Stobart Foundation
- Assets
- $367.5k
- Revenue
- $46.7k
- Investments
- $210.1k
- Employees
- 0
- Location
- Medfield, MA
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 04-3033170
Organization Overview
Stobart Foundation is located in Medfield, MA. The organization was established in 1989. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Stobart 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 12/2022, Stobart Foundation generated $46.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $132.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Stobart Foundation has awarded 64 individual grants totaling $201,370. 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 |
|---|---|---|---|
John Stobart Trustee | 1 | $0 | |
Anne Fletcher Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $7,636 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $9,872 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $39,064 |
| Other Income | $0 |
| Total Revenue | $46,720 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,688 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $98,171 |
| Total operating and administrative expenses | $105,364 |
| Contributions, gifts, grants paid | $27,539 |
| Total expenses and disbursements | $132,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,904 |
| 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 | $139,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $210,105 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $367,509 |
| 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, Stobart Foundation has awarded $27,539 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ST GEORGE MUNICIPAL SCHOOL PURPOSE: GENERAL SUPPORT | $2,789 |
KENNETH DEWAARD PURPOSE: GENERAL SUPPORT | $2,378 |
CHELSEA BARD PURPOSE: GENERAL SUPPORT | $1,828 |
GONZALO RODRIGUEZ GOMEZ PURPOSE: GENERAL SUPPORT | $5,350 |
TYLER BERRY PURPOSE: GENERAL SUPPORT | $5,001 |
ANNMARIE JOHNSON PURPOSE: GENERAL SUPPORT | $6,593 |