Hasbrofoundation Inc
- Assets
- $3.4m
- Revenue
- $5.0m
- Investments
- $2.8m
- Employees
- 0
- Location
- Pawtucket, RI
- Founding
- 01/1985
- Data as of
- 12/2021
- EIN
- 22-2538470
Organization Overview
Hasbrofoundation Inc is located in Pawtucket, RI. The organization was established in 1985. 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. Hasbrofoundation 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, Hasbrofoundation Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hasbrofoundation Inc has awarded 71 individual grants totaling $2,037,401. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
NONE
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,043,051 |
| Interest on Savings | $1,514 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $13,580 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,044,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $130 |
| Contributions, gifts, grants paid | $3,085,304 |
| Total expenses and disbursements | $3,085,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $627,082 |
| Savings and temporary cash investments | $0 |
| 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 | $3,415,417 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $397,000 |
| 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 | $397,000 |
Grants Awarded
Over the last fiscal year, Hasbrofoundation Inc has awarded $2,037,401 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
SPECIAL OLYMPICS INTERNATIONAL PURPOSE: UNIFIED EXPANSION | $300,000 |
Kissimmee, FL PURPOSE: GKTW WINTER WONDERLAND AND LA TI DA SPA | $200,000 |
Fairfield, CT PURPOSE: SAVE THE CHILDREN GLOBAL EDUCATION APPEAL | $160,000 |
SLAPPY AND MONDAY'S FOUNDATION FOR LAUGHTER (DBA LAUGHTER LEAGUE) PURPOSE: LAUGHTER LEAGUE HEALTHCARE CLOWNS AT HASBRO | $110,000 |
Washington, DC PURPOSE: NKH HUNGER CORONAVIRUS RELIEF IN RHODE ISLAND | $100,000 |
New York, NY PURPOSE: WORLDS LARGEST LESSON TAKE ACTION FOR CLIMATE EDUCATION | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hasbrofoundation Inc has recieved totaling $24,174.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $24,174 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Dalio Foundation Inc Westport, CT | $1,484,061,978 | $687,569,757 |
Seedlings Foundation Branford, CT | $139,526,871 | $5,281,922 |
Allen H & Selma W Berkman Charitable Trust Boston, MA | $738,750 | $104,320 |
Hausman Family Charitable Trust Boston, MA | $21,872,992 | $4,694,416 |
George I Alden Trust Worcester, MA | $212,050,748 | $45,527,501 |
Dolphin Charitable Foundation Boston, MA | $0 | -$101,763 |
Wagner Foundation Boston, MA | $0 | $16,483,558 |
Cedar Tree Foundation Inc Boston, MA | $119,892,393 | $12,564,904 |