Ince Foundation Inc
- Assets
- $629.6k
- Revenue
- $60.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 14-1761628
Organization Overview
Ince Foundation Inc is located in Cambridge, MA. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ince 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, Ince Foundation Inc generated $60.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $35.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS PART OF ITS TECHNOLOGY FOR A QUIETER AMERICA (TQA) PROGRAM, THE INCE FOUNDATION FUNDED THE FOLLOWING:* THE INCE FOUNDATION CO-SPONSORED A TWO-DAY VIRTUAL WORKSHOP "ADVANCES IN NOISE CONTROL ENGINEERING." THE WORKSHOP WAS HOSTED BY THE NATIONAL ACADEMY OF ENGINEERING ON OCTOBER 20-21, 2021. * A REPORT WAS PREPARED AND PRINTED IN 2021 FOR THE 2020 2-DAY TQA VIRTUAL WORKSHOP "AERIAL MOBILITY: NOISE ISSUES AND TECHNOLOGY." * COPIES OF ALL PREVIOUS TQA WORKSHOP REPORTS ARE AVAILABLE ON-LINE AT NO COST.
AWARDS AND MEDALS FUNDED BY THE INCE FOUNDATION DURING CY 2021 ARE LISTED BELOW:* INCE/USA STUDENT PAPER AND CLASSIC PAPER AWARDS FUNDED TO THREE STUDENTS AND PRESENTED DURING INTER-NOISE 2021 CONFERENCE * LEO BERANEK MEDALS FOR EXCELLENCE IN NOISE CONTROL STUDIES WERE AWARDED TO THREE STUDENTS IN 2021* LAYMON N. MILLER EXCELLENCE IN ACOUSTICAL CONSULTING AWARD FUNDED IN 2021*2020 AND 2021 MARTIN HISCHORN/IAC STUDENT PROJECT AWARDS WERE FUNDED IN 2021* INCE/USA UNDERGRADUATE STUDENT PROJECT AWARD WAS FUNDED IN 2021* THE HALLBERG FOUNDATION AND MICHIKO SO FINEGOLD TRAVEL AWARDS WERE NOT AWARDED IN 2021 SINCE INTER-NOISE 2021 WAS VIRTUAL*THE 2021 INCE STUDENT SCHOLARSHIP WAS FUNDED AND PRESENTED AT INTER-NOISE 2021
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric W Wood President | OfficerTrustee | 15 | $0 |
Gordon Ebbitt Vice President Of Development | OfficerTrustee | 4 | $0 |
Robert D Hellweg Jr Treasurer | OfficerTrustee | 15 | $0 |
James K Thompson Secretary | OfficerTrustee | 5 | $0 |
George C Maling Director | Trustee | 15 | $0 |
Patricia Davies Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,980 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,980 |
| Total Program Service Revenue | $0 |
| Investment income | $10,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,995 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
| Grants and other assistance to domestic individuals. | $12,185 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,951 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,421 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $35,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $250,537 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $379,099 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $629,636 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $629,636 |
| Total liabilities and net assets/fund balances | $629,636 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ince Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
E L & R F Hallberg Foundation Chicago, IL PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Mayanot Institute Inc New York, NY | $1,023,168 | $4,053,714 |
Four-Four Foundation Inc New York, NY | $21,732,131 | $6,162,056 |
Jkw Foundation Tr Ua 092597 New York, NY | $38,873,662 | $1,124,358 |
New England Region Volleyball Association Inc North Andover, MA | $1,524,058 | $3,442,158 |
Bristol County Savings Charitable Foundation Inc Taunton, MA | $0 | $5,133,523 |
Olean General Hospital Foundation Olean, NY | $48,066,140 | $6,076,941 |
Annie Rowell Intrvs Tr Bedford, NH | $26,148,816 | $5,812,067 |
Agudath Israel Of America Foundation New York, NY | $3,877,624 | $1,631,561 |
Adam R Rose Foundation New York, NY | $2,822,495 | $728,738 |
Katherine L W And Winthrop M Crane Foundation Boston, MA | $1,410,350 | $177,771 |
Louis Greenspan Charitable Tr Poughkeepsie, NY | $3,331,686 | $170,192 |
Frances Pope Memorial Foundation Inc New York, NY | $298,462 | $214,690 |