Surf Point Foundation Trust Agree 04-07-88
- Assets
- $3.4m
- Revenue
- -$4.0k
- Investments
- $0.0
- Employees
- 0
- Location
- York, ME
- Founding
- 08/1989
- Data as of
- 12/2021
- EIN
- 01-6084742
Organization Overview
Surf Point Foundation Trust Agree 04-07-88 is located in York, ME. The organization was established in 1989. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Surf Point Foundation Trust Agree 04-07-88 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURF POINT FOUNDATION PROVIDES TIME, SPACE AND SUPPORT FOR THE VISUAL ARTS COMMUNITY TO THINK, CONNECT AND CREATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yael Reinharz Exec Director | 40 | $121,847 | |
Ellen Golden Vice Pres | 3 | $0 | |
Debra Drew Devaughn Trustee | 3 | $0 | |
Myron Beasley Trustee | 3 | $0 | |
Benjamin-Emile Le Hay Trustee | 3 | $0 | |
Christa Blatchford Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $128 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,585 |
| Capital Gain Net Income | $65,585 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$147,961 |
| Other Income | $55,154 |
| Total Revenue | -$4,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,888 |
| Other employee salaries and wages | $5,200 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,311 |
| Depreciation | $36,953 |
| Occupancy | $7,885 |
| Travel, conferences, and meetings | $758 |
| Printing and publications | $0 |
| Other expenses | $6,972 |
| Total operating and administrative expenses | $229,787 |
| Contributions, gifts, grants paid | $10,988,522 |
| Total expenses and disbursements | $11,218,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,271,966 |
| Other assets | $97,866 |
| Total assets | $3,370,059 |
| 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, Surf Point Foundation Trust Agree 04-07-88 has awarded $53,450 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
York, ME PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Portsmouth, NH PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
York, ME PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Portsmouth, NH PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
SUSAN DELVALLE PURPOSE: ARTIST HONORARIUM AND TRAVEL STIPEND | $1,800 |
SUSAN DELVALLE PURPOSE: ARTIST HONORARIUM AND TRAVEL STIPEND | $1,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Surf Point Foundation Trust Agree 04-07-88 has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For general support of charitable activities | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Surf Point Foundation Trust Agree 04-07-88 York, ME | $3,370,059 | -$4,038 |
Elaine Connors Wildcare Concord, NH | $2,331,972 | $215,341 |
K2 Fam Foundation Port Clyde, ME | $5,158,295 | $1,319,317 |
Great Hill Horticultural Foundation Inc Hampton, NH | $90,521 | $311,337 |
N C Wyeth Research Foundation And Reading Libraries Inc Cumberland Foreside, ME | $3,118,211 | $374,489 |
Sawyer Kensington Trust Kensington, NH | $169,299 | $82,263 |
Portland Seamens Friend Society Windham, ME | $179,565 | $108,058 |
Wesley S Way Foundation Manchester, NH | $49,045 | $48,630 |
Will And Elena Barnet Foundation Inc Sebasco Estates, ME | $1,158,799 | $66,651 |
The Webs Foundation Portsmouth, NH | $387,011 | $83,669 |
Pleasant River Wildlife Foundation Addison, ME | $2,147,465 | $25,047 |
Annie E Woodman Institute Dover, NH | $0 | $49,818 |