Linden Foundation Inc
- Assets
- $12.4m
- Revenue
- $515.9k
- Investments
- $11.5m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 22-6678640
Organization Overview
Linden Foundation Inc is located in Boston, MA. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public 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. Linden Foundation 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 12/2023, Linden Foundation Inc generated $515.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $666.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Linden Foundation Inc has awarded 187 individual grants totaling $4,348,000. 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.
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 |
|---|---|---|---|
Margen S Kelsey President/director | 2 | $0 | |
William C Kelsey Treasurer/director | 2 | $0 | |
Suzanne V A Kelsey Secretary/director | 2 | $0 | |
Thomas V A Kelsey Director | 2 | $0 | |
Kenneth V Siegert Director | 2 | $0 | |
Mark J Pine Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,260 |
| Dividends & Interest | $213,480 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $262,493 |
| Capital Gain Net Income | $283,202 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,712 |
| Total Revenue | $515,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,838 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $99 |
| Total operating and administrative expenses | $90,986 |
| Contributions, gifts, grants paid | $575,500 |
| Total expenses and disbursements | $666,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $897,384 |
| 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 | $1,715,018 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,419,316 |
| 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, Linden Foundation Inc has awarded $575,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
AHEAD INC PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $30,000 |
ARCHWAYS (FKA GREATER TILTON AREA FAMILY RESOURCE CENTER) PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $80,000 |
BELKNAP HOUSE PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $25,000 |
BRIDGE HOUSE INC PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $40,000 |
CIRCLE PROGRAM PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $8,000 |
JULIE'S FAMILY LEARNING PROGRAM INC PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $15,000 |