Richard K And Nancy L Donahue Charitable Foundation is located in Lowell, MA. The organization was established in 1992. 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. Richard K And Nancy L Donahue Charitable 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, Richard K And Nancy L Donahue Charitable Foundation generated $655.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $4.9m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 7 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.
Since 2016, Richard K And Nancy L Donahue Charitable Foundation has awarded 243 individual grants totaling $31,739,419. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David W Donahue Trustee As N | 0 | $5,000 | |
Nancy L Donahue Trustee As N | 0 | $0 | |
Daniel J Donahue Committee Me | 0 | $0 | |
Alicia Donahue Committee Me | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $161 |
Dividends & Interest | $79,404 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $564,747 |
Capital Gain Net Income | $564,747 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $11,005 |
Total Revenue | $655,317 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $5,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $11,039 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $648 |
Total operating and administrative expenses | $37,400 |
Contributions, gifts, grants paid | $4,822,500 |
Total expenses and disbursements | $4,859,900 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $185,399 |
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 | $5,600 |
Total assets | $2,269,836 |
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 |
Over the last fiscal year, Richard K And Nancy L Donahue Charitable Foundation has awarded $4,822,500 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
Burlington, MA PURPOSE: UNRESTRICTED | $2,500,000 |
Newton, MA PURPOSE: UNRESTRICTED | $530,000 |
UTEC PURPOSE: UNRESTRICTED | $520,000 |
Lowell, MA PURPOSE: UNRESTRICTED | $310,000 |
Lowell, MA PURPOSE: UNRESTRICTED | $285,000 |
JFK LIBRARY PURPOSE: UNRESTRICTED | $250,000 |
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 |