Everett W And Marion E Mitchellfoundation
- Assets
- $6.8m
- Revenue
- $290.1k
- Investments
- $6.5m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 12/2006
- Data as of
- 08/2022
- EIN
- 20-7088204
Organization Overview
Everett W And Marion E Mitchellfoundation is located in Boston, MA. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Everett W And Marion E Mitchellfoundation 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 08/2022, Everett W And Marion E Mitchellfoundation generated $290.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $688.9k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Everett W And Marion E Mitchellfoundation has awarded 101 individual grants totaling $1,861,235. 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 |
|---|---|---|---|
Ronald Garmey Trustee | 0.5 | $90,293 | |
Colleen Macpherson Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $747 |
| Dividends & Interest | $211,340 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,967 |
| Capital Gain Net Income | $80,892 |
| Net ST Capital Gain | $0 |
| Income Modifications | $5,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $290,054 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,293 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,110 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $204,710 |
| Contributions, gifts, grants paid | $484,227 |
| Total expenses and disbursements | $688,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $379,239 |
| 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 | $1,067,303 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,832,127 |
| 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, Everett W And Marion E Mitchellfoundation has awarded $484,227 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
MIDDLETON CONGREGATIONAL CHURCH PURPOSE: GENERAL SUPPORT | $175,000 |
Boston, MA PURPOSE: THE SCHOLARSHIPS WERE AWARDED TO FIVE STUDENTS VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION | $46,041 |
Amherst, MA PURPOSE: THE SCHOLARSHIPS WERE AWARDED TO THREE STUDENTS VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION | $32,846 |
Beverly, MA PURPOSE: THE SCHOLARSHIPS WERE AWARDED TO THREE STUDENTS VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION | $27,894 |
Manchester, NH PURPOSE: THE SCHOLARSHIPS WERE AWARDED TO THREE STUDENTS VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION | $25,000 |
BOSTON UNIVERSITY PURPOSE: THE SCHOLARSHIPS WERE AWARDED TO THREE STUDENTS VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION | $24,810 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
N H Higher Education Loan Corporation Concord, NH | $928,313,847 | $60,034,018 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |