Cone Automatic Machine Company Charitable Foundation
- Assets
- $751.9k
- Revenue
- $65.4k
- Investments
- $746.2k
- Employees
- 0
- Location
- Claremont, NH
- Founding
- 12/1954
- Data as of
- 10/2022
- EIN
- 03-6004866
Organization Overview
Cone Automatic Machine Company Charitable Foundation is located in Claremont, NH. The organization was established in 1954. 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. Cone Automatic Machine Company 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.
Since 2015, Cone Automatic Machine Company Charitable Foundation has awarded 258 individual grants totaling $444,750. 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 |
|---|---|---|---|
Linda J Kidder Trustee | 0.25 | $0 | |
Wayne E Pfenning Trustee | 0.25 | $0 | |
Elizabeth Ryan Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $120 |
| Dividends & Interest | $27,290 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,946 |
| Capital Gain Net Income | $37,946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,356 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $505 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $12,350 |
| Contributions, gifts, grants paid | $71,000 |
| Total expenses and disbursements | $83,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,704 |
| 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 | $746,179 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $751,883 |
| 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, Cone Automatic Machine Company Charitable Foundation has awarded $71,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Windsor, VT PURPOSE: DONATION FOR MT. ASCUTNEY HOSPITAL AND HEALTH CTR | $15,000 |
VISITING NURSE ALLIANCE OF VT & NH PURPOSE: GRANT | $6,000 |
DAVID'S HOUSE PURPOSE: GRANT | $4,000 |
HISTORIC HOMES OF RUNNEMEDE PURPOSE: DONATION FOR WHEELS AROUND WINDSOR, INC | $4,000 |
Windsor, VT PURPOSE: GRANT | $3,500 |
KEENE STATE COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
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 |