Foley Hoag & Eliot Fdn
- Assets
- $18.1k
- Revenue
- $482.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/1981
- Data as of
- 12/2022
- EIN
- 04-2716893
Organization Overview
Foley Hoag & Eliot Fdn is located in Wilmington, DE. The organization was established in 1981. 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. Foley Hoag & Eliot Fdn 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 12/2022, Foley Hoag & Eliot Fdn generated $482.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $518.7k during the year ending 12/2022. While expenses have increased by 26.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foley Hoag & Eliot Fdn has awarded 380 individual grants totaling $2,436,000. 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 |
|---|---|---|---|
Mossik Hacobian Trustee | 1 | $0 | |
Michael B Keating Trustee | 1 | $0 | |
James Montgomery Trustee | 1 | $0 | |
Jeffrey Mullan Trustee | 1 | $0 | |
Jeanne Pinado Trustee | 1 | $0 | |
Madeleine Rodriguez Executive Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $482,462 |
| Interest on Savings | $168 |
| Dividends & Interest | $0 |
| 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 | $482,630 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $748 |
| Other expenses | $10,574 |
| Total operating and administrative expenses | $43,735 |
| Contributions, gifts, grants paid | $475,000 |
| Total expenses and disbursements | $518,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,127 |
| 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 | $0 |
| Total assets | $18,127 |
| 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, Foley Hoag & Eliot Fdn has awarded $475,000 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER JAMAICA INC PURPOSE: CIVIC DUTY PROGRAM | $6,000 |
ALLSTON BRIGHTON COMM DEV CORP PURPOSE: CSA FARM SHARE PROGRAM | $8,000 |
ALRAY TAYLOR SECOND CHANCE SCHOLARSHIP FUND CORPOR PURPOSE: CAREER SERVICES PILOT PROGRAM | $6,000 |
AN OPEN BOOK FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
ANAYA TIPNIS FOUNDATION INC PURPOSE: STAFF CAPACITY BUILDING | $4,000 |
ASIAN AMERICAN RESOURCE WORKSHOP INC PURPOSE: ASIAN IMMIGRANT MUTUAL SUPPORT SPACE | $6,000 |