Roxanne Quimby Foundation Inc
- Assets
- $30.3m
- Revenue
- $822.3k
- Investments
- $28.7m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 47-5008812
Organization Overview
Roxanne Quimby Foundation Inc is located in Portland, ME. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Roxanne Quimby 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 12/2022, Roxanne Quimby Foundation Inc generated $822.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $8.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Roxanne Quimby Foundation Inc has awarded 118 individual grants totaling $11,639,950. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roxanne Quimby President & Director | 0.5 | $0 | |
Hannah Quimby Secretary & Director | 0.1 | $0 | |
Rachelle Quimby Treasurer & Director | 0.1 | $0 | |
Lucas St Clair Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $143,287 |
| Dividends & Interest | $688,724 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,713 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $822,298 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,066,971 |
| Total operating and administrative expenses | $5,301,158 |
| Contributions, gifts, grants paid | $3,226,467 |
| Total expenses and disbursements | $8,527,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,131 |
| Savings and temporary cash investments | $1,599,305 |
| 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 | $6,554,978 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,274,779 |
| 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, Roxanne Quimby Foundation Inc has awarded $3,226,467 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ILLUSTRATION INSTITUTE PURPOSE: OPERATIONAL SUPPORT | $2,000 |
MAINE ST SOC FOR THE PROT OF ANIMALS PURPOSE: ANIMAL WELFARE | $25,000 |
PLANNED PARENTHOOD MAINE ACTION FUND PURPOSE: OPERATIONAL SUPPORT | $2,000 |
THE POTOMAC ASSOCIATION PURPOSE: RESTORATION | $25,000 |
ALLAGASH WILDERNESS WATERWAY FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $2,000 |
AVIAN HAVEN PURPOSE: OPERATIONAL SUPPORT | $1,000 |