Herma Moeller Procopiadi Foundation
- Assets
- $4.5m
- Revenue
- $319.7k
- Investments
- $4.4m
- Employees
- 0
- Location
- Cranston, RI
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 41-2113239
Organization Overview
Herma Moeller Procopiadi Foundation is located in Cranston, RI. The organization was established in 2004. 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. Herma Moeller Procopiadi 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, Herma Moeller Procopiadi Foundation generated $319.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $247.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Herma Moeller Procopiadi Foundation has awarded 63 individual grants totaling $707,000. 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 |
|---|---|---|---|
Mary Ann T Moeller Executive Trustee | 0.5 | $0 | |
Peter M Waters Vice Executive Trustee | 0.5 | $0 | |
Paul A Ward Jr Board Member | 0.5 | $0 | |
Allison M Picard Secretary & Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,710 |
| Dividends & Interest | $98,868 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $185,145 |
| Capital Gain Net Income | $185,145 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $319,723 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,955 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $54,570 |
| Contributions, gifts, grants paid | $193,000 |
| Total expenses and disbursements | $247,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,847 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,453,566 |
| 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, Herma Moeller Procopiadi Foundation has awarded $193,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMOS HOUSE PURPOSE: CHARITABLE | $20,000 |
BARRINGTON TAP-IN PURPOSE: CHARITABLE | $15,000 |
COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION INC PURPOSE: CHARITABLE | $7,000 |
HORACE MANN EDUCATIONAL ASSOCIATES PURPOSE: EDUCATIONAL | $6,000 |
HUMMEL REPORT PURPOSE: CHARITABLE | $2,000 |
IMMACULATE CONCEPTION CHURCH PURPOSE: RELIGIOUS | $25,000 |