Florence Savings Easthampton Branch Charitable Foundation Inc is located in Florence, MA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Florence Savings Easthampton Branch 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 10/2022, Florence Savings Easthampton Branch Charitable Foundation Inc generated $13.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $72.9k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Florence Savings Easthampton Branch Charitable Foundation Inc has awarded 34 individual grants totaling $150,835. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin R Day President | 1 | $0 | |
Andre J Motulski Assistant Treasurer | 1 | $0 | |
Melissa Richardson Clerk | 1 | $0 | |
Thomas L Whiteley Ended 52622 Director | 1 | $0 | |
Virginia L Smith Director | 1 | $0 | |
Anita J Sedlak Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $22,579 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$9,174 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $13,405 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $858 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $35 |
Total operating and administrative expenses | $7,573 |
Contributions, gifts, grants paid | $65,335 |
Total expenses and disbursements | $72,908 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
Total assets | $0 |
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 |
Over the last fiscal year, Florence Savings Easthampton Branch Charitable Foundation Inc has awarded $65,335 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
EASTHAMPTON COMMUNITY CENTER PURPOSE: EXEMPT PURPOSE | $53,335 |
EMILY WILLISTON MEMORIAL LIBRARY PURPOSE: EXEMPT PURPOSE | $2,500 |
EASTHAMPTON HIGH SCHOOL PURPOSE: EXEMPT PURPOSE | $2,000 |
FRIENDS OF WESTHAMPTON PUBLIC LIBRARY PURPOSE: EXEMPT PURPOSE | $1,000 |
MASS AUDUBON CONNECTICUT RIVER SANCTUARIES PURPOSE: EXEMPT PURPOSE | $2,500 |
HAMPSHIRE REGIONAL HIGH SCHOOL PURPOSE: EXEMPT PURPOSE | $1,000 |