Elmina B Sewall Foundation
- Assets
- $166.6m
- Revenue
- -$3.6m
- Investments
- $161.2m
- Employees
- 0
- Location
- Freeport, ME
- Founding
- 06/1983
- Data as of
- 12/2022
- EIN
- 01-0387404
Organization Overview
Elmina B Sewall Foundation is located in Freeport, ME. The organization was established in 1983. 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. Elmina B Sewall Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Elmina B Sewall Foundation has awarded 812 individual grants totaling $34,978,932. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Gabriela Alcalde Executive Director | 36 | $200,250 | |
Rotha Chan Director | 2 | $15,000 | |
Gail Dana-Sacco PHD Vice Chair | 2 | $15,000 | |
Dale Mccormick Treasurer | 2 | $15,000 | |
John Banks Secretary | 1 | $11,250 | |
Amara Ifeji Director | 1 | $7,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pathstone Family Office | 12/30/22 | $168,750 |
Catchafire | 12/30/22 | $160,000 |
Fidelity Family Office Serivces | 12/30/22 | $141,995 |
Providentia Group | 12/30/22 | $55,805 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,100,700 |
| Dividends & Interest | $2,181,020 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,941,966 |
| Capital Gain Net Income | $3,702,317 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,947 |
| Total Revenue | -$3,635,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $324,170 |
| Other employee salaries and wages | $748,143 |
| Pension plans, employee benefits | $228,992 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $63,753 |
| Occupancy | $13,382 |
| Travel, conferences, and meetings | $172,303 |
| Printing and publications | $0 |
| Other expenses | $496,337 |
| Total operating and administrative expenses | $2,461,803 |
| Contributions, gifts, grants paid | $11,661,812 |
| Total expenses and disbursements | $14,123,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,923 |
| Savings and temporary cash investments | $3,546,741 |
| 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 | $1,072,650 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,895 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $948,921 |
| Investments—other | $27,843,275 |
| Net Land, buildings, and equipment | $78,430 |
| Other assets | $395,868 |
| Total assets | $166,615,697 |
| Accounts payable and accrued expenses | $22,994 |
| Grants payable | $355,000 |
| 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 | $377,994 |
Grants Awarded
Over the last fiscal year, Elmina B Sewall Foundation has awarded $12,759,500 in support to 295 organizations.
| Grant Recipient | Amount |
|---|---|
4-H CLUBS & AFFILIATED 4-H ORGANIZATIONS PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
ANIMAL REFUGE LEAGUE OF GREATER PORTLAND PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
A CLIMATE TO THRIVE PURPOSE: GENERAL OPERATING SUPPORT | $60,000 |
ALLIANCE FOR GLOBAL JUSTICE PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
AK HEALTH AND SOCIAL SERVICES PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
APPALACHIAN MOUNTAIN CLUB PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |