Abbot & Dorothy H Stevens Foundation

Organization Overview

Abbot & Dorothy H Stevens Foundation is located in North Andover, MA. The organization was established in 1954. 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. Abbot & Dorothy H Stevens 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, Abbot & Dorothy H Stevens Foundation generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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 $378,041
Net Rental Income$0
Net Gain on Sale of Assets $1,108,557
Capital Gain Net Income $1,108,557
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,190,631
Total Revenue $2,677,229

Grants Awarded

Over the last fiscal year, Abbot & Dorothy H Stevens Foundation has awarded $202,500 in support to 4 organizations.

Grant RecipientAmount

ELEVATED THOUGHT

PURPOSE: SUPPORT FOR A MANAGEMENT PROFESSIONA

$70,000

SQUASHBUSTERS

PURPOSE: CAPITAL FOR THE CONSTRUCTION OF A YO

$62,500

LAWRENCE GENERAL HOSPITAL

Org PageRecipient Profile

Lawrence, MA

PURPOSE: CARDIAC CATHETERIZATION LAB IMAGING

$50,000

ESSEX COUNTY COMMUNITY FOUNDATION

Org PageRecipient Profile

Danvers, MA

PURPOSE: DIGITAL EQUITY INITIATIVE

$20,000
View Grant Profile

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