William R And Ruth D Cuming Char Foundation
- Assets
- $690.1k
- Revenue
- -$301.1k
- Investments
- $689.1k
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 04-3423911
Organization Overview
William R And Ruth D Cuming Char Foundation is located in Cambridge, 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. William R And Ruth D Cuming Char Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, William R And Ruth D Cuming Char Foundation has awarded 75 individual grants totaling $1,128,597. 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 |
|---|---|---|---|
John W Cuming Trustee | 1 | $0 | |
Jon E Steffensen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $525 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$301,654 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$301,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $785 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,354 |
| Total operating and administrative expenses | $57,139 |
| Contributions, gifts, grants paid | $142,600 |
| Total expenses and disbursements | $199,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,066 |
| 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 | $689,059 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $690,125 |
| 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, William R And Ruth D Cuming Char Foundation has awarded $142,600 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
DANA FARBER CANCER INSTITUTE PURPOSE: CUMING FAMILY FUND FOR PEDIATRIC BRAIN TUMOR RESEARCH | $25,000 |
JOE ANDRUZZI FOUNDATION PURPOSE: GENERAL PURPOSES | $4,600 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: FOR DELTA V ACCELERATOR AT MARTIN TRUST CENTER FOR MIT ENTREPRENEURSHIP | $25,000 |
RIVERSIDE COMMUNITY CARE INC PURPOSE: FOR GUIDANCE CENTER | $5,000 |
THE BELMONT DAY SCHOOL PURPOSE: ANNUAL FUND | $15,000 |
UNIVERSITY OF NEW ENGLAND PURPOSE: SUPPORT OF THE ART GALLERY AND THE WESTBROOK COLLEGE ANNUAL ALUMNI FUND | $2,000 |