Arthur M And Martha R Pappas Foundation is located in Stoneham, MA. The organization was established in 1989. 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. Arthur M And Martha R Pappas 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 12/2023, Arthur M And Martha R Pappas Foundation generated $733.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Arthur M And Martha R Pappas Foundation has awarded 260 individual grants totaling $7,817,991. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martha R Pappas Trustee | 0 | $0 | |
Samuel Kenary Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,000 |
Interest on Savings | $59,657 |
Dividends & Interest | $516,394 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $156,471 |
Capital Gain Net Income | $156,471 |
Net ST Capital Gain | $32,914 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $733,522 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $10,158 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $25,051 |
Total operating and administrative expenses | $40,209 |
Contributions, gifts, grants paid | $1,034,300 |
Total expenses and disbursements | $1,074,509 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30,339 |
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 | $2,144 |
Investments—other | $1,286,642 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $16,319,454 |
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 |
Over the last fiscal year, Arthur M And Martha R Pappas Foundation has awarded $1,034,300 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
ABBYS HOUSE PURPOSE: GENERAL | $10,000 |
AUBURN YOUTH & FAMILY SER PURPOSE: GENERAL | $1,300 |
FIRST CHURCH OF JAFFREY PURPOSE: GENERAL | $2,000 |
FIRST CONGREGATIONAL CHURCH OF AUBU PURPOSE: GENERAL | $2,000 |
MUSIC WORCESTER INC PURPOSE: GENERAL | $400,000 |
THE HANOVER THEATRE PURPOSE: GENERAL | $70,000 |