Sharing Foundation is located in Concord, MA. The organization was established in 1998. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharing 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 03/2022, Sharing Foundation generated $781.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $595.5k during the year ending 03/2022. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ROTEANG CHILDREN'S CENTER REPRESENTS A NEW STANDARD OF HYGIENE, MEDICAL SERVICES, NUTRITION, AND COMPASSIONATE CARE FOR CHILDREN OF CAMBODIA. ORPHANS ARE ADMITTED WITHOUT REGARD FOR MEDICAL DIAGNOSIS OR CONGENITAL ABNORMALITIES. THE ORPHANAGE IS HOME TO 66 CHILDREN AND TEENS, NEARLY ALL OF WHOM WILL REMAIN IN THE ORGANIZATION'S CARE INDEFINITELY. THE ORGANIZATION MAINTAINS A MONTESSORI-MODELED PRESCHOOL PROGRAM ONSITE, SERVING OVER 40 CHILDREN, SIX DAYS A WEEK. THE ORGANIZATION ALSO PROVIDES GENERAL SUPPORT FOR MORE THAN 500 CHILDREN WHO ATTEND THE ROTEANG VILLAGE PUBLIC SCHOOL BY DONATING SUPPLIES AND UNIFORMS FOR NEEDY STUDENTS. THE ORGANIZATION BUILT A PLAYGROUND, CLASSROOMS AND LIBRARY FOR THE SCHOOL.
THE ORGANIZATION MAINTAINS A HIGH SCHOOL SPONSORSHIP PROGRAM, A UNIVERSITY SPONSORSHIP PROGRAM, AND AN ENGLISH LANGUAGE SCHOOL. THE HIGH SCHOOL PROGRAM MAKES ATTENDANCE WITH QUALITY SMALL GROUP INSTRUCTION POSSIBLE FOR APPROXIMATELY 40 STUDENTS, AS WELL AS PROVIDING UNIFORMS AND SUPPLIES. THE ORGANIZATION ALSO SPONSORS UNIVERSITY EDUCATION FOR APPROXIMATELY 35 HIGH SCHOOL GRADUATES WHO PASS THE NATIONAL HIGH SCHOOL GRADUATION EXAMS. THE ORGANIZATION RENTS DORMITORY SPACE IN PHNOM PENH FOR UNIVERSITY STUDENTS AND PROVIDES TUITION, ROOM, BOARD, FURNISHINGS, BOOKS, BICYCLES AND UNIFORMS. THE ORGANIZATION RUNS AN ENGLISH LANGUAGE PROGRAM AT ROTEANG VILLAGE SCHOOL WHICH SERVES APPROXIMATELY 425 STUDENTS. THE ORGANIZATION HIRES AND PAYS THE ENGLISH TEACHERS WHO ARE UNIVERSITY GRADUATES, AND PROVIDES GENERAL SUPPORT TO THE ROTEANG VILLAGE SCHOOL. IN ADDITION, THE ORGANIZATION SUPPORTS ENGLISH LANGUAGE INSTRUCTION AT A NEARBY VILLAGE.
THE POOREST FAMILIES OF ROTEANG VILLAGE ARE SERVED BY THE FARM PROJECT. THE ORGANIZATION LEASES TEN ACRES OF LAND AND PROVIDES SEEDS, TOOLS, AND IRRIGATION EQUIPMENT TO INDIGENT FARMERS WHO GROW THEIR OWN VEGETABLES. THE SURPLUS IS SOLD, PROVIDING FAMILIES WITH HOME IMPROVEMENT CREDITS THAT CAN BE EXCHANGED FOR ROOFS, TOILETS, AND WATER COLLECTION TANKS. THE ORGANIZATION ALSO PROVIDES FUNDING FOR THE KHMER LITERACY SCHOOL (HEAD START) ON THE FARMLAND FOR 138 CHILDREN OF ILLITERATE FARMERS.
SUPPORT OF THE SEWING SCHOOL, WHICH EMPLOYS LOCAL SEAMSTRESSES TO SEW SCHOOL UNIFORMS WHICH ARE DONATED TO CAMBODIAN CHILDREN. THEY ALSO CREATE PURSES AND OTHER CRAFTS TO SELL IN THE US TO RAISE FUNDS FOR THE SEWING PROGRAM AND TO RAISE AWARENESS OF OTHER CAMBODIAN PROGRAMS; THE COMPUTER SCHOOL OFFERS CLASSES USING DONATED COMPUTERS TO TEACH BASIC COMPUTER LITERACY; SUPPORT FOR THE KAMPONG SPEU ORPHANAGE, A POOR GOVERNMENT ORPHANAGE NEAR PHNOM PENH, WHERE THE MONTHLY CONTRIBUTION HELPS OFFSET COSTS FOR FOOD, NANNIES AND MAINTENANCE; IMMUNIZATION OF ALL CHILDREN IN THE ROTEANG CHILDREN'S CENTER (ORPHANAGE); DONATION OF FILTERED RAINWATER COLLECTION SYSTEMS FOR VILLAGERS AND SCHOOLS ALONG THE MEKONG RIVER; INCOUNTRY AND OUT OF COUNTRY ADMINISTRATION AND RELATED EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathleen Macdonald Treasurer | OfficerTrustee | 0 | $0 |
Deborah Nelson Vice President | OfficerTrustee | 0 | $0 |
Jennifer Mendelsohn Assistant Treasurer | OfficerTrustee | 0 | $0 |
Ann Trudeau President | OfficerTrustee | 0 | $0 |
Linda Clark Secretary | OfficerTrustee | 0 | $0 |
Korey Lee Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $405,386 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $405,386 |
Total Program Service Revenue | $0 |
Investment income | $23,306 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $347,443 |
Net Income from Fundraising Events | $5,702 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $781,837 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $37,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,816 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,990 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $123,395 |
Fees for services: Other | $2,521 |
Advertising and promotion | $0 |
Office expenses | $5,424 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,210 |
Insurance | $5,323 |
All other expenses | $55,648 |
Total functional expenses | $595,500 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $62,926 |
Savings and temporary cash investments | $175,021 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $824 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $6,900 |
Prepaid expenses and deferred charges | $12,595 |
Net Land, buildings, and equipment | $482,776 |
Investments—publicly traded securities | $8,297,885 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,038,927 |
Accounts payable and accrued expenses | $19 |
Grants payable | $0 |
Deferred revenue | $5,176 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,195 |
Net assets without donor restrictions | $8,933,732 |
Net assets with donor restrictions | $100,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,038,927 |
Over the last fiscal year, we have identified 1 grants that Sharing Foundation has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
Dennis A Otoole Family Foundation Portsmouth, NH PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Beg. Balance | $100,000 |
Ending Balance | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Friends Of The Israel Defense Forces New York, NY | $197,064,966 | $87,861,352 |
Central Fund Of Israel Cedarhurst, NY | $25,861,859 | $55,454,981 |
American Friends Of Yeshiva Dmir Inc Brooklyn, NY | $9,703,912 | $39,700,022 |
Acumen Fund Inc New York, NY | $151,257,086 | $30,454,797 |
Armenian General Benevolent Union New York, NY | $296,944,132 | $43,918,491 |
Root Capital Inc Cambridge, MA | $84,001,332 | $21,396,934 |
Jerusalem Foundation Inc New York, NY | $41,082,907 | $16,301,645 |
American Society Of The University Of Haifa New York, NY | $7,655,758 | $11,239,823 |
Tibet Fund New York, NY | $8,176,885 | $9,507,647 |
Friends Of Ir David Inc New York, NY | $1,931,131 | $8,657,861 |
Yeshivas Chasidei Belz-Belz Institutions In Israel Brooklyn, NY | $1,824,863 | $9,693,412 |
United Board For Christian Higher Education In Asia New York, NY | $134,521,171 | $6,638,102 |