Hitchman Foundation
- Assets
- $0.0
- Revenue
- $238.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- Data as of
- 12/2018
- EIN
- 93-0572469
Organization Overview
Hitchman Foundation is located in Salem, OR.
For the year ending 12/2018, Hitchman Foundation generated $238.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.9% each year . All expenses for the organization totaled $2.2m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Aldrich President | 1 | $0 | |
Pam Scott Secretary | 0.1 | $0 | |
Keith Bauer Treasurer | 0.1 | $0 | |
Mark Burnham Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $69 |
| Dividends & Interest | $56,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $181,991 |
| Capital Gain Net Income | $181,991 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $238,139 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,939 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,161 |
| Total operating and administrative expenses | $24,180 |
| Contributions, gifts, grants paid | $2,162,134 |
| Total expenses and disbursements | $2,186,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Hitchman Foundation has awarded $2,162,134 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE SALEM FOUNDATION PURPOSE: DONOR-ADVISED FUND - SERVING NUMEROUS CHARITIES IN THE SALEM, OREGON AREA | $1,000,000 |
ASSISTANCE LEAGUE OF SALEM PURPOSE: OPERATION SCHOOL BELL PROGRAM - SERVE OVER 3,000 LOW-INCOME, HIGH RISK SCHOOL CHILDREN. | $15,000 |
BOYS & GIRLS CLUB OF SALEM MARION & POLK COUNTY FOUNDATION PURPOSE: SUPPORT BOYS & GIRLS CLUB OF SALEM PROGRAMS VIA THEIR FOUNDATION'S ENDOWMENT | $1,101,634 |
FAMILY BUILDING BLOCKS PURPOSE: SUPPORT OF THERAPEUTIC EDUCATION CLASSROOM TO PROVIDE NURTURING SUPPORT TO AT RISK KIDS. | $25,000 |
ST VINCENT DE PAUL SOCIETY PURPOSE: PURCHASE FOOD AND EMERGENCY SERVICES FOR THOSE IN NEED. | $11,000 |
YOUNG LIFE - GREATER SALEM PURPOSE: CAMP SCHOLARSHIP. | $3,500 |