Grenfell Association Of America
- Assets
- $21.7m
- Revenue
- $1.8m
- Investments
- $20.9m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/1987
- Data as of
- 12/2021
- EIN
- 13-6083942
Organization Overview
Grenfell Association Of America is located in Boston, MA. The organization was established in 1987. 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. Grenfell Association Of America 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, Grenfell Association Of America generated $1.8m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 6.0% 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 2019, Grenfell Association Of America has awarded 136 individual grants totaling $2,912,315. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Keating Hagmann President Emeritus | 0.5 | $0 | |
Cynthia A Roney President And Director | 0.5 | $0 | |
Timothy Simpson Vice President And Secretary | 0.25 | $0 | |
Jennifer Smith Treasurer | 3 | $0 | |
Belle Potter Marks Director | 0.25 | $0 | |
Stephanie Hodge Director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brown Brothers Harriman | 12/30/21 | $113,533 |
International Grenfell Association | 12/30/21 | $52,514 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,259 |
| Dividends & Interest | $346,003 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,290,106 |
| Capital Gain Net Income | $1,290,106 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $136,529 |
| Total Revenue | $1,780,897 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,307 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,351 |
| Total operating and administrative expenses | $273,359 |
| Contributions, gifts, grants paid | $1,213,972 |
| Total expenses and disbursements | $1,487,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151 |
| Savings and temporary cash investments | $766,466 |
| 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 | $7,408 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,226,975 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $511 |
| Total assets | $21,686,809 |
| Accounts payable and accrued expenses | $51,771 |
| Grants payable | $345,778 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $90,000 |
| Total liabilities | $487,549 |
Grants Awarded
Over the last fiscal year, Grenfell Association Of America has awarded $1,423,263 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL UNIVERSITY - RURAL 360 PURPOSE: RURAL 360: EXPANDING AND ENHANCING THE CAPACITY FOR RURAL COMMUNITY HEALTH RESEARCH IN NORTHERN NEWFOUNDLAND AND COASTAL LABRADOR | $121,418 |
MEMORIAL UNIVERSITY - RURAL 360 PURPOSE: RURAL 360: EXPANDING AND ENHANCING THE CAPACITY FOR RURAL COMMUNITY HEALTH RESEARCH IN NORTHERN NEWFOUNDLAND AND COASTAL LABRADOR | $118,320 |
LABRADOR GRENFELL HEALTH PURPOSE: HISTORICAL MONUMENTS TO DR. GRENFELL'S LEGACY | $99,396 |
LABRADOR INSTITUTE OF MEMORIAL UNIVERSITY PURPOSE: FARM BASED COMMUNITY WELLNESS PROGRAMMING AT THE PYE CENTRE FOR NORTHERN BOREAL FOOD SYSTEMS | $80,945 |
LABRADOR INSTITUTE OF MEMORIAL UNIVERSITY PURPOSE: FARM BASED COMMUNITY WELLNESS PROGRAMMING AT THE PYE CENTRE FOR NORTHERN BOREAL FOOD SYSTEMS | $78,880 |
LABRADOR GRENFELL HEALTH PURPOSE: JOURNEY TO CULTURAL SAFETY-NEXT STEPS | $73,660 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grenfell Association Of America has recieved totaling $6,036.
| Awarding Organization | Amount |
|---|---|
James H Nelson Trust Fund U/W Of Wilhelmina H Nelson F/B/O Buffalo, NY PURPOSE: GENERAL PURPOSE | $6,036 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |