The Jefferson Cary Foundation
- Assets
- $1.1m
- Revenue
- $183.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Caribou, ME
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 22-2559980
Organization Overview
The Jefferson Cary Foundation is located in Caribou, ME. The organization was established in 2019. 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. Jefferson Cary Foundation 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, Jefferson Cary Foundation generated $183.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $201.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE JEFFERSON CARY FOUNDATION IS TO SUPPORT AND ENHANCE THE PROGRAMS AND SERVICES AT CARY MEDICAL CENTER AND IMPROVE THE HEALTH AND WELL-BEING OF THE COMMUNITIES IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL FUND - EXPENSES RELATE TO ADMINISTRATIVE FEES AND RELEASE TO CARY MEDICAL CENTER FOR THE MAINE CANCER FOUNDATION SCREEN AROOSTOOK, EQUIPMENT AND THE SHARPS PROGRAM.
BRIAN'S RIDE FUND - THIS FUND PROVIDES ONCOLOGY (CANCER PATIENTS) ASSISTANCE INCLUDING MISCELLANEOUS COSTS RELATED TO ONCOLOGY CARE WHICH CAN INCLUDE TRAVEL RELATED EXPENSES FOR APPOINTMENTS, WIGS, TAXI, FOOD, DAILY LIVING EXPENSES DURING THEIR TREATMENT BASED ON COMPLETED AND APPROVED APPLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Collins Treasurer | Officer | $0 | |
Pamela Scheppele President | Officer | $0 | |
Dr Shawn Laferriere Director | Trustee | $0 | |
David Wakem Director | Trustee | $0 | |
Jennifer Quinlan Director | Trustee | $0 | |
Craig Staples Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,320 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,320 |
| Total Program Service Revenue | $0 |
| Investment income | $1,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $183,854 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,418 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $1,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,627 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,505 |
| All other expenses | $0 |
| Total functional expenses | $200,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,986 |
| Savings and temporary cash investments | $925,347 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,114,333 |
| Accounts payable and accrued expenses | $4,280 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,280 |
| Net assets without donor restrictions | $799,176 |
| Net assets with donor restrictions | $310,877 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,114,333 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Jefferson Cary Foundation has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Maine Cancer Foundation Falmouth, ME PURPOSE: Implement Lung Cancer Screening project in Aroostook County. | $40,000 |
Endowment Analysis
| Beg. Balance | $311,630 |
| Earnings | $25,341 |
| Admin Expense | -$10,140 |
| Net Contributions | $141,548 |
| Other Expense | -$157,502 |
| Ending Balance | $310,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Alfond Foundation Portland, ME | $813,380,857 | $317,083,832 |
Libra Foundation Owen W Wells Trustee Portland, ME | $194,515,715 | $7,192,031 |
Thomas W Haas Foundation Greenland, NH | $135,774,612 | $23,898,654 |
Endowment For Health Inc Concord, NH | $94,601,301 | $13,835,099 |
Peter And Anna Kolchinsky Foundation Portsmouth, NH | $32,887,718 | $6,933,856 |
Southeast Land Trust Of New Hampshire Epping, NH | $33,243,290 | $7,653,430 |
P D Merrill Charitable Tr U-A Dtd 11-02-06 Portland, ME | $0 | $21,552 |
Cogswell Benevolent Trust Manchester, NH | $30,218,866 | $3,198,949 |
Gloria C Mackenzie Foundation Inc East Millinocket, ME | $24,725,782 | $9,772,129 |
Burke Family Foundation C/O People's United Bank Cape Elizabeth, ME | $0 | $295,914 |
Morton-Kelly Charitable Tr Portland, ME | $19,003,514 | $4,559,589 |
Hank And Lynn Hopeman Foundation Inc Sunapee, NH | $22,635,680 | $2,787,144 |