Peoples United Community Foundation Of Eastern Massachusetts Inc
- Assets
- $0.0
- Revenue
- $15.7k
- Investments
- $13.8m
- Employees
- 0
- Location
- Bridgeport, CT
- Founding
- 10/2007
- Data as of
- 04/2023
- EIN
- 26-0814452
Organization Overview
Peoples United Community Foundation Of Eastern Massachusetts Inc is located in Bridgeport, CT. 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. Peoples United Community Foundation Of Eastern Massachusetts 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 04/2023, Peoples United Community Foundation Of Eastern Massachusetts Inc generated $15.7k 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 (41.8%) each year. All expenses for the organization totaled $40.4k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peoples United Community Foundation Of Eastern Massachusetts Inc has awarded 717 individual grants totaling $5,798,844. 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 |
|---|---|---|---|
Kevin T Bottomley Dir | 1 | $0 | |
Diane C Brinkley Dir | 1 | $0 | |
John Doucette Dir | 1 | $0 | |
Bruce Figueroa Dir | 1 | $0 | |
Thomas Ford Dir | 1 | $0 | |
Anna Maria Greener Dir, Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,619 |
| Dividends & Interest | $28,176 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,077 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $5,448 |
| Pension plans, employee benefits | $1,362 |
| Interest | $0 |
| Taxes | $625 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,731 |
| Total operating and administrative expenses | $40,356 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $40,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,300,539 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Peoples United Community Foundation Of Eastern Massachusetts Inc has awarded $107,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BEVERLY ROTARY CLUB FOUNDATION INC PURPOSE: JACK GOOD SCHOLARSHIP FUND | $5,000 |
COMMUNITY YOUNG MENS CHRISTIAN ASSOC OF DANVERS MA PURPOSE: HEALTH AND WELLNESS CENTER | $12,500 |
ST JOHNS PREPARATORY SCHOOL INC PURPOSE: TUITION ASSISTANCE FOR MIDDLE-INCOME FAMILIES SCHOLARSHIP FUND | $40,000 |
MERRIMACK COLLEGE PURPOSE: PIONEER SCHOLARS PROGRAM | $25,000 |
TOWN OF DANVERS PURPOSE: DANVERS HIGH SCHOOL ATHLETIC COMPLEX PROJECT | $25,000 |