Southeastern New England Educational And Charitable Foundat
- Assets
- $2.2m
- Revenue
- $104.8k
- Investments
- $2.1m
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 04/2018
- Data as of
- 11/2023
- EIN
- 81-4738363
Organization Overview
Southeastern New England Educational And Charitable Foundat is located in Johnston, RI. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Southeastern New England Educational And Charitable Foundat is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Southeastern New England Educational And Charitable Foundat has awarded 15 individual grants totaling $566,821. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDENCE COLLEGE
SALVE REGINA UNIVERSITY
ROGER WILLIAMS UNIVERSITY
WESTERLY LAND TRUST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard A Jackvony Director | 1 | $0 | |
Sharon Jackson Director | 2 | $0 | |
Stephen Jackson Director | 5 | $55,563 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,544 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,252 |
| Capital Gain Net Income | $39,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $104,796 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,563 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $20,212 |
| Interest | $0 |
| Taxes | $2,560 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,194 |
| Total operating and administrative expenses | $99,081 |
| Contributions, gifts, grants paid | $135,879 |
| Total expenses and disbursements | $234,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $92,460 |
| 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 | $2,069,633 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,162,093 |
| 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, Southeastern New England Educational And Charitable Foundat has awarded $135,879 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PROVIDENCE COLLEGE PURPOSE: UNRESTRICTED GIFT | $63,000 |
MITCHELL COLLEGE PURPOSE: UNRESTRICTED GIFT | $10,815 |
SALVE REGINA UNIVERSITY PURPOSE: UNRESTRICTED GIFT | $31,064 |
ROGER WILLIAMS UNIVERSITY PURPOSE: UNRESTRICTED GIFT | $20,000 |
WESTERLY LAND TRUST PURPOSE: UNRESTRICTED GIFT | $11,000 |