Hunter Foundation EIN 54-0801148 Form 990 (PDF) Claim this org

Hunter Foundation FY2021 filing

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A private foundation based in Virginia Beach, VA. It reported about $576K in revenue for 2020. For fiscal year 2021 it reported $576K in revenue, $447K in expenses, and $2.4M in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Virginia Beach, VA
Filings
6 on file (2020–2021)
Revenue
$576KFY2021
Expenses
$447K
Net assets
$2.4M
People
0
Filings
6
Updates
0
More identity details & actions ⌄
EIN  54-0801148 Private foundation / grantmaker Virginia Beach, VA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
A private foundation based in Virginia Beach, VA. It reported about $576K in revenue for 2020.
Money in and out
$576K revenue, $447K expenses
Bottom line
Grants paid & assets · FY2021
Total revenue
$576K
Pt VIII · Ln 12
Total expenses
$447K
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $129K
Total assets
2.4M
deployed as grants and operations

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$576K
FY2021▲ +57%
Expenses
$447K
FY2021▲ +4%
Total assets
$2.4M
FY2021▲ +6%
Total liabilities
$2K
FY2021▼ -16%
Total assetsPt II$2.4M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHunter Foundation
EINHdr · item D54-0801148
Principal addressHdr · item CVirginia Beach, VA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1967

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Hunter Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income99%$571K
Contributions & grants$2K
Other revenue$3K
Total revenueLn 12$576K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Operating & administrative $1.00
Operating & administrative100%$447K
Total functional expensesLn 25$447K

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$2.4M
Total liabilitiesLn 26$2K
Total net assetsLn 32$2.4M
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $2.4M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $576K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $576K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $576K · Prior year $368K
+57%
Net-asset trend (YoY)
End of year $2.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $576K · Expenses $447K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $2.4M
Net-asset ratio
Net assets $2.4M · Total assets $2.4M
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $447K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 57%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$444K revenue · ⤓ 990 PDF
FY2024$444K revenue · ⤓ 990 PDF
FY2023$562K revenue · ⤓ 990 PDF
FY2022$336K revenue · ⤓ 990 PDF
FY2021$576K revenue · viewing · ⤓ 990 PDF
FY2020$368K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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