Groveton Foundation The
- Assets
- $324.4k
- Revenue
- $22.8k
- Investments
- $281.7k
- Employees
- 0
- Location
- Groveton, NH
- Founding
- 08/1978
- Data as of
- 04/2024
- EIN
- 02-0337849
Organization Overview
Groveton Foundation The is located in Groveton, NH. The organization was established in 1978. 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. Groveton Foundation The 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 04/2024, Groveton Foundation The generated $22.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $22.2k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES GRANTS TO LOCAL ORGANIZATIONS IN NEED TO ASSIST IN THEIR OWN INDIVIDUAL MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorna Aldrich Director | 0 | $0 | |
Diana Brann Director | 0 | $0 | |
Dennis Charron Director | 0 | $0 | |
Elaine Gray Director | 0 | $0 | |
Roger Mayhew Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $22,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $268 |
| Total operating and administrative expenses | $1,368 |
| Contributions, gifts, grants paid | $20,800 |
| Total expenses and disbursements | $22,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,696 |
| 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 | $281,714 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $324,410 |
| 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, Groveton Foundation The has awarded $20,800 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WEEKS MEDICAL CENTER AUXILIARY PURPOSE: SENIOR CITIZEN FELLOWSHIP | $500 |
GROVETON COMMUNITY CHRISTMAS PURPOSE: TOWN FELLOWSHIP | $100 |
ST MARGUERITE D'YOUVILLE PARISH PURPOSE: DONATION TO ASSISTEN PARISH | $3,000 |
GROVETON FOOD PANTRY PURPOSE: FOOD FOR POOR | $10,000 |
GROVETON METHODIST CHURCH PURPOSE: SENIOR CITIZEN FELLOWSHIP | $3,000 |
GROVETON CAL RIPKEN BASEBALL LEAGUE PURPOSE: LEAGUE SUPPORT | $500 |