Danae And John Foley Foundation
- Assets
- $3.9m
- Revenue
- $508.4k
- Investments
- $3.8m
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 82-6731450
Organization Overview
Danae And John Foley Foundation is located in Wellesley, MA. The organization was established in 2018. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danae And John Foley 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 12/2021, Danae And John Foley Foundation generated $508.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $136.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (27.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Danae And John Foley Foundation has awarded 33 individual grants totaling $1,098,072. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Foley Trustee | 1 | $0 | |
Danae Foley Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $123,314 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $385,042 |
| Capital Gain Net Income | $385,042 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $508,363 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,520 |
| Contributions, gifts, grants paid | $101,000 |
| Total expenses and disbursements | $136,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,967 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,676 |
| 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 | $3,852,866 |
| 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, Danae And John Foley Foundation has awarded $101,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Wellesley, MA PURPOSE: GIFT | $27,500 |
Braintree, MA PURPOSE: GIFT | $25,000 |
NEWTON WELLESLEY HOSPITAL CHARITABLE FOUNDATION PURPOSE: GIFT | $25,000 |
Boston, MA PURPOSE: GIFT | $10,000 |
CAPE COD HEALTHCARE FOUNDATION PURPOSE: GIFT | $7,500 |
SISTERS OF ST JOSEPH OF SPRINGFIELD PURPOSE: GIFT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Word Of Life Fellowship Inc Schroon Lake, NY | $120,358,230 | $77,023,933 |
Mercy Life Inc West Springfield, MA | $6,533,362 | $24,380,335 |
Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Family Life Ministries Inc Bath, NY | $17,860,923 | $9,093,458 |
Brothers Of Mercy Of Montabaur Apartment Complex Inc Clarence, NY | $17,902,885 | $4,243,633 |
Resist Inc Jamaica Plain, MA | $7,004,475 | $7,102,680 |
Community Life Center Inc New York, NY | $644,812 | $3,859,837 |
Quincy Point Congregational Church Homes Inc Quincy, MA | $91,051,242 | $3,401,852 |
Tools Of The Mind Shirley, MA | $4,682,421 | $5,282,072 |
Overcoming Love Ministries Inc Woodhaven, NY | $3,350,912 | $2,614,539 |
Servants Of The Word Inc Glens Falls, NY | $3,237,962 | $3,756,976 |
Camp Hasc Inc Brooklyn, NY | $5,763,474 | $3,581,711 |