Stamps Family Charitable Foundation Inc
- Assets
- $79.9m
- Revenue
- $1.1m
- Investments
- $79.9m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/1988
- Data as of
- 11/2023
- EIN
- 04-2943910
Organization Overview
Stamps Family Charitable Foundation Inc is located in Boston, MA. The organization was established in 1988. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Stamps Family Charitable 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 11/2023, Stamps Family Charitable Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $5.1m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Stamps Family Charitable Foundation Inc has awarded 280 individual grants totaling $39,759,965. 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 |
|---|---|---|---|
E Roe Stamps IV President | 0 | $0 | |
David H Hopfenberg Treasurer & Clerk | 0 | $0 | |
Elizabeth A Stamps Vice President | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Metis Intl Micro Cap Fund | 11/29/23 | $79,034 |
Eam International Small Cap | 11/29/23 | $59,878 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,961 |
| Dividends & Interest | $2,382,879 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,248,226 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$21,141 |
| Total Revenue | $1,116,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $119 |
| Taxes | $172,080 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,846 |
| Total operating and administrative expenses | $357,375 |
| Contributions, gifts, grants paid | $4,697,932 |
| Total expenses and disbursements | $5,055,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,107 |
| Savings and temporary cash investments | $0 |
| 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 | $63,313,717 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $79,944,582 |
| 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, Stamps Family Charitable Foundation Inc has awarded $4,697,932 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION AGAINST HUNGER PURPOSE: UNRESTRICTED DONATION | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: UNRESTRICTED DONATION | $1,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: UNRESTRICTED DONATION | $10,000 |
BAPTIST HEALTH FOUNDATION PURPOSE: UNRESTRICTED DONATION | $5,000 |
BONEFISH AND TARPON UNLIMITED PURPOSE: UNRESTRICTED DONATION | $5,000 |
CAMP SOUTHERN GROUND PURPOSE: UNRESTRICTED DONATION | $5,000 |