Auburndale Community Charitable Foundation Inc
- Assets
- $37.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 12/1997
- Data as of
- 04/2022
- EIN
- 04-3389789
Organization Overview
Auburndale Community Charitable Foundation Inc is located in Newton, MA. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Auburndale Community Charitable 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 04/2022, Auburndale Community Charitable Foundation Inc generated $68.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $65.0k during the year ending 04/2022. While expenses have increased by 4.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS FOR QUALIFIED CANDIDATES WHO LIVE IN AUBURNDALE, MA OR SURROUNDING COMMUNITY. CANDIDATES ARE EVALUATED BASED ON CRITERIA. PROSPECTIVE CANDIDATES SUBMIT A WRITTEN APPLICATION TO A SELECTION COMMITTEE. THE COMMITTEE WILL PERSONALLY INTERVIEW EACH CANDIDATE AND EVALUATE CANDIDATE BASED ON ACADEMIC PERFORMANCE, MOTIVATION, CHARACTER, AND ABILITY. FINANCIAL CONSIDERATION DOES NOT RECEIVE ANY GREATER WEIGHT THAN OTHER CRITERIA. THE SCHOLARSHIP IS PAID DIRECTLY TO THE INDIVIDUAL. THE FOUNDATION MONITORS RECIPIENTS ACADEMIC PERFORMANCE AND RECEIVES UPDATES FROM THE SCHOOL FACULTY. TWENTY SIX SCHOLARSHIPS WERE AWARDED IN FISCAL YEAR ENDED 4/30/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfonso DE Vito President | 1 | $0 | |
Joseph A DE Vito Treasurer | 1 | $0 | |
Kenneth C Brennan Clerk | 1 | $0 | |
Carol E Chafetz Director | 1 | $0 | |
Joseph G Cosgrove Director | 1 | $0 | |
Victor A Nicolazzo Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,920 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $44 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,235 |
| Other Revenue | $0 |
| Total Revenue | $68,199 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35 |
| Total expenses | $65,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,384 |
| Other assets | $0 |
| Total assets | $37,384 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,384 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Auburndale Community Charitable Foundation Inc has recieved totaling $1,400.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: FOR GENERAL OPERATIONS | | $1,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |