The Bitty Foundation
- Assets
- $1.4m
- Revenue
- $99.2k
- Investments
- $1.3m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2002
- Data as of
- 12/2023
- EIN
- 02-6124799
Organization Overview
The Bitty Foundation is located in Boston, MA. The organization was established in 2002. 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. Bitty 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 12/2023, Bitty Foundation generated $99.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $91.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bitty Foundation has awarded 53 individual grants totaling $566,521. 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 |
|---|---|---|---|
Nh Trustee | 1 | $0 | |
Charlene Forsten Trustee | 1 | $0 | |
Amy R Lonergan Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,337 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,853 |
| Capital Gain Net Income | $55,853 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $99,190 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $888 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $93 |
| Total operating and administrative expenses | $11,936 |
| Contributions, gifts, grants paid | $79,238 |
| Total expenses and disbursements | $91,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,966 |
| 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 | $854,924 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,400,697 |
| 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, The Bitty Foundation has awarded $79,238 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
EDWIN & DOROTHY BAKER FOUNDATION PURPOSE: SUPPORT SUMMER DAYS AND THE AFTER SCHOOL PROGRAMS | $20,000 |
END 68 HOURS OF HUNGER PURPOSE: BATTLE AGAINST HUNGER | $12,500 |
INTERNATIONAL INSTITUTE OF NEW ENGLAND PURPOSE: PROVIDES ASSISTNACE TO HELP NATURALIZE NEW ENGLAND'S REFUGEES AND IMMGRANTS | $12,500 |
FITCHBURG ART MUSEUM PURPOSE: EDUCATIONAL FOR FAMILY MEMBERSHIPS | $3,000 |
THE GRAPEVINE FAMILY & COMMUNITY RESOURCE CENTER PURPOSE: PROMOTES FAMILY AND COMMUNITY HEALTH AND WELL-BEING THROUGH SUPPORT, EDUCATION AND THE SHARING OF RESOURCES. | $12,500 |
NOTICEABILITY INC PURPOSE: EDUCATIONAL - DEDICATED TO HELPING STUDENTS WITH DYSLEXIA | $3,000 |