Grampys Charities
- Assets
- $1.5m
- Revenue
- $1.8m
- Investments
- $1.3m
- Employees
- 0
- Location
- New London, CT
- Founding
- 05/2006
- Data as of
- 10/2023
- EIN
- 20-0523402
Organization Overview
Grampys Charities is located in New London, CT. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Grampys Charities 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 10/2023, Grampys Charities generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $469.9k during the year ending 10/2023. While expenses have increased by 4.2% per year over the past 7 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 2015, Grampys Charities has awarded 263 individual grants totaling $2,372,441. 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 |
|---|---|---|---|
James H Castle Trustee | 1.5 | $0 | |
Jonatha Y Castle Trustee | 0.25 | $0 | |
William H Castle Trustee | 0.25 | $0 | |
Jennie Y Bibbins Trustee | 0.25 | $0 | |
Courtney A Adams Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,106,124 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,822 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $595,216 |
| Capital Gain Net Income | $595,216 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,436 |
| Total Revenue | $1,808,598 |
| 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 | $31,879 |
| Total operating and administrative expenses | $31,879 |
| Contributions, gifts, grants paid | $438,000 |
| Total expenses and disbursements | $469,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,053 |
| Savings and temporary cash investments | $158,756 |
| 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 | $1,540,979 |
| 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, Grampys Charities has awarded $438,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BEST FRIENDS ANIMAL SOCIETY PURPOSE: UNRESTRICTED DONATION | $5,000 |
ANIMAL REFUGE CENTER PURPOSE: UNRESTRICTED DONATION | $1,000 |
BOBBY NICHOLS FIDDLESTICKS CHARITY FOUNDATION PURPOSE: UNRESTRICTED DONATION | $20,000 |
CONTEMPORARY AMERICAN THEATRE FESTIVAL PURPOSE: UNRESTRICTED DONATION | $5,000 |
AUTISM SPEAKS PURPOSE: UNRESTRICTED DONATION | $500 |
DENISON PEQUOTSEPOS NATURE CENTER PURPOSE: UNRESTRICTED DONATION | $5,000 |