John W And Clara C Higgins Foundation
- Assets
- $881.9k
- Revenue
- $62.4k
- Investments
- $787.2k
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 05/1958
- Data as of
- 12/2022
- EIN
- 04-6026914
Organization Overview
John W And Clara C Higgins Foundation is located in Worcester, MA. The organization was established in 1958. 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. John W And Clara C Higgins Foundation 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, John W And Clara C Higgins Foundation generated $62.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $184.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, John W And Clara C Higgins Foundation has awarded 367 individual grants totaling $569,150. 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 |
|---|---|---|---|
Veronica Wilding-White Winters Trustee | 1 | $0 | |
Elisabeth H Null Trustee | 1 | $0 | |
Heather J Welding Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,677 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,668 |
| Capital Gain Net Income | $32,668 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28 |
| Total Revenue | $62,373 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $195 |
| Total operating and administrative expenses | $46,975 |
| Contributions, gifts, grants paid | $137,150 |
| Total expenses and disbursements | $184,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,803 |
| Savings and temporary cash investments | $80,913 |
| 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 | $787,156 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $881,872 |
| 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, John W And Clara C Higgins Foundation has awarded $137,150 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
ACADIA WILD LIFE FOUNDATION PURPOSE: 2022 GRANT HIGGINS/NULL (JACOB) | $1,000 |
ACADIAN YOUTH SPORTS PURPOSE: 2022 GRANT HIGGINS/NULL (JACOB) | $1,000 |
AMERICAN CIVIL LIBERTIES UNION OF M PURPOSE: 2022 GRANT HIGGINS/NULL (JACOB) | $1,000 |
ANIMAL HUMANE ASSOCIATION OF NEW ME PURPOSE: WW 2022 GRANT - GENERAL (JAMES) | $11,000 |
ANTHROPOCENE ALLIANCE PURPOSE: GENERAL - 2022 GRANT - HIGGINS / NUL | $1,000 |
ARTIST ORGANIZED ART INC PURPOSE: GENERAL - HANNAH HIGGINS FAMILY | $1,250 |