The Agape Foundation
- Assets
- $2.3m
- Revenue
- $160.0k
- Investments
- $2.2m
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 03/1987
- Data as of
- 09/2023
- EIN
- 22-2690962
Organization Overview
The Agape Foundation is located in Watertown, MA. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Agape 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 09/2023, Agape Foundation generated $160.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $188.8k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Agape Foundation has awarded 80 individual grants totaling $1,111,981. 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 |
|---|---|---|---|
Anthony Palomba Trustee | 0 | $0 | |
Lauren Shumway Trustee | 0 | $0 | |
Holly Montufar Trustee | 0 | $0 | |
Caroly Shumway Trustee | 0 | $0 | |
Eric Shumway Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,665 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $107,288 |
| Capital Gain Net Income | $107,288 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $87 |
| Total Revenue | $160,040 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $836 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42 |
| Total operating and administrative expenses | $28,046 |
| Contributions, gifts, grants paid | $160,714 |
| Total expenses and disbursements | $188,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,363 |
| Savings and temporary cash investments | $45,500 |
| 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 | $89,783 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,318,213 |
| 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, The Agape Foundation has awarded $160,714 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: TO SUPPORT THE ORGANIZATION'S EFFORTS TO COMBAT VOTER SUPPRESSION AND TO SUPPORT GENDER AND SEXUAL EQUALITY PROGRAMMING. | $29,004 |
FRIENDS OF FAFG INC PURPOSE: A 501C3 TAX-EXEMPT ORGANIZATION WHOSE GOAL IS TO RAISE AWARENESS OF THE APPLICATION OF FORENSIC SCIENCES TO THE INVESTIGATIONS OF HUMAN RIGHTS ABUSES AND WAR CRIMES COMMITTED IN GUATEMALA AND ELSEWHERE. | $18,494 |
CAMPAIGN FOR PEACE DISARMAMENT & COMMON SECURITY PURPOSE: TO SUPPORT THE CAMPAIGN'S WORK ON NUCLEAR DISARMAMENT, THE PREVENTION OF GREAT POWER WAR, THE PROMOTION OF COMMON SECURITY, AND RESISTANCE TO AUTHORITARIANISM. | $14,000 |
ENVIRONMENT COUNCIL OF RHODE ISLAND EDUCATION FUND PURPOSE: A 501(C)(3) ORGANIZATION WHOSE GOAL IS TO CREATE MATERIALS AND PROGRAMS DESIGNED TO EDUCATE RHODE ISLAND'S CITIZENS ABOUT ENVIRONMENTAL HEALTH AND NATURAL RESOURCE PROTECTION AND RESTORATION. IN ADDITION, TO SUPPORT THE CENTER FOR BEHAVIOR AND CLIMATE BEHAVIOR CHANGE FOR CLIMATE ACTION CHALLENGES. | $15,000 |
INTERNATIONAL FOUNDATION PURPOSE: TO SUPPORT THE WORK OF CAUSEGUATEMALA PROJECT, "CAUSE CANADA PROPOSED WATER PROJECTS IN GUATEMALA". | $13,709 |
MASS PEACE ACTION FUND PURPOSE: TO SUPPORT THE FUND HEALTHCARE, NOT WARFARE CAMPAIGN. | $7,000 |