Hammer International Foundation
- Assets
- $57.4m
- Revenue
- $765.8k
- Investments
- $47.0m
- Employees
- 0
- Location
- Encino, CA
- Founding
- 09/1996
- Data as of
- 12/2022
- EIN
- 98-0153886
Organization Overview
Hammer International Foundation is located in Encino, CA. The organization was established in 1996. 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. Hammer International 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 12/2022, Hammer International Foundation generated $765.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $763.7k during the year ending 12/2022. 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 |
|---|---|---|---|
Mark Alfano Treasurer | 10 | $0 | |
Rex Alexander Vice President | 1 | $0 | |
Samuel I Ltd Director | 1 | $0 | |
Misty Hammer President | 1 | $0 | |
Michael A Hammer Director | 1 | $0 | |
Jeff Katofsky Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Huselton Morgan & Maultsby | 12/30/21 | $65,582 |
Bull Canyon Inc | 12/30/21 | $60,000 |
Barton Law Offices | 12/30/21 | $75,010 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,127 |
| Interest on Savings | $63,230 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $644,772 |
| Capital Gain Net Income | $68,016 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $53,655 |
| Total Revenue | $765,784 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,167 |
| Taxes | $0 |
| Depreciation | $151,003 |
| Occupancy | $17,342 |
| Travel, conferences, and meetings | $21,887 |
| Printing and publications | $0 |
| Other expenses | $261,109 |
| Total operating and administrative expenses | $588,714 |
| Contributions, gifts, grants paid | $175,000 |
| Total expenses and disbursements | $763,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,071 |
| Savings and temporary cash investments | $49,436 |
| 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 | $7,003,509 |
| Investments—mortgage loans | $0 |
| Investments—other | $44,547,470 |
| Net Land, buildings, and equipment | $3,183,640 |
| Other assets | $7,847 |
| Total assets | $57,386,532 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Hammer International Foundation has awarded $175,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PEPPERDINE UNIVERSITY PURPOSE: GENERAL OPERATIONS | $100,000 |
BACA PINEY WOODS CHAPTER PURPOSE: GENERAL OPERATIONS | $5,000 |
THE DREAM CENTER PURPOSE: GENERAL OPERATIONS | $20,000 |
ARMAND HAMMER MUSEUM OF ART PURPOSE: GENERAL OPERATIONS | $50,000 |