Peabody Foundation Inc
- Assets
- $24.6m
- Revenue
- $765.9k
- Investments
- $22.7m
- Employees
- 0
- Location
- Plymouth, MA
- Founding
- 09/1939
- Data as of
- 09/2022
- EIN
- 04-2104767
The information for Peabody Foundation Inc is as of the organization's most recent filing in September '22. This organization is located in Plymouth, MA. It has been in existence for 83 years, following its founding in 1939.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Peabody Foundation Inc's NTEE code is T20. This means that it falls under the classification of Philanthropy, Voluntarism & Grantmaking Foundations. As a Private Grantmaking Foundation, the organization is a nongovernmental, nonprofit organization that manages funds and programs through its own trustees or directors. Its primary purpose is to maintain or aid social, educational, religious, or other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the organization is classified as a 501(c)(3) organization according to the Internal Revenue Code, which means it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Grant History
Our dataset contains seven years of grant history for the Peabody Foundation Inc. Over the course of these seven years, they have awarded a total of 213 grants, with an average check size of $44,550. On average, they award around 30 grants each year. The organization has awarded grants in various NTEE sectors, with the highest number of awards in Recreation & Sports (28), followed by Arts, Culture & Humanities (20) and Health Care (16). All of their grants have been awarded in the state of Massachusetts.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Judith E Rhoades Executive Director | 40 | $43,750 | |
Mr Joseph C Donnelly Jr President/trustee | 0.55 | $0 | |
Christopher D Perry ESQ Vice President/trustee | 0.55 | $0 | |
Mr John EA Safford Treasurer/trustee | 0.55 | $0 | |
Ms Bethany M Woods Clerk/trustee | 0.55 | $0 | |
Mr James M Fitzgibbons Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,714 |
| Interest on Savings | $74 |
| Dividends & Interest | $259,075 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $495,047 |
| Capital Gain Net Income | $495,047 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $765,910 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,640 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,568 |
| Total operating and administrative expenses | $167,901 |
| Contributions, gifts, grants paid | $1,318,292 |
| Total expenses and disbursements | $1,486,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,876,766 |
| Net Accounts receivable | $6,661 |
| 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 | $21,360 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,607,746 |
| Accounts payable and accrued expenses | $19,885 |
| 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 | $148,800 |
| Total liabilities | $168,685 |
Grants Awarded
Over the last fiscal year, Peabody Foundation Inc has awarded $1,318,292 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHILDREN'S HOSPITAL PURPOSE: TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $386,492 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $225,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $175,000 |
SHRINER'S HOSPITAL FOR CHILDREN PURPOSE: TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $100,000 |
East Boston, MA PURPOSE: TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $50,000 |
Vineyard Haven, MA PURPOSE: TO BENEFIT HANDICAPPED CHILDREN &/RELATED RESEARCH. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |