Yawkey Foundation
- Assets
- $79.9m
- Revenue
- $8.1m
- Investments
- $78.4m
- Employees
- 0
- Location
- Dedham, MA
- Founding
- 04/1977
- Data as of
- 12/2021
- EIN
- 13-2890749
Organization Overview
Yawkey Foundation is located in Dedham, MA. The organization was established in 1977. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Yawkey 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, Yawkey Foundation generated $8.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Yawkey Foundation has awarded 38 individual grants totaling $4,112,975. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MADE DIRECT PAYMENTS FOR RENOVATION AND REPAIRS COSTS INCURRED FOR THE TOM YAWKEY WILD LIFE CENTER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen H Bleday Chief Executive Officer | 10 | $77,343 | |
John A Desisto Chief Investment Officer | 10 | $62,230 | |
John M Redmond COO / CFO & Treasurer | 10 | $52,451 | |
Alicia K Verity Chief Programs Officer & Secretary | 10 | $47,117 | |
John L Harrington Board Chair / Trustee | 4 | $0 | |
William B Gutfarb Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Terakeet Llc | 12/30/21 | $157,000 |
Vaughan Nelson Investment Management | 12/30/21 | $149,812 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37 |
| Dividends & Interest | $1,558,012 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,572,051 |
| Capital Gain Net Income | $5,855,822 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $965 |
| Total Revenue | $8,131,065 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $239,141 |
| Other employee salaries and wages | $90,470 |
| Pension plans, employee benefits | $202,456 |
| Interest | $0 |
| Taxes | $149,963 |
| Depreciation | $4,599 |
| Occupancy | $34,743 |
| Travel, conferences, and meetings | $8,862 |
| Printing and publications | $95 |
| Other expenses | $59,143 |
| Total operating and administrative expenses | $1,306,128 |
| Contributions, gifts, grants paid | $3,213,666 |
| Total expenses and disbursements | $4,519,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,350 |
| Savings and temporary cash investments | $474,208 |
| 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 | $5,444,435 |
| Net Land, buildings, and equipment | $808,476 |
| Other assets | $0 |
| Total assets | $79,901,804 |
| 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, Yawkey Foundation has awarded $3,213,666 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH CAROLINA DEPARTMENT OF NATURAL RESOURCES PURPOSE: ONGOING SUPPORT FOR CAPITAL, MAINTENANCE, AND EDUCATION PROGRAMS AT TOM YAWKEY WILDLIFE CENTER | $2,048,666 |
Needham, MA PURPOSE: RENOVATION AND INSTALLATION OF BASEBALL FIELD | $200,000 |
Georgetown, SC PURPOSE: RENOVATE NEW FACILITY & PROGRAMS FOR UNDERSERVED RESIDENTS OF GEORGETOWN, SC | $175,000 |
Needham, MA PURPOSE: SUPPORT FOR PAN MASS CHALLENGE KID RIDES FOR CANCER RESEARCH | $125,000 |
Boston, MA PURPOSE: CANCER RESEARCH AND PATIENT AND FAMILY PROGRAMS AND SERVICES | $100,000 |
NATURE CONSERVANCY PURPOSE: LAND PRESERVATION, PROTECTION AND MANAGEMENT PROGRAMS IN SOUTH CAROLINA | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lighthouse Guild International Inc New York, NY | $511,507,297 | $10,629,551 |
North Star Fund Inc New York, NY | $26,831,975 | $32,265,698 |
Granite United Way Manchester, NH | $10,904,464 | $19,030,593 |
United Way Of Buffalo And Erie County Buffalo, NY | $31,555,637 | $14,020,396 |
United Way Of Long Island Deer Park, NY | $13,444,061 | $14,770,315 |
Wellington Management Foundation Boston, MA | $61,260,814 | $15,149,104 |
Keren Hayeshivot Trust Brooklyn, NY | $1,238,192 | $11,653,329 |
Ovarian Cancer Research Fund Inc New York, NY | $32,985,153 | $13,088,201 |
United Way Of Tri County Inc Framingham, MA | $6,314,872 | $10,584,211 |
United Way Of Greater New Haven Inc New Haven, CT | $7,094,504 | $11,335,998 |
United Way Inc Hartford, CT | $29,196,738 | $12,702,734 |
United Way Of Central New York Inc Syracuse, NY | $9,420,955 | $9,385,723 |