Caithness Foundation Inc
- Assets
- $1.3m
- Revenue
- $72.2k
- Investments
- $1.3m
- Employees
- 0
- Location
- Falmouth, MA
- Founding
- 12/2009
- Data as of
- 06/2024
- EIN
- 26-3917361
Organization Overview
Caithness Foundation Inc is located in Falmouth, MA. The organization was established in 2009. 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. Caithness 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 06/2024, Caithness Foundation Inc generated $72.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $93.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Caithness Foundation Inc has awarded 289 individual grants totaling $557,200. 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 |
|---|---|---|---|
Daniel H Webb Pr, Tr,& Dir | 0 | $0 | |
Douglas C Webb Clerk & Dir | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $41,755 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,451 |
| Capital Gain Net Income | $30,451 |
| Net ST Capital Gain | $30,451 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $65 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32 |
| Total operating and administrative expenses | $16,217 |
| Contributions, gifts, grants paid | $76,900 |
| Total expenses and disbursements | $93,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,717 |
| 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 | $1,292,308 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,308,025 |
| Accounts payable and accrued expenses | $75 |
| 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 | $75 |
Grants Awarded
Over the last fiscal year, Caithness Foundation Inc has awarded $76,900 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF THE BUGATTI TR PURPOSE: CONTRIBUTIONS-OTHER | $1,000 |
APCC PURPOSE: ENERGY/ENVIRONMENT | $1,500 |
BRIGHAM & WOMEN'S HOSPITAL PURPOSE: MEDICAL RESEARCH | $1,000 |
CAPE AND ISLANDS SELF RELIANCE PURPOSE: PEOPLE IN NEED | $1,000 |
CHILDREN'S HOSPITAL BOSTON PURPOSE: MEDICAL RESEARCH | $2,000 |
CAPE COD HEALTH CARE FOUNDATION PURPOSE: MEDICAL RESEARCH | $1,000 |