Glen & Ellen Mclaughlin Foundation
- Assets
- $0.0
- Revenue
- $66.8k
- Investments
- $886.0k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/1995
- Data as of
- 06/2021
- EIN
- 77-0388864
Organization Overview
Glen & Ellen Mclaughlin Foundation is located in Boston, MA. The organization was established in 1995. 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. Glen & Ellen Mclaughlin 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 06/2021, Glen & Ellen Mclaughlin Foundation generated $66.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $27.3k during the year ending 06/2021. While expenses have increased by 7.3% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen W Mclaughlin Vp/dir | 1 | $0 | |
Ellen Mclaughlin Vp/dir | 1 | $0 | |
Helen E O'rourke President/chairwoman/sec. | 1 | $0 | |
Brian J O'rourke Jr Vp/dir/treasurer/ass. Sec. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $28,553 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,811 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $16,000 |
| Contributions, gifts, grants paid | $11,325 |
| Total expenses and disbursements | $27,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $885,972 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Glen & Ellen Mclaughlin Foundation has awarded $11,325 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Bethel, ME PURPOSE: SCIENCE & TECHNOLOGY ANNUAL FUND | $7,500 |
CORNELL FUND PURPOSE: ANNUAL FUND FOR COLLEGE OF ARTS & SCIENCES AND COLLEGE OF ENGINEERING | $1,250 |
Wallingford, CT PURPOSE: ANNUAL FUND | $750 |
SOVEREIGN ORDER OF ST JOHN PURPOSE: SOSJ CHARITIES | $575 |
BOSTON COLLEGE LAW SCHOOL ALUMNI DEVELOP PURPOSE: ANNUAL FUND | $500 |
Worcester, MA PURPOSE: ANNUAL FUND | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Loring Wolcott & Coolidge Charitable Tr - I Boston, MA | $103,000 | $4,276,644 |
Rosenkranz Foundation Inc New York, NY | $20,933,111 | $6,809,267 |
Llewellyn Family Foundation New York, NY | $59,134,047 | $5,278,479 |