Canton Association Of Business & Industry Charitable Fund Inc is located in Canton, MA. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Canton Association Of Business & Industry Charitable Fund Inc 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, Canton Association Of Business & Industry Charitable Fund Inc generated $29.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $20.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION FUNDED COLLEGE SCHOLARSHIPS FOR FOUR HIGH SCHOOL STUDENTS IN CANTON, MA. THE ORGANIZATION ALSO MADE GRANTS TO THE CANTON FIRE DEPARTMENT, CANTON HELPLINE AND THE MASSACHUSETTS HOSPITAL SCHOOL FOUNDATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard Goldman Director | 2 | $0 | |
Stephen P Costello Treasurer | 2 | $0 | |
Stephen Cesso Clerk | 2 | $0 | |
Gene Manning President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $40 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $29,806 |
Other Revenue | $0 |
Total Revenue | $29,846 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,370 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $270 |
Total expenses | $20,140 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $81,562 |
Other assets | $0 |
Total assets | $81,562 |
Total liabilities | $0 |
Net assets or fund balances | $81,562 |
Over the last fiscal year, we have identified 1 grants that Canton Association Of Business & Industry Charitable Fund Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Eversource Energy Foundation Inc Hartford, CT PURPOSE: SUPPORT FOR THE FAMILIES WITH PROGRAMS AND SERVICE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |
Lyford Cay Foundation Inc Greenwich, CT | $29,953,842 | $2,393,799 |
Wings For Things Foundation Inc Sandy Hook, CT | $31,046,537 | $6,302,092 |
Stephanie And Lawrence Flinn Jr Charitable Trust Rye, NY | $38,008,610 | $1,545,118 |
Sunshine Foundation Woodbury, NY | $26,794,175 | $2,071,620 |
Peter A And Deborah L Weinberg Family Foundation Albany, NY | $9,427,245 | $1,958,603 |
Trustees Under The Will Of Herman Dana Newton, MA | $0 | $3,151,156 |
Borrego Foundation Larchmont, NY | $44,485,466 | $2,189,586 |