Stephen J Hendrickson Foundation Inc
- Assets
- $11.9m
- Revenue
- $728.6k
- Investments
- $10.4m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 05/1992
- Data as of
- 06/2024
- EIN
- 04-3140238
Organization Overview
Stephen J Hendrickson Foundation Inc is located in Boston, 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. Stephen J Hendrickson 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 06/2024, Stephen J Hendrickson Foundation Inc generated $728.6k 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 (9.3%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stephen J Hendrickson Foundation Inc has awarded 91 individual grants totaling $7,557,839. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen J Hendrickson Pres/treas/dir. | 8 | $0 | |
David L Mccord Clerk & Director | 0.5 | $0 | |
Jonathan P Hendrickson Director (eff. 7.10.23) | 0.25 | $0 | |
G Timothy Johnson MD Director | 0.25 | $0 | |
Jamie L Schroeder Director (eff. 7.10.23) | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $45,268 |
| Dividends & Interest | $303,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $379,330 |
| Capital Gain Net Income | $379,330 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $106 |
| Total Revenue | $728,647 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,520 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $73,127 |
| Total operating and administrative expenses | $140,544 |
| Contributions, gifts, grants paid | $2,113,690 |
| Total expenses and disbursements | $2,254,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,240 |
| Savings and temporary cash investments | $1,170,893 |
| 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 | $3,055 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,887,285 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $877,982 |
| 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 | $877,982 |
Grants Awarded
Over the last fiscal year, Stephen J Hendrickson Foundation Inc has awarded $2,113,690 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BETHEL AFRICAN METHODIST EPISCOPAL CHURCH PURPOSE: GENERAL SUPPORT | $126,623 |
EL SOL JUPITER'S NEIGHBORHOOD RESOURCE CENTER PURPOSE: GENERAL SUPPORT | $10,000 |
FOUNDATION FOR NATIONAL PROGRESS PURPOSE: GENERAL SUPPORT | $108,914 |
EPISCOPAL CHURCH OF THE GOOD SHEPHERD PURPOSE: GENERAL SUPPORT | $37,066 |
CATHEDRAL CHURCH OF ST PAUL PURPOSE: GENERAL SUPPORT | $5,000 |
GREENLEAF CHRISTIAN CHURCH PURPOSE: GENERAL SUPPORT | $25,000 |