Tjx Foundation Inc is located in Framingham, MA. The organization was established in 1967. 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. Tjx 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 01/2022, Tjx Foundation Inc generated $26.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $22.5m during the year ending 01/2022. While expenses have increased by 5.4% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $26,069,427 |
Interest on Savings | $39,776 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $26,109,203 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $794,225 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,553 |
Depreciation | $0 |
Occupancy | $59,799 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,738 |
Total operating and administrative expenses | $903,315 |
Contributions, gifts, grants paid | $21,637,596 |
Total expenses and disbursements | $22,540,911 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$5,000,325 |
Savings and temporary cash investments | $89,100,334 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $42,439 |
Total assets | $84,142,448 |
Accounts payable and accrued expenses | $1,000 |
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 | $1,000 |
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