Pickering Foundation is located in Salem, MA. The organization was established in 1952. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pickering 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 12/2021, Pickering Foundation generated $122.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $93.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SHOWING OF HISTORIC HOME, MAINTAIN A SOURCE OF ORIGINAL DOCUMENTS CONNECTED TO THE REVOLUTIONARY WAR, COLONIAL PERIOD AND 20TH CENTURY. PROVIDE EDUCATIONAL SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOWING OF THE PICKERING HOUSE TO THE GENERAL PUBLIC, MAINTAIN AS A SOURCE OF ORIGINAL HISTORICAL DOCUMENTS CONNECTED WITH THE REVOLUTIONARY WAR, COLONIAL PERIOD AND HISTORY OF THE UNITED STATES OF AMERICA TO THE PRESENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda Dini Jenkins Ex. Director | OfficerTrustee | 15 | $0 |
Deborah Jackson Treasurer | OfficerTrustee | 1 | $0 |
Milicent Armstrong Secretary | OfficerTrustee | 0.25 | $0 |
Timothy Pickering Jr President | Officer | 0.25 | $0 |
Carol Pickering V. Pres | Officer | 0.25 | $0 |
Katharine Pickering Trustee | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $20,076 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $26,984 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $47,060 |
Total Program Service Revenue | $0 |
Investment income | $11,551 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $21,525 |
Net Gain/Loss on Asset Sales | $42,518 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $122,654 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,700 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,047 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $998 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,025 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,769 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,941 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,162 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,494 |
All other expenses | $0 |
Total functional expenses | $93,609 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,159 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $54,375 |
Investments—publicly traded securities | $459,578 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $526,112 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $526,112 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $526,112 |
Over the last fiscal year, we have identified 1 grants that Pickering Foundation has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Alvord Family Foundation Tr Boston, MA PURPOSE: GENERAL CONTRIBUTION | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |
Greenwich Historical Society Inc Cos Cob, CT | $25,626,567 | $1,529,771 |