Tbd Foundation
- Assets
- $2.9m
- Revenue
- $389.6k
- Investments
- $2.9m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 47-6490075
Organization Overview
Tbd Foundation is located in Boston, MA. The organization was established in 2015. 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. Tbd 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, Tbd Foundation generated $389.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $465.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tbd Foundation has awarded 131 individual grants totaling $2,316,582. 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 |
|---|---|---|---|
Gerald D Cohen Trustee | 5 | $0 | |
Susan B Cohen Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,732 |
| Dividends & Interest | $79,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $278,664 |
| Capital Gain Net Income | $278,664 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $389,594 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,209 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $20,187 |
| Contributions, gifts, grants paid | $445,400 |
| Total expenses and disbursements | $465,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,274 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,871,928 |
| 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, Tbd Foundation has awarded $445,400 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF IDC PURPOSE: TO PROVIDE NEEDED MONETARY ASSISTANCE TO THE CHARITY | $10,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: TO PROVIDE NEEDED MONETARY ASSISTANCE TO THE CHARITY | $54,600 |
BELMONT HILL SCHOOL PURPOSE: TO PROVIDE NEEDED MONETARY ASSISTANCE TO THE CHARITY | $1,250 |
BOSTON SYMPHONY ORCHESTRA PURPOSE: TO PROVIDE NEEDED MONETARY ASSISTANCE TO THE CHARITY | $75,000 |
BOWDOIN COLLEGE PURPOSE: TO PROVIDE NEEDED MONETARY ASSISTANCE TO THE CHARITY | $5,000 |
BOYS AND GIRLS CLUB OF BOSTON PURPOSE: TO PROVIDE NEEDED MONETARY ASSISTANCE TO THE CHARITY | $2,800 |