Charlesview Foundation
- Assets
- $4.0m
- Revenue
- $990.0k
- Investments
- $3.8m
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-2468501
Organization Overview
Charlesview Foundation is located in Beverly, MA. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Charlesview 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 12/2022, Charlesview Foundation generated $990.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.7% each year . All expenses for the organization totaled $191.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Charlesview Foundation has awarded 29 individual grants totaling $262,500. 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 |
|---|---|---|---|
Michael J Zak Trustee | 1 | $0 | |
Roxanne Eigenbrod Zak Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $850,752 |
| Interest on Savings | $5 |
| Dividends & Interest | $51,938 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $87,310 |
| Capital Gain Net Income | $87,310 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $990,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,495 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $34,277 |
| Contributions, gifts, grants paid | $157,500 |
| Total expenses and disbursements | $191,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177,900 |
| Savings and temporary cash investments | $0 |
| 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 | $3,847,025 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,024,925 |
| 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 | $225 |
| Total liabilities | $225 |
Grants Awarded
Over the last fiscal year, Charlesview Foundation has awarded $157,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ALTERNATIVES FOR COMMUNITY & ENVIRONMENT PURPOSE: CHARITABLE | $5,000 |
BERKSHIRE GROWN PURPOSE: CHARITABLE | $5,000 |
CENTRAL MASS GROWN PURPOSE: CHARITABLE | $5,000 |
GREEN ROOTS INC PURPOSE: CHARITABLE | $10,000 |
JUMPSTART FOR YOUNG CHILDREN INC PURPOSE: CHARITABLE | $25,000 |
MAINE COMMUNITY FOUNDATION PURPOSE: CHARITABLE | $10,000 |