Ernest Fortin Memorial Foundation Inc

Organization Overview

Ernest Fortin Memorial Foundation Inc is located in Beverly, MA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ernest Fortin Memorial 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 12/2022, Ernest Fortin Memorial Foundation Inc generated $5.0k 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 (11.0%) each year. All expenses for the organization totaled $40.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Dennis Gallagher
President
$0
Martha Rice Martini
Treasurer & Secretary
$0
Stephen F Brown
Director
$0
Robert Faulkner
Director
$0
Daniel J Mahoney
Director
$0
Rev Paul W Mcnellis
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $15
Dividends & Interest $1,019
Net Rental Income$0
Net Gain on Sale of Assets $4,012
Capital Gain Net Income $4,012
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $5,046

Grants Awarded

Over the last fiscal year, Ernest Fortin Memorial Foundation Inc has awarded $38,000 in support to 19 organizations.

Grant RecipientAmount

AUSTIN WILLIAMS

PURPOSE: EDUCATIONAL GRANT

$2,000

GUANG YANG

PURPOSE: EDUCATIONAL GRANT

$2,000

JOHN D STREICHEN II

PURPOSE: EDUCATIONAL GRANT

$2,000

MAGNUS FERGUSON

PURPOSE: EDUCATIONAL GRANT

$2,000

NATHAN DAVIS

PURPOSE: EDUCATIONAL GRANT

$2,000

NICOLAS WESTBERG

PURPOSE: EDUCATIONAL GRANT

$2,000
View Grant Profile

Peer Organizations

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$4,849,821
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$8,642,675
Low Road Foundation
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$9,956,838
The Gaudio Family Foundation
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$19,096,524
Hunt Street Fund Inc
Needham, MA
$1,132,784
Sunshine Charitable Foundation
Boston, MA
$31,982,611
The Grossman Family Foundation
Cos Cob, CT
$19,398,345
New North Citizens Council
Springfield, MA
$10,021,168
Thomas W Haas Foundation
Greenland, NH
$23,898,654
Irene E And George A Davis Foundation
Springfield, MA
$10,687,163
Margaret A Nagel Tr Uw Art 2
Jericho, NY
$58,879
Lavelle Fund For The Blind Inc
New York, NY
$929,745
Swartz Foundation Trust
New York, NY
$3,926,191
The Carter Burden Network
New York, NY
$7,580,726
Riff Foundation
Boston, MA
$12,415,018
The Mellen Charitable Foundation Inc
Boston, MA
$5,437,727
Mccall Foundation Inc
Torrington, CT
$7,203,392
Laffont Family Foundation
New York, NY
$47,730,500
Wilma S And Laurence A Tisch Foundation
New York, NY
$6,373,102
Della Pietra Foundation
Jericho, NY
$7,361,516
Leslie B Barrett Foundation
Stamford, CT
$391,427
Raymond Debbane Family Foundation
New York, NY
$47,457,198
Warburg Pincus Foundation
New York, NY
$5,839,210
Henry P Kendall Foundation Trust
Boston, MA
$16,619,397
Glenn Greenbeg And Linda Vester Foundation Inc
New York, NY
$16,832,155

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