Mary & Daniel Loughran Foundation is located in Providence, RI. The organization was established in 1972. 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. Mary & Daniel Loughran 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 07/2021, Mary & Daniel Loughran Foundation generated $3.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $630.6k during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bank Of America Trustee | 1 | $98,078 | |
Susan Rubbo Norton Executive Director | 15 | $50,000 | |
A Linwood Holton Jr Director | 0 | $0 | |
John T Hazel Director | 0 | $0 | |
Stephen D Harlan Director | 0 | $0 | |
John P Mcdaniel Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $175,404 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $3,152,332 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $148,078 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $164,577 |
Contributions, gifts, grants paid | $466,000 |
Total expenses and disbursements | $630,577 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Investments—mortgage loans | $0 |
Investments—other | $904,590 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
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