Arbour Way Foundation Inc
- Assets
- $76.3m
- Revenue
- $18.6m
- Investments
- $71.5m
- Employees
- 0
- Location
- Boston, MA
- Founding
- Data as of
- 12/2023
- EIN
- 88-1930194
Organization Overview
Arbour Way Foundation Inc is located in Boston, MA. 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. Arbour Way Foundation Inc 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, Arbour Way Foundation Inc generated $18.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (42.5%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Arbour Way Foundation Inc has awarded 15 individual grants totaling $3,836,333. 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 |
|---|---|---|---|
Name Not Listed Trustee | 0.5 | $0 | |
Name Not Listed Trustee | 0.5 | $0 | |
Name Not Listed Trustee | 0.5 | $0 | |
Name Not Listed Trustee | 0.5 | $0 | |
Name Not Listed Trustee | 0.5 | $0 | |
Name Not Listed Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,864,199 |
| Interest on Savings | $1,607,585 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,899 |
| Capital Gain Net Income | $196,305 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,576,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $48,579 |
| Contributions, gifts, grants paid | $3,836,333 |
| Total expenses and disbursements | $3,884,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,816,957 |
| 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 | $71,520,185 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $76,337,142 |
| 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, Arbour Way Foundation Inc has awarded $3,836,333 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC PURPOSE: GENERAL SUPPORT | $250,000 |
AMERICAN JUNIOR GOLF ASSOCIATION PURPOSE: GENERAL SUPPORT | $7,500 |
ARTISTS ASSOCIATION OF NANTUCKET PURPOSE: GENERAL SUPPORT | $44,300 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: GENERAL SUPPORT | $150,000 |
DARTMOUTH-HITCHCOCK CLINIC PURPOSE: GENERAL SUPPORT | $20,000 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: SUPPORT FOR THE KELLY WRITERS HOUSE | $200,000 |