Hubbard Farms Charitable Foundation
- Assets
- $1.3m
- Revenue
- $144.0k
- Investments
- $1.1m
- Employees
- 0
- Location
- Walpole, NH
- Founding
- 02/1968
- Data as of
- 12/2021
- EIN
- 02-6015114
Organization Overview
Hubbard Farms Charitable Foundation is located in Walpole, NH. The organization was established in 1968. 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. Hubbard Farms 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, Hubbard Farms Charitable Foundation generated $144.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 51.3% each year . All expenses for the organization totaled $63.2k during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 3 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.
Since 2020, Hubbard Farms Charitable Foundation has awarded 64 individual grants totaling $109,375. 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 |
|---|---|---|---|
Scott Hunter Trustee | 0 | $0 | |
Mark H Barnes Vice Chairman | 0 | $0 | |
Paul T Ledell Treasurer | 0 | $0 | |
Jane F Kelly Secretary | 0 | $0 | |
Diana J Myers-Miller Chairperson | 0 | $0 | |
Lucas Harrington Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $2,568 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $141,374 |
| Capital Gain Net Income | $141,374 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $143,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,786 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $626 |
| Total operating and administrative expenses | $4,562 |
| Contributions, gifts, grants paid | $58,675 |
| Total expenses and disbursements | $63,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $115,760 |
| 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 | $1,136,526 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,252,286 |
| 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, Hubbard Farms Charitable Foundation has awarded $58,675 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
HOME HEALTHCARE HOSPICE COMMUNITY S PURPOSE: GENERAL PURPOSE | $3,000 |
FALL MT FOODSHELF PURPOSE: GENERAL PURPOSE | $3,000 |
Bellows Falls, VT PURPOSE: GENERAL PURPOSE | $3,000 |
Auburn, AL PURPOSE: SCHOLARSHIPS | $2,500 |
NC STATE UNIVERSITY - AGRICULTURE F PURPOSE: SCHOLARSHIPS | $2,500 |
MISSISSIPPI STATE UNIVERSITY FOUNDA PURPOSE: SCHOLARSHIPS | $2,500 |
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 |