Calvin Coolidge Presidential Foundation Inc
- Assets
- $33.6m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 11
- Location
- Plymouth, VT
- Founding
- 02/1965
- Data as of
- 12/2021
- EIN
- 03-6009701
Organization Overview
Calvin Coolidge Presidential Foundation Inc is located in Plymouth, VT. The organization was established in 1965. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Calvin Coolidge Presidential Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calvin Coolidge Presidential Foundation Inc 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, Calvin Coolidge Presidential Foundation Inc generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 22.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PERPETUATE THE MEMORY OF CALVIN COOLIDGE,THE 30TH PRESIDENT OF THE UNITED STATES THROUGH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COOLIDGE SCHOLARSHIP THE FOUNDATION OPERATES A MERIT SCHOLARSHIP PROGRAM THAT AWARDS FULL UNDERGRADUATE SCHOLARSHIPS TO OUTSTANDING HIGH SCHOOL STUDENTS. THE SCHOLARSHIP PROGRAM ATTRACTS THOUSANDS OF STUDENTS EACH YEAR, EACH OF WHOM LEARNS ABOUT PRESIDENT COOLIDGE AND HIS VALUES THROUGH THE COURSE OF APPLYING FOR THE SCHOLARSHIP. THE COOLIDGE FOUNDATION CONDUCTS A RIGOROUS, MULTI-STAGE, REVIEW PROCESS THAT CULMINATES WITH INTERVIEWS WITH A FINALIST JURY. SINCE 2016, TWENTY-SEVEN COOLIDGE SCHOLARSHIPS HAVE BEEN AWARDED. FINALIST ARE ALSO AWARDED A SMALLER ONE-TIME SCHOLARSHIP. THE CHIEF CRITERION IS ACADEMIC EXCELLENCE. SECONDARY CRITERIA INCLUDE INTEREST IN POLICY, APPRECIATION OF THE VALUES COOLIDGE CHAMPIONED, HUMILITY, AND SERVICE.
THE COOLIDGE FOUNDATION HOSTS PROGRAMS AROUND THE COUNTRY THAT SEEK TO EDUCATE AND TO PERPETUATE THE MEMORY AND LEGACY OF PRESIDENT CALVIN COOLIDGE. IN ADDITION TO PROGRAMS DESCRIBED IN 4A AND 4C, THESE PROGRAMS INCLUDE A NATIONAL HIGH SCHOOL DEBATE PROGRAM THAT EMPHASIZES COOLIDGE RELATED TOPICS, CONTENT, AND INSTRUCTION, A COOLIDGE-THEMED EVENT/LECTURE SERIES, THE COOLIDGE QUARTERLY, A BI-WEEKLY E-NEWSLETTER, AN ACTIVE WEBSITE WITH EDUCATIONAL MATERIALS, AND HISTORY EDUCATION PROGRAMS AT THE PRESIDENT CALVIN COOLIDGE STATE HISTORIC SITE FOR STUDENTS OF ALL AGES.
COOLIDGE SENATORS PROGRAM -- THE COOLIDGE SENATORS PROGRAM HONORS THE TOP APPLICANTS TO THE COOLIDGE SCHOLARSHIP BY HOSTING THEM AT THE ANNUAL COOLIDGE SENATORS SUMMIT IN WASHINGTON, DC. WHILE IN WASHINGTON THE STUDENTS TOUR ALL THREE BRANCHES OF GOVERNMENT, ATTEND SEMINARS WITH NATIONALLY KNOWN POLICY EXPERTS AND BUSINESS LEADERS, AND ENGAGE IN FORMAL DEBATES ON ISSUES IN PUBLIC POLICY. THE STUDENTS REMAIN ENGAGED WITH THE COOLIDGE FOUNDATION THROUGH THE COOLIDGE SENATORS NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amity Shlaes Trust/chair&ceo | OfficerTrustee | 50 | $299,592 |
Matthew Denhart CFO | Officer | 50 | $178,692 |
Dean Ball Exec Dir | Officer | 50 | $150,000 |
James H Douglas Trust/vicechair | OfficerTrustee | 1 | $0 |
Robert Luddy Trust/treasurer | OfficerTrustee | 1 | $0 |
Richard R Hough III Trustee/sec | OfficerTrustee | 1 | $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 | $4,018,334 |
| Noncash contributions included in lines 1a–1f | $337,382 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,018,334 |
| Total Program Service Revenue | $2,920 |
| Investment income | $558,156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $274,890 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$18,793 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,835,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,219,513 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $708,934 |
| Compensation of current officers, directors, key employees. | $134,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,594 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,945 |
| Payroll taxes | $66,596 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,176 |
| Fees for services: Accounting | $32,142 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,958 |
| Advertising and promotion | $0 |
| Office expenses | $30,528 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $130,667 |
| Travel | $40,952 |
| 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 | $44,293 |
| Insurance | $13,525 |
| All other expenses | $32,283 |
| Total functional expenses | $3,763,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200,421 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,444,827 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,190 |
| Prepaid expenses and deferred charges | $13,920 |
| Net Land, buildings, and equipment | $591,921 |
| Investments—publicly traded securities | $14,990,467 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,662 |
| Other assets | $15,310,981 |
| Total assets | $33,582,389 |
| Accounts payable and accrued expenses | $67,818 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $67,818 |
| Net assets without donor restrictions | $4,807,145 |
| Net assets with donor restrictions | $28,707,426 |
| 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 | $33,582,389 |
Grants Awarded
Over the last fiscal year, Calvin Coolidge Presidential Foundation Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
West Des Moines, IA PURPOSE: SPONSOR DEBATE TOURNAMENTS | $10,000 |
New York, NY PURPOSE: SPONSOR DEBATES | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Calvin Coolidge Presidential Foundation Inc has recieved totaling $1,433,871.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $561,750 |
Donors Trust Inc Alexandria, VA PURPOSE: $350,200 for general operations/ $1,000 for an event sponsorship | $351,200 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $155,000 |
Searle Freedom Trust Madison, WI PURPOSE: FILM AND NEW MEDIA | $100,000 |
Diana Davis Spencer Foundation Bethesda, MD PURPOSE: TOWARDS THE CALVIN COOLIDGE SCHOLARSHIP PROGRAM | $100,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $52,500 |
Endowment Analysis
| Beg. Balance | $8,583,457 |
| Earnings | $1,439,014 |
| Ending Balance | $10,022,471 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gateways Organization Inc Monsey, NY | $26,241,298 | $11,762,904 |
Calvin Coolidge Presidential Foundation Inc Plymouth, VT | $33,582,389 | $4,835,507 |
Wollaston Lutheran Church Apartments Inc Quincy, MA | $16,446,016 | $3,151,671 |
American Friends Of Netiv Aryeh Inc Monsey, NY | $174,267 | $2,714,241 |
Turning Point Brooklyn Inc Brooklyn, NY | $2,563,430 | $1,977,308 |
Eagles Wings International Inc Clarence, NY | $2,162,007 | $2,431,400 |
In2 Onnuri Community Church New York New York, NY | $2,609,357 | $2,620,100 |
Affirmative Evangelism Fellowship Middletown, NY | $2,879,019 | $1,947,839 |
Straight Ahead Ministries Inc Worcester, MA | $3,731,780 | $2,558,274 |
Camp Spofford Of The Evangelical Free Church Of America Spofford, NH | $5,897,116 | $2,036,666 |
Missionary Assembly Of God Of Marlborough Inc Marlborough, MA | $555,964 | $1,247,447 |
New Life Baptist Church Woburn, MA | $2,327,994 | $1,279,978 |