Coburn Charitable Society
- Assets
- $901.4k
- Revenue
- -$4.0k
- Investments
- $884.4k
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 08/1942
- Data as of
- 04/2022
- EIN
- 04-2104012
Organization Overview
Coburn Charitable Society is located in Ipswich, MA. The organization was established in 1942. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, 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. Coburn Charitable Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Coburn Charitable Society has awarded 29 individual grants totaling $187,896. 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 |
|---|---|---|---|
Nathaniel Pulsifer Assistant Treasurer & Trustee | 1 | $0 | |
Dr Carl Soderland Clerk & Trustee | 1 | $0 | |
Carla Kolesar Trustee | 1 | $0 | |
Gavin Keenan President & Trustee | 1 | $0 | |
Josie Keenan Trustee | 1 | $0 | |
Matthew Knight Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,303 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,291 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $464 |
| Total operating and administrative expenses | $4,904 |
| Contributions, gifts, grants paid | $50,400 |
| Total expenses and disbursements | $55,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,946 |
| 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 | $884,418 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $901,364 |
| 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, Coburn Charitable Society has awarded $50,400 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE OPEN DOOR PURPOSE: TO PROVIDE EMERGENCY GROCERIES FOR PEOPLE IN NEED | $12,000 |
IPSWICH COUNCIL ON AGING PURPOSE: TO PROVIDE HOME & RESIDENTIAL CARE TO ELDERLY | $11,500 |
Ipswich, MA PURPOSE: TO PROVIDE FUEL ASSISTANCE TO THE ELDERLY | $7,000 |
DINNERBELL PROJECT PURPOSE: TO PROVIDE MEALS FOR THE ELDERLY | $5,000 |
SENIORCARE INC PURPOSE: TO PROVIDE AND COORDINATE SERVICES TO THE ELDERLY | $5,000 |
IPSWICH FAMILY YMCA PURPOSE: TO PROVIDE FUNDING FOR FAMILY PROGRAMS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philanthropy New York Inc New York, NY | $10,485,290 | $4,060,793 |
Grantmakers In The Arts Bronx, NY | $3,825,984 | $2,308,802 |
New England Health Care Emp Union & Ct Nursing Hm Traing & Upgd Fnd Hartford, CT | $1,960,905 | $2,104,080 |
Western New York Grantmakers Association Inc Syracuse, NY | $1,728,088 | $1,086,609 |
Trustee Of Brantwood Camp Peterborough, NH | $17,417,792 | $1,376,254 |
National Association Of Corporate Directors Boston, MA | $1,367,793 | $869,422 |
Massachusetts Charitable Mechanic Association Quincy, MA | $4,186,500 | $833,377 |
University Associates Philanthropic Foundation Inc New York, NY | $31,741 | $11,696 |
Long Island Networking Elite Inc Huntington, NY | $42,869 | $337,964 |
Association Of Fundraising Professionals New York, NY | $462,920 | $209,001 |
Saranac Lake Voluntary Health Association Inc Saranac Lake, NY | $2,884,234 | $339,547 |
Next Level Social Impact Partners Inc Sherborn, MA | $378,526 | $555,288 |