Strong Foundation
- Assets
- $23.3m
- Revenue
- $1.1m
- Investments
- $22.9m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 11/1933
- Data as of
- 08/2023
- EIN
- 99-0090807
Organization Overview
Strong Foundation is located in Honolulu, HI. The organization was established in 1933. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Strong 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 08/2023, Strong Foundation generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.8m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Strong Foundation has awarded 92 individual grants totaling $7,300,721. 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 |
|---|---|---|---|
Anne Strong Carter President, Trustee | 1 | $0 | |
Charles M Holland Jr Vice President, Trustee | 1 | $0 | |
Edward C Baldwin Treasurer, Trustee | 1 | $0 | |
Kristina Lyons-Lambert Secretary, Trustee | 1 | $0 | |
Henry F Rice Trustee | 1 | $0 | |
Paul L Wysard Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $631,385 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $456,467 |
| Capital Gain Net Income | $456,467 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,130 |
| Total Revenue | $1,088,982 |
| 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 | $6,620 |
| Total operating and administrative expenses | $198,434 |
| Contributions, gifts, grants paid | $1,595,000 |
| Total expenses and disbursements | $1,793,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,292 |
| 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 | $12,117,125 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,328,378 |
| 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, Strong Foundation has awarded $1,595,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ASSISTANCE DOGS OF HAWAII PURPOSE: ASSISTANCE DOGS OF HAWAII HONOLULU OFFICE | $100,000 |
BALLET HAWAII PURPOSE: THE NUTCRACKER RELOCATION DURING BLAISDELL RENOVATION | $25,000 |
BISHOP MUSEUM PURPOSE: SCIENCE AND SUSTAINABILITY FESTIVAL | $50,000 |
BOYS & GIRLS CLUB OF HAWAII PURPOSE: PU'UHONUA INITIATIVE | $50,000 |
BOYS & GIRLS CLUB OF MAUI PURPOSE: REBUILDING PROMISING FUTURES IN PAUKUKALO | $100,000 |
CHILD & FAMILY SERVICES PURPOSE: FROM HOPE TO STRENGTH: A PLACE OF FAMILIES AND YOUTH IN CRISIS | $100,000 |