Research Support Fund

Organization Overview

Research Support Fund is located in Amherst, MA. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Research Support Fund 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 12/2021, Research Support Fund generated $548.5k 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 (3.0%) each year. All expenses for the organization totaled $335.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.5%) 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RESEARCH SUPPORT FUND'S MISSION IS TO SUPPORT THE POLITICAL ECONOMY RESEARCH INSTITUTE (PERI) AT THE UNIVERSITY OF MASSACHUSETTS AMHERST AND ITS RESEARCH AND PUBLIC EDUCATION ON MATTERS OF ECONOMIC, SOCIAL AND PUBLIC POLICY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT THE POLITICAL ECONOMY RESEARCH INSTITUTE'S (PERI) AT THE UNIVERSITY OF MASSACHUSETTS AMHERST RESEARCH, EDUCATION AND OUTREACH PROGRAMS ON ISSUES OF POLITICAL ECONOMY.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Pollin
Board President
$0
Gerald Epstein
Board Treasurer & Clerk
$0
David Faytell
Board Vice President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chandler Architectural Products Inc
Construction
$372,926
Lexington Group Inc
Construction
$210,621
Harry Grodsky & Co Inc
Construction
$121,412
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$20,757
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$240,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$260,757
Total Program Service Revenue$71,000
Investment income $90,594
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $126,149
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $548,500

Grants Awarded

Over the last fiscal year, Research Support Fund has awarded $89,557 in support to 2 organizations.

Grant RecipientAmount

POLITICAL ECONOMY RESEARCH INSTITUTE

Org PageRecipient Profile

Shrewsbury, MA

PURPOSE: EQUIPMENT AND OTHER ASSISTANCE

$59,557

PERI SUPPORT FUND INC

Org PageRecipient Profile

Amherst, MA

PURPOSE: SUPPORT PERI SUPPORT FUND

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Research Support Fund has recieved totaling $5,917.

Awarding OrganizationAmount
Peri Support Fund Inc

Amherst, MA

PURPOSE: SUPPORT RESEARCH SUPPORT FUND'S RESEARCH & EDUCATION

$5,917
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,463,403
Earnings$780,762
Ending Balance$6,244,165

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