Hasbrofoundation Inc
- Assets
- $4.4m
- Revenue
- $4.1m
- Investments
- $3.3m
- Employees
- 0
- Location
- Pawtucket, RI
- Founding
- 01/1985
- Data as of
- 12/2022
- 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 12/2022, Hasbrofoundation Inc generated $4.1m in total revenue. All expenses for the organization totaled $3.2m during the year ending 12/2022.
Since 2020, Hasbrofoundation Inc has awarded 142 individual grants totaling $5,195,849. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
NONE
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,009,963 |
| Interest on Savings | $47,476 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $148 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,057,439 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $950 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $1,000 |
| Contributions, gifts, grants paid | $3,158,447 |
| Total expenses and disbursements | $3,159,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,136,407 |
| 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 | $4,418,109 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $501,700 |
| 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 | $501,700 |
Grants Awarded
Over the last fiscal year, Hasbrofoundation Inc has awarded $3,158,448 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPTION RI PURPOSE: GRANT | $70,000 |
ANGEL FLIGHT OF NEW ENGLAND PURPOSE: GRANT | $67,500 |
AS220 PURPOSE: GRANT | $15,000 |
BIG BROTHER BIG SISTER RI PURPOSE: GRANT | $900 |
BLACK GIRL CODE PURPOSE: GRANT | $75,000 |
BIRTHDAY WISHES PURPOSE: GRANT | $5,000 |