Do The Right Thing Foundation Tr
- Assets
- $188.6k
- Revenue
- $4.2k
- Investments
- $160.7k
- Employees
- 0
- Location
- Marblehead, MA
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 04-3509510
Organization Overview
Do The Right Thing Foundation Tr is located in Marblehead, MA. The organization was established in 2000. 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. Do The Right Thing Foundation Tr 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, Do The Right Thing Foundation Tr generated $4.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $2.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,191 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $44,363 |
| Net ST Capital Gain | $26,802 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,191 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,508 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,878 |
| 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 | $188,601 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $87,500 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $87,500 |
Grants Awarded
Over the last fiscal year, Do The Right Thing Foundation Tr has awarded $12,800 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
OWEN DABNEY PURPOSE: HOUSING | $2,300 |
BEVERLY PUBLIC SCHOOLS PURPOSE: SUPPORT | $1,500 |
Lawrence, MA PURPOSE: SUPPORT | $1,000 |
MIREYA LOPEZ PURPOSE: COVID RELIEF | $1,000 |
BOSTON AREA GLEANERS PURPOSE: FOOD PANTRY | $1,000 |
COVID RELIEF PURPOSE: COVID RELIEF | $500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Do The Right Thing Foundation Tr has recieved totaling $11,600.
| Awarding Organization | Amount |
|---|---|
Community Police Relations Foundation Fort Lauderdale, FL PURPOSE: COMMUNITY POLICING INITIATIVE - RECOGNIZES AND REWARDS STUDENTS THROUGH OUT MIAMI DADE COUNTY FOR POSITIVE BEHAVIOR, ACTIONS AND GOOD DEEDS IN CONJUNCTION WITH LOCAL LAW ENFORCEMENT. | $11,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
Motulsky-Nacht Family Foundation New York, NY | $171,149,787 | $10,722,392 |
Griffith R Harsh Iv And Margaret Cwhitman Charitable Foundation Albany, NY | $153,022,620 | $10,234,389 |