Tully Family Foundation
- Assets
- $72.0k
- Revenue
- $4.7k
- Investments
- $72.0k
- Employees
- 0
- Location
- Charlton, MA
- Founding
- Data as of
- 12/2023
- EIN
- 88-2459522
Organization Overview
Tully Family Foundation is located in Charlton, MA. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Tully 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 12/2023, Tully Family Foundation generated $4.7k in total revenue.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darlene Tully Trustee | 1 | $0 | |
Eric E Tully Trustee | 1 | $0 | |
Megan J Tully Trustee | 1 | $0 | |
Emily A Ray Trustee | 1 | $0 | |
Lindsey J Mann Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,021 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$284 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,737 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,147 |
| Total operating and administrative expenses | $5,657 |
| Contributions, gifts, grants paid | $27,500 |
| Total expenses and disbursements | $33,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $87 |
| 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 | $71,955 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $72,043 |
| 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, Tully Family Foundation has awarded $27,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF CENTRAL PURPOSE: SUPPORT CHILDREN IN OUR COMMUNITY THROUGH INDIVIDUALIZED MENTORING PROGRAMS. | $500 |
BOSTON CHIDLREN'S HOSPITAL PURPOSE: BOSTON MARATHON, MEDICAL RESEARCH IN SUPPORT FOR FAMILIES CARING FOR SICK CHILDREN. | $2,000 |
BEAGLE FREEDOM PROJECT PURPOSE: RESCUING AND REHOMING ANIMALS USED IN EXPERIMENTAL RESEARCH. | $500 |
BRAKE THE SILENCE PURPOSE: SCHOLARSHIPS FOR STUDENTS ENTERING THE MENTAL HEALTH FIELD. HELP LOCAL FAMILIES SUFFERING FROM SUICIDE LOSS. | $500 |
BOYS GIRLS CLUB OF WORCESTER PURPOSE: RUN AND MAINTAIN FOUR CLUBHOUSES, EMPLOYING A SKILLED STAFF, AND BEING ABLE TO PROVIDE NUMEROUS PROGRAMS AND SERVICES TO OVER 8,000 YOUTH ANNUALLY. | $1,000 |
CENTER OF HOPE FOUNDATION PURPOSE: PROVIDE PEOPLE WITH DISABILITIES AND THEIR FAMILIES FROM DIFFERENT CULTURES AND ETHNIC BACKGROUNDS WITH RESOURCES, SERVICES AND OPPORTUNITIES TO BE CONTRIBUTING MEMBERS OF THEIR COMMUNITIES AND TO ACHIEVE THE MOST FULFILLING AND MEANINGFUL LIVES POSSIBLE. | $2,500 |