The Harold Grinspoon Charitable Foundation
- Assets
- $16.6m
- Revenue
- $4.5m
- Investments
- $16.3m
- Employees
- 0
- Location
- Agawam, MA
- Founding
- 09/1986
- Data as of
- 08/2021
- EIN
- 22-2738277
Organization Overview
The Harold Grinspoon Charitable Foundation is located in Agawam, MA. The organization was established in 1986. 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. Harold Grinspoon Charitable 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 08/2021, Harold Grinspoon Charitable Foundation generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $1.1m during the year ending 08/2021. While expenses have increased by 0.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harold Grinspoon Charitable Foundation has awarded 2,267 individual grants totaling $9,213,077. 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
THE ENTREPRENEURIAL SPIRIT AWARDS ACKNOWLEDGE A STUDENT'S ACTIONS TO DATE AND ENCOURAGE THEM TO MOVE FORWARD IN PURSUIT OF ENTREPRENEURIAL DREAMS. EACH STUDENT IS NOMINATED BY THEIR FACULTY ADVISOR. AWARD WINNERS ARE RECOGNIZED IN THE SPRING FOR THEIR ACCOMPLISHMENTS.
WITH COLLABORATION OF LOCAL AGRICULTURAL ORGANIZATIONS AND COMMUNITY PARTNERS, THE FARM AWARDS SEEK TO ENCOURAGE THE PRACTICE OF FARMING. A FARMER APPRECIATION EVENT IS HELD YEARLY TO HONOR AND RECOGNIZE OUR FARMERS AND PROMOTE THE IMPORTANCE OF LOCAL FARMING.
THE PIONEER VALLEY EXCELLENCE IN TEACHING AWARDS SEEK TO RECOGNIZE DISTINGUISHED EDUCATIONS AND MOTIVATE TEACHERS AT ALL STAGES OF THEIR CAREERS TO ASPIRE TO EXCELLENCE. AWARD WINNERS ARE CELEBRATED AT SPRING EVENTS.
ENER-G SAVE WORKS WITH TOWNS, GRASSROOTS ORGANIZATIONS, OTHER NONPROFITS AND SCHOOLS TO LOWER CARBON POLLUTION AND HELP PIONEER VALLEY AND BERKSHIRE RESIDENTS MAKE SMART ENERGY CHOICES. THROUGH THE COMMUNITY OUTREACH PROGRAM, PEOPLE ARE ENCOURAGED TO TAKE FULL ADVANTAGE OF EXISITING ENERGY EFFICIENCY INCENTIVES TO LIVE MORE COMFORTABLY AND AFFORDABLY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrian Dion Chief Operating Officer | 2 | $12,725 | |
Diane Troderman Trustee | 0.5 | $0 | |
Harold Grinspoon Trustee | 0.5 | $0 | |
Patrick Geryk Chief Financial Officer | 2 | $0 | |
Winifred Sandler Trustee | 0.5 | $0 | |
Jeremy Pava Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Carolyn S Carpenter | 8/30/18 | $57,292 |
Uli Nagel | 8/30/18 | $50,409 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,067,732 |
| Interest on Savings | $0 |
| Dividends & Interest | $261,097 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,074,497 |
| Capital Gain Net Income | $3,280,185 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $128,635 |
| Total Revenue | $4,531,961 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,725 |
| Other employee salaries and wages | $81,581 |
| Pension plans, employee benefits | $26,551 |
| Interest | $0 |
| Taxes | $1,488 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75,932 |
| Total operating and administrative expenses | $370,356 |
| Contributions, gifts, grants paid | $724,359 |
| Total expenses and disbursements | $1,094,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $159,746 |
| Net Accounts receivable | $42,732 |
| 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 | $4,399 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $16,324,816 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $87,884 |
| Total assets | $16,619,577 |
| Accounts payable and accrued expenses | $14,134 |
| Grants payable | $565,885 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $26,039 |
| Total liabilities | $606,058 |
Grants Awarded
Over the last fiscal year, The Harold Grinspoon Charitable Foundation has awarded $1,563,580 in support to 294 organizations.
| Grant Recipient | Amount |
|---|---|
JCC KEHILAH DEPARTMENT PURPOSE: SPECIAL EDUCATION | $200,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: DR. RUSHKIN ARRHYTHMIA FUND | $150,000 |
Greenfield, MA PURPOSE: HGCF ENERGY GRANT | $105,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: HGCF MASTER CLINICIAN PROGRAM | $100,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: HGCF AMYLOIDOSIS PROJECT | $100,000 |
MASSACHUSETTS EYE AND EAR INFIRMARY PURPOSE: 1:2 MATCH DR. VARVARES | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Harold Grinspoon Charitable Foundation has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Easthampton Savings Foundation Easthampton, MA PURPOSE: EXEMPT PURPOSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |