The Halle Foundation

Tax-deductible

Atlanta, GA501(c)(3)Foundations & GrantmakersEIN 58-6201529Revenue $5.7M in FY2024

On file with the IRSthehallefoundation.org1180 W Conway Dr Nw, 30327-3642 · Atlanta, GATax-exempt since Jun 1999Supporting organization — 509(a)(3)

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Promotes and strengthens US-germany relationship through grants for educational purposes and other charitable programs and activities.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 3 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $167K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$308K
to officers and key staff · 9% of spending
Top officer’s pay higher than 96% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 16.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.5M
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.7M
+268% vs prior year
Spent
$3.6M
To programs
88%
Net assets
$94.4M
By yearFY2020–FY2024
Revenue
$5.7M
FY2024▲ +268%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.8M
FY2021$1.9M
FY2022−$25K
FY2023$1.6M
FY2024$5.7M
Expenses
$3.6M
FY2024▼ -0.6%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.4M
FY2021$3.0M
FY2022$3.1M
FY2023$3.6M
FY2024$3.6M
Net assets
$94.4M
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$91.7M
FY2021$96.6M
FY2022$83.2M
FY2023$89.3M
FY2024$94.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $3.2M Management & general 12% · $426K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $308K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$308,269Pt VII · Sec A
Chairman and Trustee
$0Pt VII · Sec A
Trustee - Passed Away During 2024
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee - Added 6/2024
$0Pt VII · Sec A

W Marshall Sanders’s $308K as Executive Director is at the 96th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
W Marshall Sanders$308,269$295,011$290,118$260,988$261,960
Dr Eike Jordan————$201,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Halle Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Awards grants to educational and cultural institutions to strengthen the relationship and promote understanding between the United States and Germany.

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Provided by the organization

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1 program · $3.2M · in their own filed words · FY2024
01

The foundation supports initiatives in the fields of culture, science, technology, commerce, language, scholarship, and international relations that take place under the auspices of emory university and other universities and colleges, the robert w.

$3.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 109 grants · $7.0M · 2020–2024
University of GeorgiaFY2024$177,404
Kennesaw State UniversityFY2024$169,400
Georgia Tech Foundation INCGA · FY2024$154,594
The Atlanta Opera INCGA · FY2024$125,000
Georgia Southern UniversityFY2024$93,662
Morehouse CollegeGA · FY2024$84,200
Dalton Public SchoolsFY2024$80,924
Friends of Goethe INCGA · FY2024$60,084
Georgia College & State UniversityFY2024$54,000
Emory UniversityGA · FY2024$49,732
Georgia Boy Choir INCGA · FY2024$34,000
Piedmont University INCGA · FY2024$32,600
See all 109 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Investment incomeLn 3$5.7M
Money outPt IX
$3.6M
Ln 25
Programscol B$3.2M
Managementcol C$426K
Owns and owesPt X
$94.4M
net assets · Ln 32
Cash and savingsLn 1–2$4.9M
Total assetsLn 16$97.9M
LiabilitiesLn 26$3.5M
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$5.7M
Gains on assetsLn 7$3.9M
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
SavingsLn 2$4.9M
Cash and savings togetherLn 1–2$4.9M
InvestmentsLn 11–13$83.3M
Land, buildings, equipmentLn 10c$9.6M
Total assetsLn 16$97.9M
LiabilitiesLn 26$3.5M
Net assetsLn 32$94.4M
OperationsPt I, VI
EmployeesI 52
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.1M$4.9M
InvestmentsLn 11–13$82.1M$83.3M
Land, buildings, equipmentLn 10c$9.7M$9.6M
Total assetsLn 16$92.9M$97.9M
LiabilitiesLn 26$3.6M$3.5M
Net assetsLn 32$89.3M$94.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.9M$1.9M
Grants and assistance to foreign recipientsLn 3$227K$227K
Pay of current officers, directors and key staffLn 5$308K$253K$55K
Other salaries and wagesLn 7$100K$82K$18K
Pension plan contributionsLn 8$36K$29K$6K
Payroll taxesLn 10$21K$18K$4K
Legal feesLn 11b$52K$46K$6K
Accounting feesLn 11c$58K$58K
Investment management feesLn 11f$164K$164K
Other fees for servicesLn 11g$190K$180K$10K
Office expensesLn 13$105K$94K$11K
Information technologyLn 14$14K$14K
OccupancyLn 16$184K$183K$1K
TravelLn 17$31K$31K
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$102K$97K$5K
InsuranceLn 23$42K$39K$3K
Other expenses (24a–d)Ln 24$60K$25K$35K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$3.6M$3.2M$426K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $5.7M$3.6M$2.1M$94.4M 990 PDF
FY2023 $1.6M$3.6M−$2.1M$89.3M 990 PDF
FY2022 −$25K$3.1M−$3.1M$83.2M 990 PDF
FY2021 $1.9M$3.0M−$1.1M$96.6M 990 PDF
FY2020 $5.8M$2.4M$3.4M$91.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $5,705,894 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,550,154$5,705,894
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,550,154$5,705,894
I-13 Grants and similar amounts paidPrior year $2,167,639$2,133,406
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $474,293$465,303
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $984,109$1,006,110
I-18 Total expensesPrior year $3,626,041$3,604,819
I-19 Revenue less expensesPrior year −$2,075,887$2,101,075
Part VI · Governance 3 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,705,894 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $1,774,607$1,774,607
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,931,287$3,931,287
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $5,705,894$5,705,894
Part IX · Statement of functional expenses $3,604,819 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $1,906,543$1,906,543
IX-3 Grants and assistance to foreign recipientsPrograms $226,863$226,863
IX-5 Pay of current officers, directors and key staffPrograms $252,780 · Management $55,489$308,269
IX-7 Other salaries and wagesPrograms $81,928 · Management $17,984$99,912
IX-8 Pension plan contributionsPrograms $29,299 · Management $6,431$35,730
IX-10 Payroll taxesPrograms $17,541 · Management $3,851$21,392
IX-11b Legal feesPrograms $46,262 · Management $5,676$51,938
IX-11c Accounting feesManagement $58,500$58,500
IX-11f Investment management feesManagement $163,731$163,731
IX-11g Other fees for servicesPrograms $180,000 · Management $10,179$190,179
IX-13 Office expensesPrograms $93,941 · Management $10,713$104,654
IX-14 Information technologyManagement $14,356$14,356
IX-16 OccupancyPrograms $183,217 · Management $1,009$184,226
IX-17 TravelManagement $30,678$30,678
IX-19 Conferences, conventions and meetingsManagement $3,024$3,024
IX-22 Depreciation, depletion and amortizationPrograms $96,551 · Management $5,082$101,633
IX-23 InsurancePrograms $39,087 · Management $2,829$41,916
IX-24 Other expenses (24a–d)Programs $24,684 · Management $35,263$59,947
IX-24e All other expensesManagement $1,328$1,328
IX-25 Total functional expensesPrograms $3,178,696 · Management $426,123 · Fundraising $0$3,604,819
Part X · Balance sheet $97,919,404 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,052,862$4,947,245
X-9 Prepaid expenses and deferred chargesStart of year $19,510$21,359
X-10c Land, buildings and equipment, netStart of year $9,741,615$9,639,981
X-11 Publicly traded securitiesStart of year $81,582,289$82,860,217
X-12 Other securitiesStart of year $475,041$450,602
X-16 Total assetsStart of year $92,871,317$97,919,404
X-17 Accounts payable and accrued expensesStart of year $9,864$19,388
X-18 Grants payableStart of year $3,573,550$3,521,160
X-25 Other liabilitiesStart of year $1,000$1,000
X-26 Total liabilitiesStart of year $3,584,414$3,541,548
X-27 Net assets without donor restrictionsStart of year $79,596,812$84,786,620
X-28 Net assets with donor restrictionsStart of year $9,690,091$9,591,236
X-32 Total net assets or fund balancesStart of year $89,286,903$94,377,856
X-33 Total liabilities and net assetsStart of year $92,871,317$97,919,404
Part XI · Reconciliation of net assets $94,377,856 net assets at year end
XI-1 Total revenue$5,705,894
XI-2 Total expenses$3,604,819
XI-3 Revenue less expenses$2,101,075
XI-4 Net assets at start of year$89,286,903
XI-5 Net unrealized gains (losses) on investments$2,989,879
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$94,377,856

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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