The@pitney Bowes Employee Involvement Fund Inc
- Assets
- $705.0k
- Revenue
- $2.0m
- Investments
- $79.2k
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 09/2004
- Data as of
- 12/2021
- EIN
- 20-0523317
Organization Overview
The@pitney Bowes Employee Involvement Fund Inc is located in Stamford, CT. The organization was established in 2004. 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. The@pitney Bowes Employee Involvement Fund 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, The@pitney Bowes Employee Involvement Fund Inc generated $2.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, The@pitney Bowes Employee Involvement Fund Inc has awarded 1,667 individual grants totaling $24,721,223. 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 |
|---|---|---|---|
Kathleen Ryan Mufson President/director | 1 | $0 | |
Polly O'brien Morrow Vice President/ Director | 1 | $0 | |
Johnna Torsone Director/chair | 1 | $0 | |
Bill Borrelle Director | 1 | $0 | |
Ana Chadwick Treasurer/director | 1 | $0 | |
Jason Dies Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,000,866 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $88,310 |
| Total operating and administrative expenses | $97,310 |
| Contributions, gifts, grants paid | $2,481,837 |
| Total expenses and disbursements | $2,579,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $625,860 |
| 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 | $79,166 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $705,026 |
| Accounts payable and accrued expenses | $18,700 |
| Grants payable | $89,327 |
| 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 | $108,027 |
Grants Awarded
Over the last fiscal year, The@pitney Bowes Employee Involvement Fund Inc has awarded $2,481,837 in support to 143 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: US EMPLOYEE GIVING MATCHING | $525,887 |
Norwalk, CT PURPOSE: CORPORATE COLLABORATIVE FOR EDUCATION EQUITY MULTI-YEAR GRANT | $200,000 |
CHILDREN'S LEARNING CENTERS PURPOSE: SCHOOL READINESS | $100,000 |
Stamford, CT PURPOSE: SOUNDWATERS HARBOR AMBITIONS | $100,000 |
Irvine, CA PURPOSE: PREPARING STUDENTS FOR THE FUTURE STEM WORKFORCE AND CLOSING THE ACHIEVEMENT GAP WITH ST MATH | $75,000 |
Westport, CT PURPOSE: EXPANDING HORIZONS THROUGH INDIVIDUALIZED LITERACY SUPPORT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Massmutual Foundation Inc Springfield, MA | $16,295,000 | $8,380,000 |
Brooklyn Community Foundation Brooklyn, NY | $117,862,940 | $42,787,989 |
The@macmillan Family Foundation Inc New York, NY | $313,323,783 | $55,336,840 |
Foundation For Opioid Response Efforts New York, NY | $121,364,686 | $9,522,193 |
Friends Of Ahavat Shalom Inc Monsey, NY | $3,129,424 | $10,586,531 |
Barnett & Annalee Newman Foundation Tr New York, NY | $11,118,262 | $1,105,539 |
Lone Pine Foundation Inc Greenwich, CT | $70,601,962 | $14,308,044 |
Citizen Of Burma Award Organization Inc Jackson Heights, NY | $195,993 | $9,716,460 |
Cullen Foundation Buffalo, NY | $115,865,929 | $16,357,498 |
Fiduciary Charitable Foundation Boston, MA | $117,480,981 | $103,573,534 |
Danoff Fam Private Charitable Foundation Tr Albany, NY | $116,755,274 | $33,799,667 |