Arbella Insurance Foundation Inc

Organization Overview

Arbella Insurance Foundation Inc is located in Boston, MA. The organization was established in 2005. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Arbella Insurance Foundation Inc 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, Arbella Insurance Foundation Inc generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 48.6% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 22.8% 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.

Since 2020, Arbella Insurance Foundation Inc has awarded 1,345 individual grants totaling $7,877,026. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

BEGINNING IN DECEMBER 2009, THE FOUNDATION CONTRACTED WITH A COMPANY TO BUILD A TRAILER THAT INCLUDED A SIMULATION PROGRAM FOR NEW DRIVERS TO TEACH THEM ABOUT DISTRACTED DRIVING.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,000,000
Interest on Savings $0
Dividends & Interest $434,221
Net Rental Income$0
Net Gain on Sale of Assets $1,952,592
Capital Gain Net Income $1,952,592
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $7,386,813

Grants Awarded

Over the last fiscal year, Arbella Insurance Foundation Inc has awarded $5,085,671 in support to 666 organizations.

Grant RecipientAmount

BOSTON SYMPHONY ORCHESTRA

Org PageRecipient Profile

Boston, MA

PURPOSE: UNRESTRICTED OPERATING FUNDS

$231,560

RIAN IMMIGRANT CENTER

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL OPERATIONS

$200,000

FATHER BILL'S AND MAINSPRING 2021

PURPOSE: GENERAL OPERATIONS

$200,000

FATHER BILL'S AND MAINSPRING

PURPOSE: GENERAL OPERATIONS

$200,000

FATHER BILL'S MAINSPRING

PURPOSE: UNRESTRICTED OPERATING FUNDS

$155,310

BOSTON CELTICS ALL STAR PROGRAM

PURPOSE: GENERAL OPERATIONS

$150,000
View Grant Profile

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