Loring Wolcott & Coolidge Charitable Tr - I
- Assets
- $0.0
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/2014
- Data as of
- 08/2023
- EIN
- 47-6280494
Organization Overview
Loring Wolcott & Coolidge Charitable Tr - I is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Loring Wolcott & Coolidge Charitable Tr - I 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 08/2023, Loring Wolcott & Coolidge Charitable Tr - I generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $3.5m during the year ending 08/2023. While expenses have increased by 1.0% 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, Loring Wolcott & Coolidge Charitable Tr - I has awarded 1,035 individual grants totaling $22,818,984. 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
TO SUPPORT THE WORK OF OTHER 501(C)(3) CHARITABLE ORGANIZATIONS THROUGH GRANTMAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RECEIVES CONTRIBUTIONS FROM LORING, WOLCOTT & COOLIDGE OFFICE'S CLIENTS. THE ORGANIZATION'S TRUSTEES, WHILE EXERCISING THEIR INDEPENDENT DISCRETION, MAKE GRANTS TO OTHER 501(C)(3) PUBLIC CHARITIES IN FUTHERANCE OF THE ORGANIZATION'S CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C-F David Boit Trustee | Trustee | 1 | $0 |
Thomas R Appleton Trustee | Trustee | 1 | $0 |
Amy L Domini Trustee | Trustee | 1 | $0 |
Gilbert M Roddy Jr Trustee | Trustee | 1 | $0 |
William B Perkins Trustee | Trustee | 1 | $0 |
Wendy S Holding Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $18,430 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,427,478 |
| Noncash contributions included in lines 1a–1f | $3,360,397 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,445,908 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,023 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,486,931 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,468,501 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $500 |
| Total functional expenses | $3,486,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Loring Wolcott & Coolidge Charitable Tr - I has awarded $2,500,822 in support to 139 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: PROGRAM SUPPORT | $8,200 |
ANIMAL RESCUE LEAGUE OF BOSTON PURPOSE: PROGRAM SUPPORT | $50,000 |
BOSTON AREA RAPE CRISIS CENTER PURPOSE: PROGRAM SUPPORT | $7,000 |
BROOKS SCHOOL PURPOSE: PROGRAM SUPPORT | $25,000 |
BUZZARDS BAY COALITION PURPOSE: PROGRAM SUPPORT | $16,000 |
CAMPHILL VILLAGE USA PURPOSE: PROGRAM SUPPORT | $12,000 |