Dedham Institution For Savings Foundationa
- Assets
- $3.1m
- Revenue
- $331.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 04-3423462
Organization Overview
Dedham Institution For Savings Foundationa is located in Boston, MA. The organization was established in 1998. 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. Dedham Institution For Savings Foundationa 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 12/2022, Dedham Institution For Savings Foundationa generated $331.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $317.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Dedham Institution For Savings Foundationa has awarded 229 individual grants totaling $1,989,635. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerard Lavoie Trustee | 1 | $0 | |
Juanita Allen Kingsley Trustee | 1 | $0 | |
Mark C Ingalls Trustee | 1 | $0 | |
Peter G Brown Trustee | 1 | $0 | |
Liz Bissell Trustee | 1 | $0 | |
Dean P Plakias Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $1,667 |
| Dividends & Interest | $69,184 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,840 |
| Capital Gain Net Income | $200,650 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $59,177 |
| Total Revenue | $331,368 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,767 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,149 |
| Total operating and administrative expenses | $50,082 |
| Contributions, gifts, grants paid | $267,700 |
| Total expenses and disbursements | $317,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,448 |
| Savings and temporary cash investments | $323,580 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $646,967 |
| Total assets | $3,113,204 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Dedham Institution For Savings Foundationa has awarded $267,700 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
UP EDUCATION NETWORK PURPOSE: FUND PROGRAMMING & | $5,000 |
HOLBROOK ECUMENICAL FOOD PURPOSE: TO FUND FOOD DONATIONS | $1,500 |
NEW LIFE FURNITURE BANK OF MA PURPOSE: TO FUND PURCHASE OF A TRUCK | $2,500 |
ST JOHNS NURSERY SCHOOL PURPOSE: 50TH ANNIVERSARY CAMPAIGN | $5,000 |
FRAMINGHAM FOOD PANTRY PURPOSE: TO FUND FOOD DONATIONS | $1,500 |
DOVE INC PURPOSE: FUND PURCHASE OF WASHER & | $3,500 |