Turpin Family Charitable Foundation
- Assets
- $2.2m
- Revenue
- $255.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 08/1993
- Data as of
- 06/2022
- EIN
- 95-4419892
Organization Overview
Turpin Family Charitable Foundation is located in Waltham, MA. The organization was established in 1993. 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. Turpin Family 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 06/2022, Turpin Family Charitable Foundation generated $255.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $126.4k during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Turpin Family Charitable Foundation has awarded 81 individual grants totaling $193,700. 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 |
|---|---|---|---|
Pauline H Turpin Dir/president (thru 12/2021) | 0.25 | $0 | |
George B Turpin Jr Dir/secretary | 0.25 | $0 | |
Brier S Turpin Dir/vice President | 0.25 | $0 | |
Kent Allebrand Director | 0.25 | $0 | |
Evan Turpin Director | 0.25 | $0 | |
Stephen Rack Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,009 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $216,670 |
| Capital Gain Net Income | $216,670 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $255,679 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,620 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,748 |
| Total operating and administrative expenses | $33,922 |
| Contributions, gifts, grants paid | $92,500 |
| Total expenses and disbursements | $126,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,284 |
| Savings and temporary cash investments | $13,562 |
| 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 | $2,155,083 |
| 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, Turpin Family Charitable Foundation has awarded $92,500 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF SANTA BARBARA PURPOSE: TO INSPIRE AND ENABLE ALL YOUNG PEOPLE | $500 |
CAL POLY SAN LUIS OBISPO PURPOSE: TO SUPPORT EDUCATION | $1,000 |
CANCER FOUNDATION OF SANTA BARBARA PURPOSE: TO ENSURE SUPERIOR CANCER CARE FOR ALL RESIDENTS OF SANTA BARBARA COUNTY | $1,000 |
CASA PURPOSE: TO ADVOCATE FOR CHILDREN AND FAMILIES IN CHILD WELFARE AND JUVENILE JUSTICE SYSTEMS | $500 |
CHILD ABUSE LISTENING MEDIATION (CALM) PURPOSE: TO PREVENT CHILDHOOD TRAUMA, HEAL CHILDREN AND FAMILIES, AND BUILD RESILIENT COMMUNITIES | $500 |
COLORADO COLLEGE PURPOSE: TO SUPPORT EDUCATION | $1,000 |