Louise Sven And Anna Betty Carlson Foundation
- Assets
- $5.0m
- Revenue
- $1.0m
- Investments
- $4.5m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 45-6246765
Organization Overview
Louise Sven And Anna Betty Carlson Foundation is located in Boston, MA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Louise Sven And Anna Betty Carlson 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, Louise Sven And Anna Betty Carlson Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $452.6k during the year ending 12/2022. While expenses have increased by 9.9% per year over the past 8 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, Louise Sven And Anna Betty Carlson Foundation has awarded 24 individual grants totaling $2,610,000. 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 |
|---|---|---|---|
Matthew J Leonard Trustee | 0.3 | $0 | |
Karen Burke Trustee | 0.3 | $0 | |
Ellen M Harrington Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,311 |
| Dividends & Interest | $175,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $845,486 |
| Capital Gain Net Income | $845,486 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,023,071 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,624 |
| Contributions, gifts, grants paid | $440,000 |
| Total expenses and disbursements | $452,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $540,825 |
| 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 | $5,009,300 |
| 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, Louise Sven And Anna Betty Carlson Foundation has awarded $440,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL SHELTER OF MARTHA'S VINEYARD PURPOSE: TO BE USED FOR THE CHARITY'S GENERAL CHARITABLE PURPOSES. | $110,000 |
MARTHA'S VINEYARD HOSPITAL INC PURPOSE: TO BE USED FOR THE GENERAL NEEDS OF THE HOSPITAL AS DETERMINED BY THE HOSPITAL ADMINISTRATION. | $110,000 |
MARTHA'S VINEYARD REGIONAL HIGH SCHOOL PURPOSE: TO BE GRANTED TO ONE OR MORE SENIORS WHO HAVE RESIDED ON MARTHA'S VINEYARD FOR AT LEAST ONE YEAR, ON THE BASIS OF FINANCIAL NEED, TALENT, SCHOLASTIC ACHIEVEMENT, AND ATTITUDE, OR ANY COMBINATION OF THESE TRAITS, FOR THE ADVANCEMENT OF THE RECIPIENTS EDUCATION, AND TO BE SELECTED BY THE ADMINISTRATION OF SAID SCHOOL. | $220,000 |