Oldways Preservation & Exchange Trust Inc is located in Boston, MA. The organization was established in 1990. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Oldways Preservation & Exchange Trust Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oldways Preservation & Exchange Trust 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 06/2022, Oldways Preservation & Exchange Trust Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND PROMOTE HEALTHFUL, TRADITIONAL AND SUSTAINABLE EATING AND DRINKING CHOICES, AND HEALTHY LIFESTYLES THROUGH SCIENTIFIC AND EDUCATIONAL PROGRAMS, WITH CONFERENCES AND PUBLICATIONS FOR CONSUMERS, MEDIA AND HEALTH PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NARRATIVE: WHOLE GRAINS MONTH IN SEPTEMBER 2021 WAS SUCCESSFUL WITH APPROXIMATELY 1,100 PARTICIPANTS IN OUR ONLINE CONTEST AND ABOUT 240 ENGAGEMENTS ON SOCIAL MEDIA. ON WHOLE GRAIN SAMPLING DAY IN MARCH 2022, 260+ PARTNER ORGANIZATIONS PARTICIPATED WITH US ON SOCIAL MEDIA WITH POSTS, VIDEOS, AND EVENTS. IN ADDITION TO THESE ANNUAL EDUCATIONAL CAMPAIGNS, THE WGC CONTINUALLY PROVIDES EDUCATIONAL RESOURCES ABOUT WHOLE GRAINS - SCIENTIFIC, PRACTICAL, CULINARY AND NUTRITIONAL - IN ORDER TO HELP CONSUMERS FIND, COOK AND CONSUME WHOLE GRAINS. THE WGC ALSO CONTINUES TO SUPPORT ITS MISSION AND ITS APPROXIMATELY 350 MEMBERS BY WORKING CLOSELY WITH REGULATORS AND INTERNATIONAL ORGANIZATIONS.
NARRATIVE: OLDWAYS CULINARIAS ARE CULINARY AND CULTURAL EXPLORATIONS, INTENDED TO PROVIDE INFORMATION AND INSPIRE PARTICIPANTS TO EMBRACE THE HEALTHY AND SUSTAINABLE JOYS OF CULTURAL FOOD TRADITIONS. THESE EDUCATIONAL TRIPS INCLUDE ACCLAIMED CHEFS, FOOD EXPERTS, FOOD PRODUCERS, AND ARE CAREFULLY CURATED WEEK-LONG ITINERARIES FILLED WITH UNFORGETTABLE CULTURAL AND CULINARY LEARNING EXPERIENCES. DURING FY22, WE ORGANIZED TWO CULLINARIAS (THE FIRST WE'VE DONE SINCE COVID BEGAN); ONE WAS HELD IN TURKEY, WITH APPROXIMATELY 30 PARTICIPANTS, AND THE OTHER WAS HELD IN PORTUGAL, WITH APPROXIMATELY 35 PARTICIPANTS.
NARRATIVE: OLDWAYS MEDITERRANEAN PROGRAM IS FOCUSED ON INSPIRING PEOPLE TO ADOPT THE HEALTHY AND DELICIOUS MEDITERRANEAN DIET. WE DO THIS THROUGH A VARIETY OF ACTIVITIES INCLUDING: (1) BI-WEEKLY MEDITERRANEAN E-NEWSLETTER, FRESH FRIDAY THAT GOES OUT TO OVER 32,000 INDIVIDUALS AND ORGANIZATIONS; (2) WEBINARS FOR REGISTERED DIETITIANS (WITH FREE CONTINUING EDUCATION CREDITS) WHICH, DURING FY22, THERE WERE 11 WEBINARS ATTENDED BY A TOTAL OF APPROXIMATELY 6,400 PEOPLE; (3) A WIDE VARIETY OF SOCIAL MEDIA POSTINGS; (4) A FACEBOOK MEDITERRANEAN DIET CHALLENGE TWICE A YEAR (JANUARY AND MAY); (5) CELEBRATION OF MEDITERRANEAN MONTH IN MAY; (6) ROBUST INFORMATION AND RECIPES ABOUT THE MEDITERRANEAN DIET ON THE OLDWAYS WEBSITE; (7) MEDIA INTERVIEWS.
NARRATIVE: ALL OF OLDWAYS PROGRAMS WORK TOWARD THE MISSION OF INSPIRING PEOPLE TO EMBRACE THE HEALTHY AND SUSTAINABLE JOYS OF CULTURAL FOOD TRADITIONS, WORK THAT HAS BEEN AHEAD OF THE CURVE FOR 32 YEARS. SIMILAR TO THE MEDITERRANEAN PROGRAM, WE PROVIDE INFORMATION ABOUT ASIAN, LATIN AMERICAN AND AFRICAN HERITAGE CULTURAL MODELS FOR HEALTHY EATING. OLDWAYS HAS TWO CURRICULA TO TEACH THE AFRICAN HERITAGE DIET: A TASTE OF AFRICAN HERITAGE AND A CHILDREN'S TASTE OF AFRICAN HERITAGE PLUS A DIGITAL VERSION OF A TASTE OF AFRICAN HERITAGE. WE ALSO HAVE COMPLETED THE CURRICULUM TO TEACH THE TRADITIONAL LATIN AMERICAN DIET. THE PLANT FORWARD PLATES PROGRAM CREATED A SEVEN-DAY VEGAN MENU (SCALED TO 25, 50, 75 AND 100 PORTIONS) FOR HOSPITALS AND OTHER INSTITUTIONS. THE OLDWAYS CHEESE COALITION IS AN OLDWAYS PROGRAM WITH 40 MEMBERS, DESIGNED TO INSPIRE PEOPLE TO EMBRACE THE JOYS OF THE OLD WAYS OF EATING TRADITIONAL CHEESES IN HEALTHY AMOUNTS, INCLUDING NEWSLETTERS, EVENTS AND SOCIAL MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sara Baer-Sinnott Pres/clerk/exec Dir | OfficerTrustee | 40 | $194,938 |
Jesse Cool Vice Chair | OfficerTrustee | 2 | $0 |
Philip Meldrum Treasurer | OfficerTrustee | 2 | $0 |
Shakir Cannon-Moye Director | Trustee | 2 | $0 |
George Gendron Director | Trustee | 2 | $0 |
Ana Sortun Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,146,450 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $178,018 |
All other contributions, gifts, grants, and similar amounts not included above | $55,470 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,379,938 |
Total Program Service Revenue | $349,116 |
Investment income | $14,662 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,693 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,750,409 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $7,418 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $217,737 |
Compensation of current officers, directors, key employees. | $54,434 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $618,854 |
Pension plan accruals and contributions | $53,996 |
Other employee benefits | $25,112 |
Payroll taxes | $25,277 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,466 |
Fees for services: Accounting | $61,797 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,572 |
Fees for services: Other | $72,944 |
Advertising and promotion | $2,488 |
Office expenses | $55,012 |
Information technology | $3,585 |
Royalties | $0 |
Occupancy | $135,564 |
Travel | $145,361 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $57,177 |
Interest | $1,032 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,994 |
Insurance | $10,750 |
All other expenses | $24,214 |
Total functional expenses | $1,546,850 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $584,035 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $61,400 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $77,350 |
Net Land, buildings, and equipment | $80,626 |
Investments—publicly traded securities | $477,405 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,000 |
Total assets | $1,292,816 |
Accounts payable and accrued expenses | $167,126 |
Grants payable | $0 |
Deferred revenue | $43,318 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $210,444 |
Net assets without donor restrictions | $516,330 |
Net assets with donor restrictions | $566,042 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,292,816 |
Over the last fiscal year, we have identified 1 grants that Oldways Preservation & Exchange Trust Inc has recieved totaling $239,700.
Awarding Organization | Amount |
---|---|
The Miami Foundation Inc Miami, FL PURPOSE: TO SUPPORT A SOLO ECONOMIC PROJECT | $239,700 |
Organization Name | Assets | Revenue |
---|---|---|
Religious Zionist Youth Movement- Bnei Akiva Of The U S & Canada Inc New York, NY | $11,474,326 | $12,564,683 |
Asian Cultural Council Inc New York, NY | $42,424,533 | $6,554,346 |
American Australian Association Inc New York, NY | $20,329,376 | $5,966,095 |
International Academy Of Fine Art New Haven, CT | $7,361,430 | $3,896,682 |
Narrative 4 Inc New York, NY | $1,205,933 | $1,903,403 |
Art Omi Inc Ghent, NY | $43,946,364 | $3,128,359 |
Soliya Inc New York, NY | $378,380 | $2,402,375 |
French Heritage Society Inc New York, NY | $4,346,853 | $2,062,675 |
Oldways Preservation & Exchange Trust Inc Boston, MA | $1,292,816 | $1,750,409 |
American Friends Of The Centre Pompidou Inc New York, NY | $35,443,867 | $1,267,005 |
Cec Artslink Inc New York, NY | $834,274 | $924,449 |
Us China Scitech Education Promotion Association Inc Andover, MA | $129,701 | $738,187 |