Sibbri Foundation
- Assets
- $25.9m
- Revenue
- $1.7m
- Investments
- $25.2m
- Employees
- 0
- Location
- Vineyard Haven, MA
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 25-6901390
Organization Overview
Sibbri Foundation is located in Vineyard Haven, MA. The organization was established in 2007. 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. Sibbri 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 12/2022, Sibbri Foundation generated $1.7m in total revenue. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 144.1% per year over the past 8 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 2017, Sibbri Foundation has awarded 190 individual grants totaling $6,146,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian T Bristol Trustee | 0.25 | $0 | |
Madeleine Bristol Kuckel Trustee | 0.25 | $0 | |
Pamela W Bristol Trustee | 0.25 | $0 | |
Sanford A Bristol Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,376 |
| Dividends & Interest | $570,276 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $956,727 |
| Capital Gain Net Income | $956,727 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $188,073 |
| Total Revenue | $1,723,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78,651 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,852 |
| Total operating and administrative expenses | $241,376 |
| Contributions, gifts, grants paid | $1,750,000 |
| Total expenses and disbursements | $1,991,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $774,859 |
| 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 | $2,806,686 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,931,078 |
| 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, Sibbri Foundation has awarded $1,750,000 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXANDER TWILIGHT ACADEMY INC PURPOSE: GENERAL SUPPORT FOR FREE ACADEMIC CATALYST PROGRAM THAT PROVIDES BOSTON AREA STUDENTS FROM UNDER-RESOURCED BACKGROUNDS WITH THE HIGHEST QUALITY EDUCATION AND LIFE-ENRICHING OPPORTUNITIES | $1,250 |
CLINTON CEMETARY ASSOCIATION INC PURPOSE: SUPPORT THE PRESEVATION AND MAINTENANCE OF A NON-DENOMINATIONAL, PREMIER HISTORIC CEMETARY THROUGH 'THE PATH' | $5,000 |
CHAPIN SCHOOL PURPOSE: SUPPORT FOR THE ANNUAL FUND OF A K-12 INDEPENDENT DAY SCHOOL FOR GIRLS THAT IS DEDICATED TO THE INTELLECTUAL AND PERSONAL GROWTH OF ITS STUDENTS AS IT PREPARES THEM TO THIRVE AND LEAD IN A GLOBAL SOCIETY AS WELL AS FUNDING OF MJ QUIGLEY FUDN FOR PROFESSIONAL COMMUNITY SUPPORT. | $26,000 |
CLINTON CENTRAL SCHOOL DISTRICT FOUNDATION PURPOSE: SUPPORT AND PROMOTE EXCELLENCE IN EDUCATION IN THE CLINTON CENTRAL SCHOOL DISTRICT BY FUNDING PROGRAMS THAT ARE INCLUDED IN THE SCOPE OF THE ANNUAL OPERATING BUDGET OF THE SCHOOL SYSTEM | $10,000 |
DARTMOUTH COLLEGE FBO TUCK SCHOOL PURPOSE: SUPPORT ANNUAL AND ENDOWMENT FUNDS OF A PRIVATE IVY LEAGUE RESEARCH UNIVERSITY | $100 |
FOUNDATION FOR UNDERWAY EXPERIMENTAL LEARNING PURPOSE: GENERAL SUPPORT FOR ORGANIZATION DEDICATED TO HELP STUDENTS FIND MOTIVATION FOR LEARNING IN A NOVEL, SUPPORTIVE AND STIMULATING ENVIRONMENT ABOURD THE DECKS AND RIGS OF A TALL SHIP AND SUPPORT FOR THE SHENANDOAH II PROJECT. | $110,000 |