The Andover Community Fund Incorporated

Organization Overview

The Andover Community Fund Incorporated is located in Chester, VT. The organization was established in 1991. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Andover Community Fund Incorporated 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 12/2022, Andover Community Fund Incorporated generated $19.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $28.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ANDOVER COMMUNITY FUND IS A LOCAL, NONPROFIT ORGANIZATION THAT PROVIDES INTERIM FINANCIAL ASSISTANCE TO ANDOVER RESIDENTS WHO HAVE ENCOUNTERED AN UNFORSEEN SETBACK IN THEIR LIVES. BASED ON THE CONCEPT OF SELF HELP, THE FUND SEEKS TO PROVIDE ASSISTANCE THAT WILL ACT AS A CATALYST TO FACILITATE THE RETURN TO NORMAL CIRCUMSTANCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO VARIOUS ORGANIZATIONS TO SUPPORT ELDER CARE, YOUTH EDUCATION AND HEALTH CARE IN THE COMMUNITY.


INDIVIDUAL NEEDS - HEARING AIDS & LIFT CHAIR


ANDOVER SCHOLARSHIP COMMITTEE - STUDENT SCHOLARSHIP


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Board, Officers & Key Employees

Name (title)Compensation
Diane Parker
President
$0
Peter Huyler
Vice President
$0
Geraldine Williams
Sec/treasurer
$0
Heather Keith
Director
$0
Christopher Plumb
Director
$0

Financial Statements

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$11,870
Investment income $15,136
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$7,757
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,249

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