Helen A Nigro Foundation is located in Newburyport, MA. The organization was established in 2003. 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. Helen A Nigro 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 12/2023, Helen A Nigro Foundation generated $27.7k 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 (11.8%) each year. All expenses for the organization totaled $67.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Helen A Nigro Foundation has awarded 66 individual grants totaling $247,075. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janice C Nigro Trustee/director | 0 | $0 | |
Eugene A Nigro Director | 0 | $0 | |
Carol Lucyniak Director | 0 | $0 | |
Jean Marie Nigro Director | 0 | $0 | |
Eleanor N Merrill Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $21,807 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $5,912 |
Capital Gain Net Income | $5,912 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $27,719 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,219 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $11,629 |
Total operating and administrative expenses | $18,973 |
Contributions, gifts, grants paid | $48,000 |
Total expenses and disbursements | $66,973 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,914 |
Savings and temporary cash investments | $0 |
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 | $589,017 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $818,864 |
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 |
Over the last fiscal year, Helen A Nigro Foundation has awarded $48,000 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
GOOD SHEPARD FOOD BANK PURPOSE: UNRESTRICTED CONTRIBUTION | $5,500 |
HADWEN PARK CONGREGATIONAL CHURCH PURPOSE: UNRESTRICTED CONTRIBUTION | $7,000 |
MISSION OF DEEDS PURPOSE: UNRESTRICTED CONTRIBUTION | $10,000 |
MIDDLESEX CONCERT BAND PURPOSE: UNRESTRICTED CONTRIBUTION | $2,000 |
QUANNAPOWITT PLAYERS PURPOSE: UNRESTRICTED CONTRIBUTION | $1,000 |
READING FOOD PANTRY PURPOSE: UNRESTRICTED CONTRIBUTION | $7,500 |