Esther & Alcide Ruffini Charitable Foundation Tr Ua 5th B is located in Hanover, MA. The organization was established in 0000. 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.
For the year ending 06/2024, Esther & Alcide Ruffini Charitable Foundation Tr Ua 5th B generated $156.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $97.1k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Esther & Alcide Ruffini Charitable Foundation Tr Ua 5th B has awarded 38 individual grants totaling $446,500. 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.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Rockland Trust Company Trustee  | 3 | $21,402 | |
Robert Galvani Trustee  | 1 | $2,587 | |
Marissa Galvani Trustee  | 1 | $2,587 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $54,691 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $101,028 | 
| Capital Gain Net Income | $101,028 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $380 | 
| Total Revenue | $156,099 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,576 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $442 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $65 | 
| Total operating and administrative expenses | $27,083 | 
| Contributions, gifts, grants paid | $70,000 | 
| Total expenses and disbursements | $97,083 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $20,715 | 
| 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 | $1,978,017 | 
| 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 | 
Over the last fiscal year, Esther & Alcide Ruffini Charitable Foundation Tr Ua 5th B has awarded $70,000 in support to 8 organizations.
| Grant Recipient | Amount | 
|---|---|
SCHOLARSHIP AWARDS PURPOSE: SCHOLARSHIP AWARDS  | $2,000 | 
PLYMOUTH PHILHARMONIC PURPOSE: CONCERT  | $10,000 | 
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: GENERAL PURPOSES  | $17,200 | 
DANA FARBER CANCER INST PURPOSE: CANCER RESEARCH & CHILDRENS  | $2,000 | 
PERKINS SCHOOL FOR THE BLIND PURPOSE: GENERAL PURPOSES  | $5,000 | 
AMERICAN CANCER SOCIETY NE DIV PURPOSE: GENERAL PURPOSES  | $5,000 |