The Frances Touchette Charitable Foundation Inc
- Assets
- $771.1k
- Revenue
- -$1.8k
- Investments
- $758.0k
- Employees
- 0
- Location
- Providence, RI
- Founding
- 10/1984
- Data as of
- 12/2016
- EIN
- 37-1133391
Organization Overview
The Frances Touchette Charitable Foundation Inc is located in Providence, RI. The organization was established in 1984. 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. Frances Touchette Charitable 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,705 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,583 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $103 |
| Total Revenue | -$1,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,323 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $598 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $223 |
| Total operating and administrative expenses | $13,394 |
| Contributions, gifts, grants paid | $34,179 |
| Total expenses and disbursements | $47,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,120 |
| 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 | $771,112 |
| 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, The Frances Touchette Charitable Foundation Inc has awarded $34,179 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Centreville, IL PURPOSE: UNRESTRICTED GENERAL | $30,634 |
Charleston, IL PURPOSE: UNRESTRICTED GENERAL | $1,000 |
OUR LADY OF THE SNOWS PARISH PURPOSE: UNRESTRICTED GENERAL | $1,000 |
HOYLETON YOUTH AND FAMILY SERVICES PURPOSE: UNRESTRICTED GENERAL | $1,000 |
Belleville, IL PURPOSE: UNRESTRICTED GENERAL | $545 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
William J & Lia G Poorvu Family Foundation Cambridge, MA | $120,261,343 | $11,453,242 |
Shapiro Foundation Needham, MA | $157,349,001 | $11,545,549 |
New Balance Foundation Boston, MA | $152,561,164 | $17,219,252 |
Dorot Foundation Providence, RI | $152,678,758 | $11,417,261 |
Linde Family Foundation Boston, MA | $189,813,343 | $18,266,253 |
Nancy Lurie Marks Family Foundation Wellesley, MA | $0 | $8,374,794 |
Abrams Foundation Inc Boston, MA | $0 | $18,931,017 |
James S Mcdonnell Family Foundation Inc Lincoln, MA | $112,136,511 | $18,539,492 |
The Childrens Investment Fund Foundation West Hartford, CT | $147,469,388 | $4,068,315 |
Highland Street Connection Newton, MA | $74,050,006 | $4,748,542 |
Leir Foundation Inc Ridgefield, CT | $108,810,861 | $16,743,415 |