Gwendolen Elwell Flanagan Foundation
- Assets
- $689.0k
- Revenue
- $60.5k
- Investments
- $680.5k
- Employees
- 0
- Location
- Portland, ME
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-1076652
Organization Overview
Gwendolen Elwell Flanagan Foundation is located in Portland, ME. The organization was established in 2011. 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. Gwendolen Elwell Flanagan 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, Gwendolen Elwell Flanagan Foundation generated $60.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $104.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gwendolen Elwell Flanagan Foundation has awarded 104 individual grants totaling $578,000. 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 |
|---|---|---|---|
Jon Hall President | 0 | $575 | |
Brian Chadbourne Vice Preside | 0 | $575 | |
Hannah Estes Treasurer | 0 | $575 | |
Leslie Chadbourne Secretary | 0 | $575 | |
Allison Allen Director | 0 | $575 | |
Robert Filgate Director | 0 | $575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,179 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,362 |
| Capital Gain Net Income | $42,362 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,025 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $148 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $105 |
| Total operating and administrative expenses | $6,133 |
| Contributions, gifts, grants paid | $98,000 |
| Total expenses and disbursements | $104,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,449 |
| Savings and temporary cash investments | $669 |
| 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 | $384 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $680,538 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $689,040 |
| 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, Gwendolen Elwell Flanagan Foundation has awarded $98,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
TOMMY'S FERAL FELINE FRIENDS PURPOSE: ANIMAL RESCUE & CARE EFFORTS | $8,000 |
ME STATE SOCIETY FOR THE PROTECTION PURPOSE: RESCUE, PROT & CARE OF NEGL HORSES | $5,000 |
HART PURPOSE: ANIMAL RESCUE & CARE EFFORTS | $4,000 |
GOOD SHEPHERD FOOD BANK PURPOSE: EFFORTS TO COMBAT HUNGER IN ME | $10,000 |
FRIENDS OF FERAL FELINES PURPOSE: PROTECTION & NEUTERING OF FERAL CATS | $4,000 |
EVER AFTER MUSTANG RESCUE PURPOSE: RESCUE, PROT & CARE OF NEGL. MUSTANG | $15,000 |