Collings Foundation
- Assets
- $29.0m
- Revenue
- $698.0k
- Investments
- $37.6k
- Employees
- 0
- Location
- Hudson, MA
- Founding
- 01/1979
- Data as of
- 11/2021
- EIN
- 04-2658294
Organization Overview
Collings Foundation is located in Hudson, MA. The organization was established in 1979. 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. Collings Foundation 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 11/2021, Collings Foundation generated $698.0k in total revenue. All expenses for the organization totaled $4.2m during the year ending 11/2021.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED FUNDING FOR THE VIEWING AND DEMONSTRATION OF SEVERAL VIETNAM-ERA ARTIFACTS F-4D PHANTOM UH-1E BELL HELICOPTER TA-4J SKYHAWK A-1E SKYRAIDER AND NORTH AMERICAN F-100F SUPER SABRE IN HOUSTON TEXAS.
THE FOUNDATION CONTINUED ITS RESTORATION OF THE B-17 FLYING FORTRESS A BOMBER WHICH SERVED A HISTORIC ROLE IN WORLD WAR II. ALL SUCH COSTS INCURRED IN THE CURRENT FISCAL YEAR WERE CAPITALIZED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert F Collings Jr Executive Director | 22.8 | $239,658 | |
Doug Birkey Trustee | 4 | $0 | |
Donald Rising Trustee | 4 | $0 | |
Frank Dworak Trustee | 4 | $0 | |
Gary Lewi Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $596,257 |
| Interest on Savings | $25 |
| Dividends & Interest | $348 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $582 |
| Capital Gain Net Income | $582 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $100,803 |
| Total Revenue | $698,015 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $239,658 |
| Other employee salaries and wages | $124,817 |
| Pension plans, employee benefits | $16,978 |
| Interest | $3,166 |
| Taxes | $24,730 |
| Depreciation | $0 |
| Occupancy | $125,265 |
| Travel, conferences, and meetings | $2,608 |
| Printing and publications | $0 |
| Other expenses | $3,529,625 |
| Total operating and administrative expenses | $4,155,333 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,155,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,789 |
| Savings and temporary cash investments | $174,818 |
| 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 | $6,247 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $362,894 |
| Other assets | $28,437,663 |
| Total assets | $29,040,977 |
| Accounts payable and accrued expenses | $1,938 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $521,315 |
| Other liabilities | $233,702 |
| Total liabilities | $756,955 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Collings Foundation has recieved totaling $18,500.
| Awarding Organization | Amount |
|---|---|
Brad Lemons Foundation Los Angeles, CA PURPOSE: UNRESTRICTED | $10,000 |
Carlson Family Tr Rockport, MA PURPOSE: CHARITY | $5,000 |
Up In Smoke Foundation Naples, FL PURPOSE: GENERAL SUPPORT | $2,000 |
Goodfellow Fund Seattle, WA PURPOSE: EDUCATION | $1,000 |
Bailey Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $500 |
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 |