Traquina Family Foundation
- Assets
- $38.6m
- Revenue
- $4.1m
- Investments
- $32.8m
- Employees
- 0
- Location
- Weston, MA
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 83-2756538
Organization Overview
Traquina Family Foundation is located in Weston, MA. The organization was established in 2019. 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. Traquina Family 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, Traquina Family Foundation generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Traquina Family Foundation has awarded 30 individual grants totaling $3,407,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perry M Traquina Trustee | 0.25 | $0 | |
Robin R Traquina Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,370,737 |
| Interest on Savings | $6,254 |
| Dividends & Interest | $782,728 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,096,313 |
| Capital Gain Net Income | $1,135,644 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,063,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $88,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,022 |
| Total operating and administrative expenses | $113,405 |
| Contributions, gifts, grants paid | $1,670,000 |
| Total expenses and disbursements | $1,783,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,788,129 |
| 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 | $11,692,328 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $38,618,989 |
| 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, Traquina Family Foundation has awarded $1,670,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BRANDEIS UNIVERSITY PURPOSE: PROGRAM SUPPORT | $275,000 |
BATES COLLEGE PURPOSE: PROGRAM SUPPORT | $1,200,000 |
THE STEPPINGSTONE FOUNDATION PURPOSE: PROGRAM SUPPORT | $40,000 |
THE WINSOR SCHOOL PURPOSE: PROGRAM SUPPORT | $25,000 |
WELLINGTON MANAGEMENT FOUNDATION PURPOSE: PROGRAM SUPPORT | $10,000 |
BOSTON CHILDREN'S HOSPITAL TRUST PURPOSE: PROGRAM SUPPORT | $5,000 |