John A Hubbard & Carol A Hubbard Charitable Foundation
- Assets
- $338.7k
- Revenue
- $37.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Walpole, NH
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 02-0500376
Organization Overview
John A Hubbard & Carol A Hubbard Charitable Foundation is located in Walpole, NH. The organization was established in 1999. 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. John A Hubbard & Carol A Hubbard 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 12/2021, John A Hubbard & Carol A Hubbard Charitable Foundation generated $37.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $45.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John A Hubbard & Carol A Hubbard Charitable Foundation has awarded 44 individual grants totaling $215,200. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WILL DISTRIBUTE INCOME AND PRINCIPAL PERIODICALLY, AS THE TRUSTEES SHALL DETERMINE, TO ORGANIZATIONS WHICH QUALIFY AS PUBLIC CHARITIES UNDER IRC SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Johnson Chairman | 0 | $0 | |
John A Hubbard Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,877 |
| Capital Gain Net Income | $27,877 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $290 |
| Total Revenue | $37,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $64 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,373 |
| Total operating and administrative expenses | $9,889 |
| Contributions, gifts, grants paid | $36,000 |
| Total expenses and disbursements | $45,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $22,730 |
| 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 | $314,951 |
| Total assets | $338,681 |
| 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, John A Hubbard & Carol A Hubbard Charitable Foundation has awarded $36,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MOCO ARTS PURPOSE: GIFT | $14,000 |
Manchester, NH PURPOSE: GIFT - ADAPTIVE DANCE | $6,000 |
WEST SWANZEY COMMUNITY CHURCH PURPOSE: GIFT | $5,000 |
MAYNARD HOUSE PURPOSE: GIFT | $5,000 |
WHITCOMB HALL PURPOSE: GIFT | $5,000 |
Keene, NH PURPOSE: GIFT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
William J & Lia G Poorvu Family Foundation Cambridge, MA | $120,261,343 | $11,453,242 |
Shapiro Foundation Needham, MA | $157,349,001 | $11,545,549 |
New Balance Foundation Boston, MA | $152,561,164 | $17,219,252 |
Linde Family Foundation Boston, MA | $189,813,343 | $18,266,253 |
Nancy Lurie Marks Family Foundation Wellesley, MA | $0 | $8,374,794 |
Abrams Foundation Inc Boston, MA | $0 | $18,931,017 |
James S Mcdonnell Family Foundation Inc Lincoln, MA | $112,136,511 | $18,539,492 |
Highland Street Connection Newton, MA | $74,050,006 | $4,748,542 |
High Meadows Fund Inc Middlebury, VT | $79,370 | $3,916,817 |
Mooney-Reed Charitable Foundation Tr Concord, MA | $125,988,887 | $19,894,387 |
Rauch Foundation Inc Woodstock, VT | $0 | $7,676,886 |