Westborough Education Foundation Inc

Organization Overview

Westborough Education Foundation Inc is located in Westborough, MA. The organization was established in 1997. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westborough Education 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 08/2022, Westborough Education Foundation Inc generated $70.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $27.9k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) 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 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

AWARD GRANTS TO APPLICANTS, FOLLOWING EVALUATION PROCESS, TO FUND INNOVATIVE EDUCATIONAL PROGRAMS, IN ACCORDANCE WITH ARTICLES OF ORGANIZATION AND OUR EXEMPT PURPOSE


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$30,735
Total Program Service Revenue$0
Membership dues$0
Investment income $10,545
Gain or Loss$5,143
Net Income from Gaming & Fundraising$24,135
Other Revenue$0
Total Revenue$70,558

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Westborough Education Foundation Inc has recieved totaling $1,444.

Awarding OrganizationAmount
Fidelity Foundation

Boston, MA

PURPOSE: MATCHING GIFTS TO EDUCATION

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$444
View Grant Recipient Profile

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