Grimshaw Gudewicz Charitable Foundation
- Assets
- $22.0m
- Revenue
- $3.7m
- Investments
- $21.4m
- Employees
- 0
- Location
- Fall River, MA
- Founding
- 07/1995
- Data as of
- 12/2022
- EIN
- 04-6778721
Organization Overview
Grimshaw Gudewicz Charitable Foundation is located in Fall River, MA. The organization was established in 1995. 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. Grimshaw Gudewicz Charitable 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, Grimshaw Gudewicz Charitable Foundation generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Grimshaw Gudewicz Charitable Foundation has awarded 660 individual grants totaling $11,300,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Robbins Trustee | 10 | $44,577 | |
Andrew Shabshelowitz Trustee | 10 | $44,577 | |
Jason Marshall Trustee | 10 | $44,577 | |
Anne Fazendeiro Trustee | 10 | $44,577 | |
Bernard Ag Taradash Trustee | 10 | $44,578 | |
Stephen J Hanna Trustee | 10 | $44,578 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,568 |
| Dividends & Interest | $470,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,275,763 |
| Capital Gain Net Income | $3,275,763 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,748,284 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $267,464 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50,934 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $344 |
| Total operating and administrative expenses | $330,207 |
| Contributions, gifts, grants paid | $1,500,000 |
| Total expenses and disbursements | $1,830,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $582,395 |
| 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 | $6,415,988 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,996,632 |
| 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 | $23,578 |
| Total liabilities | $23,578 |
Grants Awarded
Over the last fiscal year, Grimshaw Gudewicz Charitable Foundation has awarded $1,500,000 in support to 89 organizations.
| Grant Recipient | Amount |
|---|---|
DANA FARBER CANCER INSTITUTE PURPOSE: PAN MASS CHALLENGE | $20,000 |
ATLANTIS CHARTER SCHOOL PURPOSE: ROWING PROGRAM | $3,000 |
ALTEMONT LODGE #26 PURPOSE: OPERATING | $2,000 |
AMOS FORTUNE FORUM PURPOSE: OPERATING | $500 |
ANDY'S SUMMER PLAYHOUSE PURPOSE: OPERATING | $500 |
FAXON ANIMAL RESCUE LEAGUE OF GREATERFALL RIVER PURPOSE: OPERATING | $3,000 |