Thomas A And Lucille B Horne Foundation
- Assets
- $1.6m
- Revenue
- $118.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Kaysville, UT
- Founding
- 08/1979
- Data as of
- 12/2023
- EIN
- 94-2594430
Organization Overview
Thomas A And Lucille B Horne Foundation is located in Kaysville, UT. The organization was established in 1979. 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. Thomas A And Lucille B Horne 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 12/2023, Thomas A And Lucille B Horne Foundation generated $118.8k 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 (3.9%) each year. All expenses for the organization totaled $106.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomas A And Lucille B Horne Foundation has awarded 108 individual grants totaling $1,025,450. 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 |
|---|---|---|---|
Thomas B Horne Trustee | 0 | $0 | |
Susan S Horne Trustee | 0 | $0 | |
Briony Horne Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,127 |
| Interest on Savings | $20,200 |
| Dividends & Interest | $31,362 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,907 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $101 |
| Total operating and administrative expenses | $12,179 |
| Contributions, gifts, grants paid | $94,000 |
| Total expenses and disbursements | $106,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,682 |
| 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 | $1,637,553 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,648,235 |
| 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, Thomas A And Lucille B Horne Foundation has awarded $94,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PRIMARY CHILDRENS MEDICAL CENT PURPOSE: CARE OF CHILDREN | $10,000 |
CHURCH OF JESUS CHRIST PURPOSE: MISSIONARY & HUMANITARIAN DONATIONS | $40,000 |
SALVATION ARMY PURPOSE: CARE OF NEEDY | $5,000 |
SALT LAKE EDUCATION FOUNDATION PURPOSE: PUBLIC EDUCATION | $15,000 |
SHRINER'S HOSPITAL PURPOSE: CARE OF CHILDREN | $10,000 |
UTAH FOOD BANK PURPOSE: CARE OF NEEDY | $5,000 |