Walter & Hazel Hinman Foundation
- Assets
- $270.7k
- Revenue
- $9.6k
- Investments
- $210.1k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 10/1969
- Data as of
- 06/2024
- EIN
- 91-6072827
Organization Overview
Walter & Hazel Hinman Foundation is located in Seattle, WA. The organization was established in 1969. 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. Walter & Hazel Hinman 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 06/2024, Walter & Hazel Hinman Foundation generated $9.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $23.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Walter & Hazel Hinman Foundation has awarded 44 individual grants totaling $194,970. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,814 |
| Dividends & Interest | $5,472 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,296 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $116 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $260 |
| Total operating and administrative expenses | $8,571 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $23,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,623 |
| 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 | $50,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $270,720 |
| Accounts payable and accrued expenses | $2,500 |
| Grants payable | $17,500 |
| 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 | $20,000 |
Grants Awarded
Over the last fiscal year, Walter & Hazel Hinman Foundation has awarded $15,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON STATE UNIVERSI PURPOSE: SCHOLARSHIP | $5,000 |
WASHINGTON STATE PHARMACY PURPOSE: CHARITABLE | $2,500 |
UNIVERSITY OF WASHINGTON PURPOSE: SCHOLARSHIP | $5,000 |
CHILDRENS HOSPITAL MEDICA PURPOSE: CHARITABLE | $2,500 |