Corey C Griffin Charitable Foundation
- Assets
- $18.7m
- Revenue
- $4.1m
- Investments
- $3.1m
- Employees
- 1
- Location
- Framingham, MA
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 47-1976181
Organization Overview
Corey C Griffin Charitable Foundation is located in Framingham, MA. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Corey C Griffin Charitable 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, Corey C Griffin Charitable Foundation generated $4.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Corey C Griffin Charitable Foundation has awarded 51 individual grants totaling $5,653,050. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE COREY C. GRIFFIN FOUNDATION PARTNERS WITH LEADING NONPROFIT ORGANIZATIONS TO CHANGE THE TRAJECTORY OF THE LIVES OF KIDS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
"COREY'S KIDS" IS THE TERM USED FOR THE KIDS OF COREY'S THAT HIS PARENTS WILL NEVER HAVE THE OPPORTUNITY TO MEET. COREY'S KIDS INCLUDES THOSE THAT BENEFIT FROM COREY'S KIDS CHRISTMAS, THROUGH BOSTON CHILDREN'S HOSPITAL INITIATIVES, AND THOSE THAT BENEFIT FROM THE VARIOUS OTHER GRANTS. "COREY'S KIDS" REFER TO ANYONE BENEFITTING FROM THE ASSISTANCE. THE ORGANIZATION MAKES GRANTS TO 8 STRATEGIC PARTNERS WITH A FOCUS ON EDUCATION, LEADERSHIP, CHARACTER DEVELOPMENT, PHYSICAL AND MENTAL HEALTH. THE EIGHT PARTNERS THE ORGANIZATION GRANTS TO ARE RON BURTON TRAINING VILLAGE, BOSTON CHILDRENS HOSPITAL, FRANCISCAN CHILDREN'S HOSPITAL, LAWRENCE CATHOLIC ACADEMY, CAMPAIGN FOR CATHOLIC SCHOOLS, MY BROTHER'S KEEPER, BOSTON PAL, AND THE ACHIEVE PROGRAM AT NOBLES. FOR 2023, THE GRANTS TO THESE ORGANIZATIONS TOTALED $786,000.IN ADDITION, THE ORGANIZATION PURCHASED CHROMEBOOKS, JBL HEADPHONES AND WINTER JACKETS FOR APPROXIMATELY 2000 KIDS IN NEED.THE OVERALL IMPACT OF COREY'S KIDS IS APPROXIMATELY 10,000 KIDS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey A Griffin Board President | OfficerTrustee | 1 | $0 |
Joseph Zink Treasurer | OfficerTrustee | 1 | $0 |
Robert E Griffin Jr Ex Officio Director | Trustee | 1 | $0 |
Cathleen A Griffin Director | Trustee | 1 | $0 |
Michael P Griffin Director | Trustee | 1 | $0 |
Casey Giudicelli Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,530,172 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $425,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,955,408 |
| Total Program Service Revenue | $0 |
| Investment income | $381,457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $113,209 |
| Net Income from Fundraising Events | -$405,722 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,857 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,064,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $786,000 |
| Grants and other assistance to domestic individuals. | $222,409 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $181,153 |
| Compensation of current officers, directors, key employees. | $54,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,837 |
| Payroll taxes | $12,884 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,775 |
| Fees for services: Accounting | $28,021 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $47,412 |
| Fees for services: Other | $383,375 |
| Advertising and promotion | $40,194 |
| Office expenses | $6,037 |
| Information technology | $9,181 |
| Royalties | $0 |
| Occupancy | $21,858 |
| Travel | $21,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,147 |
| All other expenses | $35 |
| Total functional expenses | $1,869,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,900,443 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,031,667 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $230,752 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,427,612 |
| Investments—other securities | $3,142,209 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,732,683 |
| Accounts payable and accrued expenses | $181,588 |
| Grants payable | $0 |
| Deferred revenue | $741,740 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $923,328 |
| Net assets without donor restrictions | $15,924,961 |
| Net assets with donor restrictions | $1,884,394 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,732,683 |
Grants Awarded
Over the last fiscal year, Corey C Griffin Charitable Foundation has awarded $785,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHILDREN'S HOSPITAL PURPOSE: SUPPORT OF PROGRAM ACTIVITIES AND OPERATIONS | $100,000 |
RON BURTON TRAILING VILLAGE INC PURPOSE: SUPPORT OF PROGRAM ACTIVITIES AND OPERATIONS | $350,000 |
FRANCISCAN CHILDREN'S HOSPITAL PURPOSE: SUPPORT OF PROGRAM ACTIVITIES AND OPERATIONS | $50,000 |
BOSTON POLICE ACTIVITIES LEAGUE PURPOSE: SUPPORT OF PROGRAM ACTIVITIES AND OPERATIONS | $30,000 |
MY BROTHER'S KEEPER PURPOSE: SUPPORT OF PROGRAM ACTIVITIES AND OPERATIONS | $30,000 |
NOBLE AND GREENOUGH SCHOOL PURPOSE: SUPPORT OF PROGRAM ACTIVITIES AND OPERATIONS | $25,000 |