATION TO INSPIRE ECOLOGICAL SOLUTIONS AND TRANSFORM COMMUNITIES | $75,000 |
SCHOOL POWER LAGUNA BEACH EDUCATION FOUNDATION PURPOSE: PROVIDE EDUCATIONAL AND EXTRA-CURRICULAR PROGRAMS FOR LAGUNA PUBLIC SCHOOLS | $50,000 |
TICONDEROGA REVITALIZATION ALLIANCE PURPOSE: WORK TO RESTORE ECONOMIC PROSPERITY IN THE TICONDEROGA REGION | $50,000 |
PRINCIPIA PURPOSE: CHRISTIAN SCIENCE HIGH SCHOOL AND COLLEGE PROGRAMS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The 1440 Foundation Saratoga, CA | $206,653,487 | $19,808,457 |
Merkin Family Foundation Marina Del Rey, CA | $241,752,328 | $31,870,945 |
Hopper-Dean Foundation Menlo Park, CA | $45,438,431 | $29,723,797 |
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Connie And Bob Lurie Foundation Inc Redwood City, CA | $112,597,495 | $25,457,180 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Meadowview Foundation San Rafael, CA | $189,484,174 | $15,305,967 |
Pwb Foundation San Francisco, CA | $347,304,916 | $12,423,770 |
Jeffrey Carlton Charitable Foundation Udt Dated April 10 2009 Villa Park, CA | $0 | $7,778,728 |
Autodesk Foundation San Francisco, CA | $47,337 | $16,300,000 |
Priem Family Foundation Burlingame, CA | $0 | -$4,034,198 |