Gwendolen Elwell Flanagan Foundation
- Assets
- $733.0k
- Revenue
- $88.3k
- Investments
- $720.8k
- Employees
- 0
- Location
- Portland, ME
- Founding
- 03/2011
- Data as of
- 12/2021
- 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 12/2021, Gwendolen Elwell Flanagan Foundation generated $88.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $100.9k during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 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 2015, Gwendolen Elwell Flanagan Foundation has awarded 86 individual grants totaling $480,000. 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 |
|---|---|---|---|
Hannah Estes Treasurer | 0.25 | $575 | |
Barbara Loewenberg-Irlandy Director | 0 | $575 | |
Jon Hall President | 0.25 | $575 | |
Brian Chadbourne Vice Preside | 0.25 | $575 | |
Robert Filgate Director | 0 | $575 | |
Leslie Chadbourne Secretary | 0.25 | $575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,772 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,483 |
| Capital Gain Net Income | $72,483 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,255 |
| 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 | $13 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $5,858 |
| Contributions, gifts, grants paid | $95,000 |
| Total expenses and disbursements | $100,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,434 |
| 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 | $158 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $720,761 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $733,022 |
| 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 $95,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
EVER AFTER MUSTANG RESCUE PURPOSE: RESCUE, PROT & CARE OF NEGL. MUSTANG | $15,000 |
Auburn, ME PURPOSE: EFFORTS TO COMBAT HUNGER IN ME | $10,000 |
Brooks, ME PURPOSE: PROVIDING ANIMAL PROTECTION & CARE | $5,000 |
FRIENDS OF PORTLAND COMMUNITY PURPOSE: PROVIDE FREE HEALTHCARE TO UNINSURED | $5,000 |
Portland, ME PURPOSE: WORKING FOR MORE JUST AND HUMANE LAW | $5,000 |
MAINE WABANAKI REACH PURPOSE: COMMUNIT HEALTH, SELF-DETERMINATION, | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Td Charitable Foundation Falmouth, ME | $0 | $26,328,021 |
P M Allen Family Foundation Hanover, NH | $110,796,013 | $13,365,268 |
Rannie Webster Foundation Rye, NH | $21,769,366 | $13,522,122 |
Elmina B Sewall Foundation Freeport, ME | $198,399,545 | $18,229,129 |
Lunder Foundation Portland, ME | $114,918 | $28,179,943 |
Otto And Fran Walter Foundation Inc Boothbay Harbor, ME | $14,780,673 | $2,403,803 |
The Jack & Dorothy Byrne Foundation Inc Hanover, NH | $178,090 | $5,355,970 |
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |