John A Hubbard & Carol A Hubbard Charitable Foundation
- Assets
- $338.7k
- Revenue
- $37.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Walpole, NH
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 02-0500376
Organization Overview
John A Hubbard & Carol A Hubbard Charitable Foundation is located in Walpole, NH. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. John A Hubbard & Carol A Hubbard Charitable 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 12/2021, John A Hubbard & Carol A Hubbard Charitable Foundation generated $37.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $45.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John A Hubbard & Carol A Hubbard Charitable Foundation has awarded 44 individual grants totaling $215,200. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WILL DISTRIBUTE INCOME AND PRINCIPAL PERIODICALLY, AS THE TRUSTEES SHALL DETERMINE, TO ORGANIZATIONS WHICH QUALIFY AS PUBLIC CHARITIES UNDER IRC SECTION 501(C)(3).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Hubbard Trustee | 0 | $0 | |
Susan Johnson Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,877 |
| Capital Gain Net Income | $27,877 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $290 |
| Total Revenue | $37,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $64 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,373 |
| Total operating and administrative expenses | $9,889 |
| Contributions, gifts, grants paid | $36,000 |
| Total expenses and disbursements | $45,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $22,730 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $314,951 |
| Total assets | $338,681 |
| 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, John A Hubbard & Carol A Hubbard Charitable Foundation has awarded $36,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MOCO ARTS PURPOSE: GIFT | $14,000 |
Manchester, NH PURPOSE: GIFT - ADAPTIVE DANCE | $6,000 |
WHITCOMB HALL PURPOSE: GIFT | $5,000 |
MAYNARD HOUSE PURPOSE: GIFT | $5,000 |
WEST SWANZEY COMMUNITY CHURCH PURPOSE: GIFT | $5,000 |
Keene, NH PURPOSE: GIFT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
William J & Lia G Poorvu Family Foundation Cambridge, MA | $120,261,343 | $11,453,242 |
Shapiro Foundation Needham, MA | $157,349,001 | $11,545,549 |
New Balance Foundation Boston, MA | $152,561,164 | $17,219,252 |
Linde Family Foundation Boston, MA | $189,813,343 | $18,266,253 |
Nancy Lurie Marks Family Foundation Wellesley, MA | $0 | $8,374,794 |
Abrams Foundation Inc Boston, MA | $0 | $18,931,017 |
James S Mcdonnell Family Foundation Inc Lincoln, MA | $112,136,511 | $18,539,492 |
Highland Street Connection Newton, MA | $74,050,006 | $4,748,542 |
High Meadows Fund Inc Middlebury, VT | $79,370 | $3,916,817 |
Mooney-Reed Charitable Foundation Tr Concord, MA | $125,988,887 | $19,894,387 |
Rauch Foundation Inc Woodstock, VT | $0 | $7,676,886 |