Hutto-Patterson Charitable Foundation
- Assets
- $3.0m
- Revenue
- $583.8k
- Investments
- $3.0m
- Employees
- 0
- Location
- Encino, CA
- Founding
- 11/1998
- Data as of
- 09/2023
- EIN
- 95-4181302
Organization Overview
Hutto-Patterson Charitable Foundation is located in Encino, CA. The organization was established in 1998. 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. Hutto-Patterson Charitable 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 09/2023, Hutto-Patterson Charitable Foundation generated $583.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $904.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hutto-Patterson Charitable Foundation has awarded 120 individual grants totaling $9,584,082. 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 |
|---|---|---|---|
Eileen C Hutto Vice President | 2 | $15,656 | |
Harry L Hathaway Trustee | 2 | $15,651 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $134,967 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $448,830 |
| Capital Gain Net Income | $448,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $583,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,307 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,762 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $324 |
| Total operating and administrative expenses | $112,191 |
| Contributions, gifts, grants paid | $792,500 |
| Total expenses and disbursements | $904,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,560 |
| 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 | $3,034,887 |
| 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, Hutto-Patterson Charitable Foundation has awarded $792,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LAWRENCE UNIVERSITY PURPOSE: STUDENT SCHOLARSHIP | $100,000 |
UC BERKELEY CONNECT PROGRAM PURPOSE: STUDENT PROGRAM | $62,500 |
ART CENTER COLLEGE OF DESIGN PURPOSE: ART PROGRAM | $50,000 |
UOP SCHOOL OF DENTISTRY PURPOSE: PEDIATRIC DENTISTRY CLINIC | $130,000 |
USC OSTROW - MOBILE CLINIC PURPOSE: PEDIATRIC DENTISTRY | $150,000 |
USC OSTROW-SOCIAL WORK PURPOSE: SCHOLARSHIP PROGRAM | $150,000 |