Shaw Brothers Family Foundation Inc
- Assets
- $7.8m
- Revenue
- $3.3m
- Investments
- $983.2k
- Employees
- 0
- Location
- Gorham, ME
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-4023084
Organization Overview
Shaw Brothers Family Foundation Inc is located in Gorham, ME. The organization was established in 2015. 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. Shaw Brothers Family 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.
For the year ending 12/2021, Shaw Brothers Family Foundation Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year.
Since 2016, Shaw Brothers Family Foundation Inc has awarded 131 individual grants totaling $1,149,392. 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 |
|---|---|---|---|
Jonathan E Shaw Trustee | 0 | $0 | |
Donna K Shaw Trustee | 0 | $0 | |
Daniel H Shaw Trustee | 0 | $0 | |
Thomas B Biegel Trustee | 0 | $0 | |
Jacqueline M Joyce Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $153 |
| Dividends & Interest | $64,951 |
| Net Rental Income | $19,928 |
| Net Gain on Sale of Assets | $3,240,839 |
| Capital Gain Net Income | $3,240,839 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,345,936 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47,849 |
| Depreciation | $74,261 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,179 |
| Total operating and administrative expenses | $131,089 |
| Contributions, gifts, grants paid | $233,939 |
| Total expenses and disbursements | $365,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,165,781 |
| 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 | $1,371 |
| Investments—mortgage loans | $0 |
| Investments—other | $983,246 |
| Net Land, buildings, and equipment | $2,628,226 |
| Other assets | $0 |
| Total assets | $7,778,624 |
| Accounts payable and accrued expenses | $62 |
| 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 | $62 |
Grants Awarded
Over the last fiscal year, Shaw Brothers Family Foundation Inc has awarded $233,939 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
MAINE MEDICAL CENTER PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
CHILDREN'S MUSEUM & THEATRE OF ME PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
SUSAN CURTIS FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
REED ALLEN COMMUNITY FUND PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Portland, ME PURPOSE: WESTBROOK TOGETHER DAYS | $3,500 |
Bath, ME PURPOSE: GENERAL OPERATING SUPPORT | $1,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John T Gorman Foundation Portland, ME | $247,615,876 | $14,457,212 |
Bangor Savings Bank Foundation Bangor, ME | $7,746,738 | $1,634,823 |
C&s Charities Inc Keene, NH | $239,311 | $1,355,714 |
Hypertherm Hope Foundation Hanover, NH | $457,973 | $823,751 |
Shaw Brothers Family Foundation Inc Gorham, ME | $7,778,624 | $3,345,936 |
Woodard & Curran Charitable Foundation Portland, ME | $970,287 | $275,776 |
Eventide Foundation Stratham, NH | $1,790,776 | $141,597 |
Ginn Family Foundation South Portland, ME | $2,578,556 | $217,899 |
Ames Automotive Foundation Marlborough, NH | $15,871,330 | $134,336 |
Payne Family Foundation Elkins, NH | $332,596 | $116,191 |
Harris A Berman & Ruth E Nemzoff Family Foundation Concord, NH | $593,848 | $50,673 |
Heritage Helps Foundation C/O Lori Chartier Auburn, NH | $0 | $5,768 |