Louis E Wolfson Foundation Gilmore Rees & Carlson
- Assets
- $509.8k
- Revenue
- $19.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Weston, MA
- Founding
- 06/1952
- Data as of
- 06/2024
- EIN
- 04-6053295
Organization Overview
Louis E Wolfson Foundation Gilmore Rees & Carlson is located in Weston, MA. The organization was established in 1952. 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. Louis E Wolfson Foundation Gilmore Rees & Carlson 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 06/2024, Louis E Wolfson Foundation Gilmore Rees & Carlson generated $19.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (38.8%) each year. All expenses for the organization totaled $16.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (36.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Louis E Wolfson Foundation Gilmore Rees & Carlson has awarded 27 individual grants totaling $25,142,349. 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 |
|---|---|---|---|
Albert Cullen Jr Trustee | 0 | $0 | |
Jack London Trustee | 0 | $0 | |
Robert Penn Trustee | 0 | $0 | |
Jules Dienstag MD Trustee | 0 | $0 | |
Martin Cohne Trustee | 0 | $0 | |
Karen Antman MD Chair | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kaspick & Company | 6/29/18 | $84,310 |
Blumshapiro | 6/29/18 | $18,000 |
Janet Mattozzi | 6/29/18 | $7,000 |
Gilmore Rees & Calson | 6/29/18 | $1,685 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,062 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,999 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,089 |
| Total operating and administrative expenses | $16,509 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $16,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,755 |
| Savings and temporary cash investments | $465,062 |
| 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 | $509,817 |
| 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, Louis E Wolfson Foundation Gilmore Rees & Carlson has awarded $17,097,351 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HARVARD MEDICAL SCHOOL PURPOSE: TO PROVIDE LOANS TO NEEDY AND DESERV | $5,699,117 |
BOSTON UNIVERSTIY SCHOOL PURPOSE: TO PROVIDE LOANS TO NEEDY AND DESERV | $5,699,117 |
TUFTS UNIVERSITY SCHOOL O PURPOSE: TO PROVIDE LOANS TO NEEDY AND DESERV | $5,699,117 |