Foxboro Foundation Inc
- Assets
- $270.4k
- Revenue
- $3.7k
- Investments
- $198.0k
- Employees
- 0
- Location
- Essex, CT
- Founding
- 03/2006
- Data as of
- 09/2023
- EIN
- 20-2031747
Organization Overview
Foxboro Foundation Inc is located in Essex, CT. The organization was established in 2006. 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. Foxboro 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 09/2023, Foxboro Foundation Inc generated $3.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $58.2k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foxboro Foundation Inc has awarded 199 individual grants totaling $851,190. 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 |
|---|---|---|---|
Brant R Smith President | 0 | $0 | |
Keith F Bolles Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,325 |
| Dividends & Interest | $693 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $713 |
| Capital Gain Net Income | $713 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13 |
| Total Revenue | $3,744 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,394 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $170 |
| Total operating and administrative expenses | $4,789 |
| Contributions, gifts, grants paid | $53,374 |
| Total expenses and disbursements | $58,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $72,412 |
| 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 | $198,016 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $270,428 |
| 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, Foxboro Foundation Inc has awarded $53,374 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HIGH HOPES THERAPEUTIC PURPOSE: SUPPORT EQUINE THERAPY FOR THOSE WITH SPECIAL NEEDS | $8,210 |
IVORYTON PLAYHOUSE FOUNDATION PURPOSE: SUPPORT LOCAL THEATRE PRODUCTIONS | $3,000 |
ESSEX GARDEN CLUB PURPOSE: SUPPORT BEAUTIFICATION PROGRAMS | $130 |
THE CT HEMP INDUSTRY ASSOCIATION PURPOSE: SUPPORT PROGRAMS FOR BRAZILIAN YOUTH | $39,350 |
VALLEY REGIONAL HS PURPOSE: SUPPORT HISTORIC PRESERVATION SERVICE AND EDUCATION | $44 |
CHILDRENS MIRACLE HOSPITAL PURPOSE: PROVIDE SUPPORT TO CANCER PATIENTS AND THEIR FAMILIES | $500 |