Cohasset Local Education Foundation Ltd

Organization Overview

Cohasset Local Education Foundation Ltd is located in Cohasset, MA. The organization was established in 1993. According to its NTEE Classification (T30) the organization is classified as: Public 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. Cohasset Local Education Foundation Ltd 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, Cohasset Local Education Foundation Ltd generated $126.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $59.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE COHASSET LOCAL EDUCATION FOUNDATION. LTD OPERATES FOR THE PRIMARY PURPOSE TO PROMOTE ACADEMIC EXCELLENCE IN THE PUBLIC SCHOOLS BY IDENTIFYING PROJECTS BEYOND THE SCOPE OF THE TRADITIONAL SCHOOL BUDGET AND BY SUPPORTING THOSE PROJECTS THROUGH A VARIETY OF FUNDRAISING EFFORTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COHASSET LOCAL EDUCATION FOUNDATION, LTD. OPERATES FOR THE PRIMARY PURPOSE TO PROMOTE ACADEMIC EXCELLENCE IN THE PUBLIC SCHOOLS BY IDENTIFYING PROJECTS BEYOND THE SCOPE OF THE TRADITIONAL SCHOOL BUDGET AND BY SUPPORTING THOSE PROJECTS THROUGH A VARIETY OF FUNDRAISING EFFORTS.


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Board, Officers & Key Employees

Name (title)Compensation
Meaghan Barry
Vice President
$0
Marina Gustafson
Treasurer
$0
Kristin Quinn
President
$0
Jen Lesky
Secretary
$0
Ruth Steel
Director
$0
Amy Alberti
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$84,412
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$84,412
Total Program Service Revenue$0
Investment income $18,537
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,190
Net Income from Fundraising Events $21,299
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $126,438

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Cohasset Local Education Foundation Ltd has recieved totaling $1,541.

Awarding OrganizationAmount
Sherbrooke Family Charitable Trust

Cohasset, MA

PURPOSE: CHARITY

$1,000
Taniguchi Deane Family Foundation

Cohasset, MA

PURPOSE: EDUCATION INSTITUTION SUPPORT

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$41
View Grant Recipient Profile

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