White Fund Inc
- Assets
- $1.1m
- Revenue
- -$7.3k
- Investments
- $1.0m
- Employees
- 0
- Location
- Lawrence, MA
- Founding
- 08/1982
- Data as of
- 03/2024
- EIN
- 04-2761754
Organization Overview
White Fund Inc is located in Lawrence, MA. The organization was established in 1982. 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. White Fund Inc 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, White Fund Inc has awarded 144 individual grants totaling $196,002. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GRANTS
LECTURE SERIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee/pres | 1 | $0 | |
Name Not Listed Trustee/trea | 1 | $0 | |
Name Not Listed Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,547 |
| Dividends & Interest | $17,657 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$27,549 |
| Capital Gain Net Income | $21,815 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$7,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $12,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $890 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,430 |
| Total operating and administrative expenses | $30,156 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $49,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,225 |
| Savings and temporary cash investments | $121,470 |
| 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 | $1,135,809 |
| 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, White Fund Inc has awarded $19,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BREAD AND ROSES PURPOSE: SAME | $1,000 |
BELLESINI ACADEMY PURPOSE: SAME | $1,000 |
ESSEX COUNTY COMMUNITY FUND PURPOSE: SAME | $1,000 |
COMMUNITY INROADS PURPOSE: SAME | $1,000 |
BOYS & GIRLS CLUB OF LAWRENCE PURPOSE: SAME | $1,000 |
GROUNDWORK LAWRENCE PURPOSE: SAME | $1,000 |