The Andover Companies Charitable Foundation
- Assets
- $150.5k
- Revenue
- $2.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 87-2664214
Organization Overview
The Andover Companies Charitable Foundation is located in Wilmington, DE. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Andover Companies Charitable 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 12/2023, Andover Companies Charitable Foundation generated $2.9k in total revenue. All expenses for the organization totaled $266.1k during the year ending 12/2023.
Since 2021, Andover Companies Charitable Foundation has awarded 152 individual grants totaling $542,093. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles J Digrande Dir, Pres | 1 | $0 | |
Amy Diperna Dir, Treas | 1 | $0 | |
Kevin Ouellette Dir, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,946 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,946 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,285 |
| Total operating and administrative expenses | $27,313 |
| Contributions, gifts, grants paid | $238,768 |
| Total expenses and disbursements | $266,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $150,544 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $150,544 |
| 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, The Andover Companies Charitable Foundation has awarded $238,768 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
AGESPAN INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI PURPOSE: CHARITABLE EVENT | $2,000 |
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI PURPOSE: GENERAL & UNRESTRICTED | $825 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL & UNRESTRICTED | $250 |
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI PURPOSE: GENERAL & UNRESTRICTED | $50 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL & UNRESTRICTED | $25 |