H Eric Cushing Foundation Tr
- Assets
- $5.8m
- Revenue
- $744.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Chestnut Hill, MA
- Founding
- 02/2004
- Data as of
- 11/2023
- EIN
- 11-3672319
Organization Overview
H Eric Cushing Foundation Tr is located in Chestnut Hill, MA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. H Eric Cushing Foundation Tr 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 11/2023, H Eric Cushing Foundation Tr generated $744.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $340.1k during the year ending 11/2023. While expenses have increased by 14.9% per year over the past 4 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, H Eric Cushing Foundation Tr has awarded 25 individual grants totaling $620,553. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,957 |
| Interest on Savings | $10 |
| Dividends & Interest | $276,009 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $217,796 |
| Capital Gain Net Income | $216,126 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $744,772 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $25,000 |
| Pension plans, employee benefits | $1,954 |
| Interest | $0 |
| Taxes | $6,338 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,316 |
| Total operating and administrative expenses | $77,078 |
| Contributions, gifts, grants paid | $263,000 |
| Total expenses and disbursements | $340,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,779,959 |
| 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 | $5,779,959 |
| 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, H Eric Cushing Foundation Tr has awarded $263,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
YALE UNIVERSITY PURPOSE: EDUCATION | $175,000 |
PANTHERA PURPOSE: GENERAL WELFARE | $1,000 |
THE WILD ANIMAL SANCTUARY PURPOSE: GENERAL WELFARE | $1,000 |
SAN DIEGO ZOO WILDLIFE ALLIANCE PURPOSE: GENERAL WELFARE | $1,000 |
AMERICAN HUMANE ASSOCIATION PURPOSE: GENERAL WELFARE | $2,000 |
OCEANA INC PURPOSE: GENERAL WELFARE | $3,000 |