Bromley Foundation Inc
- Assets
- $5.3m
- Revenue
- $89.5k
- Investments
- $5.0m
- Employees
- 0
- Location
- Chestnut Hill, MA
- Founding
- 05/2010
- Data as of
- 12/2022
- EIN
- 94-3482510
Organization Overview
Bromley Foundation Inc is located in Chestnut Hill, MA. The organization was established in 2010. 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. Bromley 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 12/2022, Bromley Foundation Inc generated $89.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $404.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bromley Foundation Inc has awarded 43 individual grants totaling $2,385,000. 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 |
|---|---|---|---|
James Lj Nuzzo President | 1 | $0 | |
Judith Gh Edington Clerk | 1 | $0 | |
Bryann Bromley Nuzzo Director | 1 | $0 | |
Lauran Bromley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,516 |
| Interest on Savings | $0 |
| Dividends & Interest | $85,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$45,127 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,959 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,426 |
| Total operating and administrative expenses | $29,385 |
| Contributions, gifts, grants paid | $375,000 |
| Total expenses and disbursements | $404,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $237,793 |
| 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 | $3,852,494 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,277,054 |
| 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, Bromley Foundation Inc has awarded $375,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE BISHOP MUSEUM PURPOSE: TO FURTHER THE ORGANIZATION'S MISSION TO INSPIRE THE COMMUNITY AND VISITORS THROUGH THE EXPLORATION AND CELEBRATION OF THE EXTRAORDINARY HISTORY, CULTURE, AND ENVIRONMENT OF HAWAII AND THE PACIFIC. | $25,000 |
HOOLA NA PUA PURPOSE: TO PREVENT SEX TRAFFICKING AND TO PROVIDE CARE FOR CHILDREN WHO HAVE BEEN EXPLOITED. | $250,000 |
INDEPENDENT PRODUCTION FUND PURPOSE: THE PURPOSE OF THE INDEPENDENT PRODUCTION FUND IS TO CREATE DOCUMENTARIES AND INFORMATIONAL PROGRAMS TO ADDRESS PUBLIC AFFAIRS, BUSINESS AND FINANCE, MEDICINE AND HEALTH, AND CULTURE | $100,000 |